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Company Registration No. 10527048 (England and Wales)
LynnTherm Limited Unaudited accounts for the year ended 31 December 2023
LynnTherm Limited Unaudited accounts Contents
Page
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LynnTherm Limited Company Information for the year ended 31 December 2023
Director
Mr Stephen William Smith
Company Number
10527048 (England and Wales)
Registered Office
ORCHARD LODGE HILL ROAD, MIDDLETON KING'S LYNN PE32 1RW ENGLAND
Accountants
Grow Your Business East Anglia Ltd 30 Market Place Swaffham Norfolk PE37 7QH
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LynnTherm Limited Accountants' report
Accountants' report to the director of LynnTherm Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LynnTherm Limited for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of LynnTherm Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of LynnTherm Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LynnTherm Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that LynnTherm Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of LynnTherm Limited. You consider that LynnTherm Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of LynnTherm Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Grow Your Business East Anglia Ltd 30 Market Place Swaffham Norfolk PE37 7QH 9 February 2024
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LynnTherm Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,899 
36,700 
Current assets
Debtors
71,667 
30,145 
Cash at bank and in hand
97,740 
130,109 
169,407 
160,254 
Creditors: amounts falling due within one year
(80,388)
(85,909)
Net current assets
89,019 
74,345 
Net assets
117,918 
111,045 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
117,818 
110,945 
Shareholders' funds
117,918 
111,045 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 February 2024 and were signed on its behalf by
Mr Stephen William Smith Director Company Registration No. 10527048
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LynnTherm Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
LynnTherm Limited is a private company, limited by shares, registered in England and Wales, registration number 10527048. The registered office is ORCHARD LODGE, HILL ROAD, MIDDLETON, KING'S LYNN, PE32 1RW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% p.a.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
24,049 
45,620 
69,669 
Additions
4,868 
- 
4,868 
Disposals
- 
(11,795)
(11,795)
At 31 December 2023
28,917 
33,825 
62,742 
Depreciation
At 1 January 2023
10,876 
22,093 
32,969 
Charge for the year
3,055 
4,638 
7,693 
On disposals
- 
(6,819)
(6,819)
At 31 December 2023
13,931 
19,912 
33,843 
Net book value
At 31 December 2023
14,986 
13,913 
28,899 
At 31 December 2022
13,173 
23,527 
36,700 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
71,667 
30,145 
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LynnTherm Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
14,119 
Trade creditors
31,417 
27,066 
Taxes and social security
17,830 
22,418 
Other creditors
20,329 
11,494 
Loans from directors
10,812 
10,812 
80,388 
85,909 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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