Company Registration No. 10592254 (England and Wales)
Lincs-Groundworks Ltd
Unaudited accounts
for the year ended 31 January 2024
Lincs-Groundworks Ltd
Unaudited accounts
Contents
Lincs-Groundworks Ltd
Company Information
for the year ended 31 January 2024
Director
Marc Alexander Strickson
Company Number
10592254 (England and Wales)
Registered Office
The Cot
Newark Road
Swinderby
Lincoln
Lincolnshire
LN6 9HN
England
Accountants
Turkhud and Co
LN12 Armstrong House
First Avenue
Doncaster Finningley Airport
Doncaster
South Yorkshire
DN9 3GA
Lincs-Groundworks Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
162,406
187,748
Cash at bank and in hand
191,117
264,372
Creditors: amounts falling due within one year
(11,599)
(83,814)
Net current assets
240,249
247,335
Total assets less current liabilities
402,655
435,083
Creditors: amounts falling due after more than one year
(22,529)
(26,279)
Net assets
380,126
408,804
Called up share capital
1
1
Profit and loss account
380,125
408,803
Shareholders' funds
380,126
408,804
For the year ending 31 January 2024 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 31 October 2024 and were signed on its behalf by
Marc Alexander Strickson
Director
Company Registration No. 10592254
Lincs-Groundworks Ltd
Notes to the Accounts
for the year ended 31 January 2024
Lincs-Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 10592254. The registered office is The Cot, Newark Road, Swinderby, Lincoln, Lincolnshire, LN6 9HN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
At 1 February 2023
276,877
At 31 January 2024
305,669
Charge for the year
54,134
At 31 January 2024
143,263
At 31 January 2024
162,406
At 31 January 2023
187,748
Amounts falling due within one year
Trade debtors
25,034
47,478
Other debtors
35,697
19,299
Lincs-Groundworks Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,151
11,113
Taxes and social security
1,448
72,701
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).