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Company Registration No. 13172876 (England and Wales)
Lincolnshire Coast Properties Ltd Unaudited accounts for the year ended 29 February 2024
Lincolnshire Coast Properties Ltd Unaudited accounts Contents
Page
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Lincolnshire Coast Properties Ltd Company Information for the year ended 29 February 2024
Directors
Rebecca Oxborough Dale Oxborough
Company Number
13172876 (England and Wales)
Registered Office
32 ASHWOOD DRIVE HUMBERSTON GRIMSBY DN36 4TX ENGLAND
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Lincolnshire Coast Properties Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
350,081 
350,081 
Current assets
Debtors
- 
573 
Cash at bank and in hand
3,785 
689 
3,785 
1,262 
Creditors: amounts falling due within one year
(1,196)
- 
Net current assets
2,589 
1,262 
Total assets less current liabilities
352,670 
351,343 
Creditors: amounts falling due after more than one year
(347,829)
(348,958)
Net assets
4,841 
2,385 
Capital and reserves
Profit and loss account
4,841 
2,385 
Shareholders' funds
4,841 
2,385 
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
Rebecca Oxborough Director Company Registration No. 13172876
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Lincolnshire Coast Properties Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Lincolnshire Coast Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13172876. The registered office is 32 ASHWOOD DRIVE, HUMBERSTON, GRIMSBY, DN36 4TX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
3.63%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
350,081 
At 29 February 2024
350,081 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
350,081 
At 28 February 2023
350,081 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
- 
273 
Other debtors
- 
300 
- 
573 
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Lincolnshire Coast Properties Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
576 
- 
Other creditors
620 
- 
1,196 
- 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
263,700 
263,700 
Other creditors
1,300 
300 
Loans from directors
82,829 
84,958 
347,829 
348,958 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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