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REGISTERED NUMBER: 00682918 (England and Wales)















Unaudited Financial Statements

for the Year Ended

25 March 2024

for

Lynwood Farm Estates Limited

Lynwood Farm Estates Limited (Registered number: 00682918)

Contents of the Financial Statements
for the Year Ended 25 March 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Lynwood Farm Estates Limited

Company Information
for the Year Ended 25 March 2024







DIRECTORS: R B Palmer
C F J Jackson
G F Chapman
H B Chapman
A Smiley
K S Kenlock
R A H Kenlock





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP





REGISTERED NUMBER: 00682918 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Lynwood Farm Estates Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lynwood Farm Estates Limited for the year ended 25 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Lynwood Farm Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lynwood Farm Estates Limited and state those matters that we have agreed to state to the Board of Directors of Lynwood Farm Estates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lynwood Farm Estates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lynwood Farm Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lynwood Farm Estates Limited. You consider that Lynwood Farm Estates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lynwood Farm Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


11 November 2024

Lynwood Farm Estates Limited (Registered number: 00682918)

Balance Sheet
25 March 2024

25.3.24 25.3.23
Notes £    £   
CURRENT ASSETS
Stocks 10,471 10,471
Debtors 5 13 -
Cash at bank 55,009 2,974,648
65,493 2,985,119
CREDITORS
Amounts falling due within one year 6 11,785 484,790
NET CURRENT ASSETS 53,708 2,500,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,708

2,500,329

CAPITAL AND RESERVES
Called up share capital 8 8,400 8,400
Share premium 9 33,880 33,880
Retained earnings 9 11,428 2,458,049
SHAREHOLDERS' FUNDS 53,708 2,500,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 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.

Lynwood Farm Estates Limited (Registered number: 00682918)

Balance Sheet - continued
25 March 2024


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 11 November 2024 and were signed on its behalf by:




H B Chapman - Director



R B Palmer - Director


Lynwood Farm Estates Limited (Registered number: 00682918)

Notes to the Financial Statements
for the Year Ended 25 March 2024


1. STATUTORY INFORMATION

Lynwood Farm Estates 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 rental income, land sales, residential development sales and profit overages. Turnover is recognised when the rent is due and sale of land is completed.

Stocks
Stock of land is valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

Investments
Fixed asset investments are valued at cost less provisions for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 26 March 2023
and 25 March 2024 1,853
PROVISIONS
At 26 March 2023
and 25 March 2024 1,853
NET BOOK VALUE
At 25 March 2024 -
At 25 March 2023 -

Lynwood Farm Estates Limited (Registered number: 00682918)

Notes to the Financial Statements - continued
for the Year Ended 25 March 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.3.24 25.3.23
£    £   
Prepayments and accrued income 13 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.3.24 25.3.23
£    £   
Payments on account 6,000 6,000
Trade creditors 13 -
Corporation tax 792 472,850
Accruals and deferred income 4,980 5,940
11,785 484,790

7. SECURED DEBTS

In 2012 Wilson Bowden Developments Limited registered a legal charge over the land and buildings included within stock.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 25.3.24 25.3.23
value: £    £   
8,400 Ordinary £1 8,400 8,400

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 26 March 2023 2,458,049 33,880 2,491,929
Profit for the year 3,379 3,379
Dividends (2,450,000 ) (2,450,000 )
At 25 March 2024 11,428 33,880 45,308