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REGISTERED NUMBER: 09727327 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED

LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr R Lister
Mrs I C Lister





REGISTERED OFFICE: 15 Canterbury Drive
Washingborough
LINCOLN
Lincolnshire
LN4 1SJ





REGISTERED NUMBER: 09727327 (England and Wales)





ACCOUNTANTS: Rigel Wolf Ltd
Orion House
28A Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ

LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 13,998 24,894
13,998 24,894

CURRENT ASSETS
Stocks 4,045 -
Debtors 6 435,881 440,870
Cash at bank 872 6,250
440,798 447,120
CREDITORS
Amounts falling due within one year 7 123,770 132,768
NET CURRENT ASSETS 317,028 314,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,026

339,246

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 330,926 339,146
SHAREHOLDERS' FUNDS 331,026 339,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)

BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:




Mrs I C Lister - Director



Mr R T Lister - Director


LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Listers Building Contractors (Lincoln) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of goods and services provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

This amount has now been fully written off.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 3,500
AMORTISATION
At 1 November 2022
and 31 October 2023 3,500
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 22,678 308 15,350 2,850 41,186
Disposals - - (15,350 ) - (15,350 )
At 31 October 2023 22,678 308 - 2,850 25,836
DEPRECIATION
At 1 November 2022 7,141 62 7,033 2,056 16,292
Charge for year 2,332 49 - 198 2,579
Eliminated on disposal - - (7,033 ) - (7,033 )
At 31 October 2023 9,473 111 - 2,254 11,838
NET BOOK VALUE
At 31 October 2023 13,205 197 - 596 13,998
At 31 October 2022 15,537 246 8,317 794 24,894

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 435,173 432,000
Tax - 7,918
VAT - 233
Prepayments and accrued income 708 719
435,881 440,870

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 36 496
Corporation tax 1,097 -
Social security and other taxes - 1,134
VAT 1,139 -
Directors' current accounts 120,723 130,359
Accruals and deferred income 775 779
123,770 132,768

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100

LISTERS BUILDING CONTRACTORS (LINCOLN)
LIMITED (REGISTERED NUMBER: 09727327)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

9. RESERVES
Retained
earnings
£   

At 1 November 2022 339,146
Deficit for the year (6,220 )
Dividends (2,000 )
At 31 October 2023 330,926

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors, Mr R T Lister and Mrs I C Lister, charged the company £312 (2022 - £312) for use of home as office.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 (2022 - £4,000) were paid to the directors .

At 31 October 2023 there was a balance owing by the company to the directors, Mr R T Lister and Mrs I C Lister of £120,723 (2022 - £130,359).

This balance has been shown in Creditors.

Also included in Debtors is a balance of £432,000 (2022 - £432,000) due from ASH Country Homes Ltd. This company is 50% owned and controlled by Mr R Lister, director of Listers Building Contractors (Lincoln) Ltd.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, Mr R T Lister and Mrs I C Lister, who between them hold 100% of the issued share capital.