2022-11-012023-10-312023-10-31false09693549LINCOLN TAP PROPERTIES LTD2024-10-31iso4217:GBPxbrli:pure096935492022-11-01096935492023-10-31096935492022-11-012023-10-31096935492021-11-01096935492022-10-31096935492021-11-012022-10-3109693549bus:SmallEntities2022-11-012023-10-3109693549bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3109693549bus:FullAccounts2022-11-012023-10-3109693549bus:PrivateLimitedCompanyLtd2022-11-012023-10-3109693549core:WithinOneYear2023-10-3109693549core:AfterOneYear2023-10-3109693549core:WithinOneYear2022-10-3109693549core:AfterOneYear2022-10-3109693549core:ShareCapital2023-10-3109693549core:SharePremium2023-10-3109693549core:RevaluationReserve2023-10-3109693549core:OtherReservesSubtotal2023-10-3109693549core:RetainedEarningsAccumulatedLosses2023-10-3109693549core:ShareCapital2022-10-3109693549core:SharePremium2022-10-3109693549core:RevaluationReserve2022-10-3109693549core:OtherReservesSubtotal2022-10-3109693549core:RetainedEarningsAccumulatedLosses2022-10-3109693549core:LandBuildings2023-10-3109693549core:PlantMachinery2023-10-3109693549core:Vehicles2023-10-3109693549core:FurnitureFittings2023-10-3109693549core:OfficeEquipment2023-10-3109693549core:NetGoodwill2023-10-3109693549core:IntangibleAssetsOtherThanGoodwill2023-10-3109693549core:ListedExchangeTraded2023-10-3109693549core:UnlistedNon-exchangeTraded2023-10-3109693549core:LandBuildings2022-10-3109693549core:PlantMachinery2022-10-3109693549core:Vehicles2022-10-3109693549core:FurnitureFittings2022-10-3109693549core:OfficeEquipment2022-10-3109693549core:NetGoodwill2022-10-3109693549core:IntangibleAssetsOtherThanGoodwill2022-10-3109693549core:ListedExchangeTraded2022-10-3109693549core:UnlistedNon-exchangeTraded2022-10-3109693549core:LandBuildings2022-11-012023-10-3109693549core:PlantMachinery2022-11-012023-10-3109693549core:Vehicles2022-11-012023-10-3109693549core:FurnitureFittings2022-11-012023-10-3109693549core:OfficeEquipment2022-11-012023-10-3109693549core:NetGoodwill2022-11-012023-10-3109693549core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3109693549core:ListedExchangeTraded2022-11-012023-10-3109693549core:UnlistedNon-exchangeTraded2022-11-012023-10-3109693549core:MoreThanFiveYears2022-11-012023-10-3109693549core:Non-currentFinancialInstruments2023-10-3109693549core:Non-currentFinancialInstruments2022-10-3109693549dpl:CostSales2022-11-012023-10-3109693549dpl:DistributionCosts2022-11-012023-10-3109693549core:LandBuildings2022-11-012023-10-3109693549core:PlantMachinery2022-11-012023-10-3109693549core:Vehicles2022-11-012023-10-3109693549core:FurnitureFittings2022-11-012023-10-3109693549core:OfficeEquipment2022-11-012023-10-3109693549dpl:AdministrativeExpenses2022-11-012023-10-3109693549core:NetGoodwill2022-11-012023-10-3109693549core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3109693549dpl:GroupUndertakings2022-11-012023-10-3109693549dpl:ParticipatingInterests2022-11-012023-10-3109693549dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3109693549core:ListedExchangeTraded2022-11-012023-10-3109693549dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3109693549core:UnlistedNon-exchangeTraded2022-11-012023-10-3109693549dpl:CostSales2021-11-012022-10-3109693549dpl:DistributionCosts2021-11-012022-10-3109693549core:LandBuildings2021-11-012022-10-3109693549core:PlantMachinery2021-11-012022-10-3109693549core:Vehicles2021-11-012022-10-3109693549core:FurnitureFittings2021-11-012022-10-3109693549core:OfficeEquipment2021-11-012022-10-3109693549dpl:AdministrativeExpenses2021-11-012022-10-3109693549core:NetGoodwill2021-11-012022-10-3109693549core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3109693549dpl:GroupUndertakings2021-11-012022-10-3109693549dpl:ParticipatingInterests2021-11-012022-10-3109693549dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3109693549core:ListedExchangeTraded2021-11-012022-10-3109693549dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3109693549core:UnlistedNon-exchangeTraded2021-11-012022-10-3109693549core:NetGoodwill2023-10-3109693549core:IntangibleAssetsOtherThanGoodwill2023-10-3109693549core:LandBuildings2023-10-3109693549core:PlantMachinery2023-10-3109693549core:Vehicles2023-10-3109693549core:FurnitureFittings2023-10-3109693549core:OfficeEquipment2023-10-3109693549core:AfterOneYear2023-10-3109693549core:WithinOneYear2023-10-3109693549core:ListedExchangeTraded2023-10-3109693549core:UnlistedNon-exchangeTraded2023-10-3109693549core:ShareCapital2023-10-3109693549core:SharePremium2023-10-3109693549core:RevaluationReserve2023-10-3109693549core:OtherReservesSubtotal2023-10-3109693549core:RetainedEarningsAccumulatedLosses2023-10-3109693549core:NetGoodwill2022-10-3109693549core:IntangibleAssetsOtherThanGoodwill2022-10-3109693549core:LandBuildings2022-10-3109693549core:PlantMachinery2022-10-3109693549core:Vehicles2022-10-3109693549core:FurnitureFittings2022-10-3109693549core:OfficeEquipment2022-10-3109693549core:AfterOneYear2022-10-3109693549core:WithinOneYear2022-10-3109693549core:ListedExchange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LINCOLN TAP PROPERTIES LTD

