LINTON PRODUCTS LIMITED

Company Registration Number:
11468123 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

LINTON PRODUCTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LINTON PRODUCTS LIMITED

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Kelvin Linton


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 February 2024

And signed on behalf of the board by:
Name: Kelvin Linton
Status: Director

LINTON PRODUCTS LIMITED

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 7,193,832 6,817,748
Cost of sales: ( 5,172,633 ) ( 4,816,106 )
Gross profit(or loss): 2,021,199 2,001,642
Distribution costs: ( 273,847 ) ( 241,194 )
Administrative expenses: ( 536,437 ) ( 512,865 )
Operating profit(or loss): 1,210,915 1,247,583
Profit(or loss) before tax: 1,210,915 1,247,583
Tax: ( 210,293 ) ( 224,565 )
Profit(or loss) for the financial year: 1,000,622 1,023,018

LINTON PRODUCTS LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,389,028 987,762
Total fixed assets: 1,389,028 987,762
Current assets
Stocks: 4 997,485 754,830
Debtors: 5 1,474,922 1,237,493
Cash at bank and in hand: 847,592 698,404
Total current assets: 3,319,999 2,690,727
Creditors: amounts falling due within one year: 6 ( 519,285 ) ( 489,369 )
Net current assets (liabilities): 2,800,714 2,201,358
Total assets less current liabilities: 4,189,742 3,189,120
Total net assets (liabilities): 4,189,742 3,189,120
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 4,189,741 3,189,119
Total Shareholders' funds: 4,189,742 3,189,120

The notes form part of these financial statements

LINTON PRODUCTS LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 February 2024
and signed on behalf of the board by:

Name: Kelvin Linton
Status: Director

The notes form part of these financial statements

LINTON PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

LINTON PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 18 16

LINTON PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 645,938 135,301 90,145 91,162 189,586 1,152,132
Additions 328,374 47,362 8,883 70,734 455,353
Disposals
Revaluations
Transfers
At 31 July 2023 974,312 182,663 99,028 91,162 260,320 1,607,485
Depreciation
At 1 August 2022 25,176 39,378 22,722 77,094 164,370
Charge for year 9,208 13,049 8,892 22,938 54,087
On disposals
Other adjustments
At 31 July 2023 34,384 52,427 31,614 100,032 218,457
Net book value
At 31 July 2023 974,312 148,279 46,601 59,548 160,288 1,389,028
At 31 July 2022 645,938 110,125 50,767 68,440 112,492 987,762

LINTON PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 997,485 754,830
Total 997,485 754,830

LINTON PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,474,922 1,237,493
Total 1,474,922 1,237,493

LINTON PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 308,992 264,804
Taxation and social security 210,293 224,565
Total 519,285 489,369