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REGISTERED NUMBER: 06736306 (England and Wales)















Unaudited Financial Statements

For The Year Ended 31 March 2024

for

LINCOLN HOUSE FREEHOLD LIMITED

LINCOLN HOUSE FREEHOLD LIMITED (REGISTERED NUMBER: 06736306)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LINCOLN HOUSE FREEHOLD LIMITED

Company Information
For The Year Ended 31 March 2024







DIRECTORS: S Bhimji
M A C Gill
J H Lorimer





SECRETARY: Broadway Secretaries Limited





REGISTERED OFFICE: One, Bartholomew Close
London
United Kingdom
EC1A 7BL





REGISTERED NUMBER: 06736306 (England and Wales)





ACCOUNTANTS: LBCo Ltd
T/A Lees-Buckley & Co
16 Northfields Prospect
Putney Bridge Road
London
SW18 1PE

LINCOLN HOUSE FREEHOLD LIMITED (REGISTERED NUMBER: 06736306)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 47 47

CURRENT ASSETS
Debtors 5 28,664 27,521

CREDITORS
Amounts falling due within one year 6 3,300 2,379
NET CURRENT ASSETS 25,364 25,142
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,411

25,189

CAPITAL AND RESERVES
Called up share capital 47 47
Retained earnings 25,364 25,142
25,411 25,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 25 July 2024 and were signed on its behalf by:





J H Lorimer - Director


LINCOLN HOUSE FREEHOLD LIMITED (REGISTERED NUMBER: 06736306)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lincoln House Freehold 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 levy invoiced to the lessees and porters flat rent receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 47
NET BOOK VALUE
At 31 March 2024 47
At 31 March 2023 47

The company owns the freehold of Lincoln House, Basil Street, London SW 3, subject to long leases granted to the members of the company.

In the opinion of the directors at 31st March 2024 there was no material difference between the book and the fair value of the property.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Funds held by managing agent 26,416 17,195
Other debtors 2,203 10,287
Prepayments and accrued income 45 39
28,664 27,521

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 613 1,129
Accrued expenses 2,687 1,250
3,300 2,379

LINCOLN HOUSE FREEHOLD LIMITED (REGISTERED NUMBER: 06736306)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

7. RELATED PARTY DISCLOSURES

J H Lorimer and M A C Gill are also directors of Lincoln House (Basil Street) Limited the company responsible for managing the freehold.

Other debtors includes £2,203 (2023 £10,287) due from Lincoln House (Basil Street) Limited.

8. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no controlling party.