Registered Number
09693549
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

LINCOLN TAP PROPERTIES LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Directors

DE-LA-HEY, Lewis Benjamin
DE-LA-HEY, Nigel Benjamin
MACKOWN, Terence Leslie

Registered Address

12 Mitchell Drive
Lincoln
LN1 1WD

Registered Number

09693549 (England and Wales)
LINCOLN TAP PROPERTIES LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3183,576184,196
Investments4(33,104)(27,126)
150,472157,070
Current assets
Debtors1,0981,786
Cash at bank and on hand813834
1,9112,620
Creditors amounts falling due within one year5(5,274)(4,156)
Net current assets (liabilities)(3,363)(1,536)
Total assets less current liabilities147,109155,534
Creditors amounts falling due after one year6(81,990)(82,400)
Net assets65,11973,134
Capital and reserves
Called up share capital6060
Profit and loss account65,05973,074
Shareholders' funds65,11973,134
The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2024, and are signed on its behalf by:
DE-LA-HEY, Lewis Benjamin
Director
DE-LA-HEY, Nigel Benjamin
Director

Registered Company No. 09693549
LINCOLN TAP PROPERTIES LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Fixtures and fittings25
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Fixtures & fittings

Total

£££
Cost or valuation
At 01 November 22181,7155,983187,698
At 31 October 23181,7155,983187,698
Depreciation and impairment
At 01 November 22-3,5023,502
Charge for year-620620
At 31 October 23-4,1224,122
Net book value
At 31 October 23181,7151,861183,576
At 31 October 22181,7152,481184,196
4.Fixed asset investments

Loans to groups1

Total

££
Cost or valuation
At 01 November 22(27,126)(27,126)
Disposals(5,978)(5,978)
At 31 October 23(33,104)(33,104)
Net book value
At 31 October 23(33,104)(33,104)
At 31 October 22(27,126)(27,126)

Notes

1Loans to group undertakings and participating interests
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables12-
Bank borrowings and overdrafts1,9001,900
Taxation and social security-1,344
Other creditors1,744-
Accrued liabilities and deferred income1,618912
Total5,2744,156
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts81,99082,400
Total81,99082,400