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REGISTERED NUMBER: 13931530 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

LINDS PROPERTIES LTD

LINDS PROPERTIES LTD (REGISTERED NUMBER: 13931530)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LINDS PROPERTIES LTD

COMPANY INFORMATION
For The Year Ended 29 February 2024







DIRECTORS: J.L. Davies
Ms L.A Davies





REGISTERED OFFICE: West Bush House
Hailey Lane
Hailey
Hertford
Hertfordshire
SG13 7NY





REGISTERED NUMBER: 13931530 (England and Wales)






LINDS PROPERTIES LTD (REGISTERED NUMBER: 13931530)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 189,668 56,940

CURRENT ASSETS
Debtors 5 136 493
Cash in hand 4,890 4,462
5,026 4,955
CREDITORS
Amounts falling due within one year 6 197,377 59,999
NET CURRENT LIABILITIES (192,351 ) (55,044 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,683

)

1,896

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,783 ) 1,796
(2,683 ) 1,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 14 November 2024 and were signed on its behalf by:




J.L. Davies - Director


LINDS PROPERTIES LTD (REGISTERED NUMBER: 13931530)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024


1. STATUTORY INFORMATION

Linds Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LINDS PROPERTIES LTD (REGISTERED NUMBER: 13931530)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 February 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 56,940
Additions 132,728
At 29 February 2024 189,668
NET BOOK VALUE
At 29 February 2024 189,668
At 28 February 2023 56,940

Investment property comprises freehold property. The directors have concluded that there is no material difference between the open market value at the year end and the original cost of £189,668.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 136 493

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 421
Other creditors 197,377 59,578
197,377 59,999