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REGISTERED NUMBER: 06091178 (England and Wales)






















Financial Statements

for the Year Ended 30 November 2023

for

LB Mablethorpe Limited

LB Mablethorpe Limited (Registered number: 06091178)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LB Mablethorpe Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: D C Chambers
H F F Kok
R A J Kok





SECRETARY: R A J Kok





REGISTERED OFFICE: Lindum Business Park
Station Road
North Hykeham
Lincoln
LN6 3QX





REGISTERED NUMBER: 06091178 (England and Wales)





AUDITORS: Wright Vigar Limited
Statutory Auditors
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

LB Mablethorpe Limited (Registered number: 06091178)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 2,382,625 811,167
Debtors 4 3,417 243,708
Cash at bank 22,966 579,466
2,409,008 1,634,341
CREDITORS
Amounts falling due within one year 5 1,707,404 933,011
NET CURRENT ASSETS 701,604 701,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

701,604

701,330

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 701,504 701,230
SHAREHOLDERS' FUNDS 701,604 701,330

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 2 August 2024 and were signed on its behalf by:





D C Chambers - Director


LB Mablethorpe Limited (Registered number: 06091178)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

LB Mablethorpe 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 development fee income and construction fees.

Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value. Cost includes all direct costs. Net realisable value is based on estimated market value including provisions for unrecoverable costs and allowing for costs to completion and likely disposal costs.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,417 -
Amounts owed by group undertakings - 243,408
Other debtors - 300
3,417 243,708

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,706,834 933,011
Other creditors 570 -
1,707,404 933,011

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary X £1 50 50
40 Ordinary Y £1 40 40
10 Ordinary Z £1 10 10
100 100

7. RESERVES
Retained
earnings
£   

At 1 December 2022 701,230
Profit for the year 274
At 30 November 2023 701,504

LB Mablethorpe Limited (Registered number: 06091178)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shaw FCA BSc (Hons) (Senior Statutory Auditor)
for and on behalf of Wright Vigar Limited

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. CONTROLLING PARTY

The company's parent undertaking is Lindum Group Limited. The registered office of the parent undertaking is Lindum Business Park, Station Road, North Hykeham, Lincoln, LN6 3QX.