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
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
Lincolnshire Coast Properties Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
350,081
350,081
Cash at bank and in hand
3,785
689
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)
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
Lincolnshire Coast Properties Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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
Land & buildings
At 29 February 2024
350,081
At 29 February 2024
350,081
At 28 February 2023
350,081
Amounts falling due after more than one year
Accrued income and prepayments
-
273
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
-
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
263,700
263,700
Loans from directors
82,829
84,958
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).