2023-04-012024-03-312024-03-31false11063579AC Joinery Lincs Limited2024-12-2041100falseiso4217:GBPxbrli:pure110635792023-04-01110635792024-03-31110635792023-04-012024-03-31110635792022-04-01110635792023-03-31110635792022-04-012023-03-3111063579bus:SmallEntities2023-04-012024-03-3111063579bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111063579bus:AbridgedAccounts2023-04-012024-03-3111063579bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111063579core:WithinOneYear2024-03-3111063579core:AfterOneYear2024-03-3111063579core:WithinOneYear2023-03-3111063579core:AfterOneYear2023-03-3111063579core:ShareCapital2024-03-3111063579core:SharePremium2024-03-3111063579core:RevaluationReserve2024-03-3111063579core:OtherReservesSubtotal2024-03-3111063579core:RetainedEarningsAccumulatedLosses2024-03-3111063579core:ShareCapital2023-03-3111063579core:SharePremium2023-03-3111063579core:RevaluationReserve2023-03-3111063579core:OtherReservesSubtotal2023-03-3111063579core:RetainedEarningsAccumulatedLosses2023-03-3111063579core:LandBuildings2024-03-3111063579core:PlantMachinery2024-03-3111063579core:Vehicles2024-03-3111063579core:FurnitureFittings2024-03-3111063579core:OfficeEquipment2024-03-3111063579core:NetGoodwill2024-03-3111063579core:IntangibleAssetsOtherThanGoodwill2024-03-3111063579core:ListedExchangeTraded2024-03-3111063579core:UnlistedNon-exchangeTraded2024-03-3111063579core:LandBuildings2023-03-3111063579core:PlantMachinery2023-03-3111063579core:Vehicles2023-03-3111063579core:FurnitureFittings2023-03-3111063579core:OfficeEquipment2023-03-3111063579core:NetGoodwill2023-03-3111063579core:IntangibleAssetsOtherThanGoodwill2023-03-3111063579core:ListedExchangeTraded2023-03-3111063579core:UnlistedNon-exchangeTraded2023-03-3111063579core:LandBuildings2023-04-012024-03-3111063579core:PlantMachinery2023-04-012024-03-3111063579core:Vehicles2023-04-012024-03-3111063579core:FurnitureFittings2023-04-012024-03-3111063579core:OfficeEquipment2023-04-012024-03-3111063579core:NetGoodwill2023-04-012024-03-3111063579core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111063579core:ListedExchangeTraded2023-04-012024-03-3111063579core:UnlistedNon-exchangeTraded2023-04-012024-03-3111063579core:MoreThanFiveYears2023-04-012024-03-3111063579core:Non-currentFinancialInstruments2024-03-3111063579core:Non-currentFinancialInstruments2023-03-3111063579dpl:CostSales2023-04-012024-03-3111063579dpl:DistributionCosts2023-04-012024-03-3111063579core:LandBuildings2023-04-012024-03-3111063579core:PlantMachinery2023-04-012024-03-3111063579core:Vehicles2023-04-012024-03-3111063579core:FurnitureFittings2023-04-012024-03-3111063579core:OfficeEquipment2023-04-012024-03-3111063579dpl:AdministrativeExpenses2023-04-012024-03-3111063579core:NetGoodwill2023-04-012024-03-3111063579core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111063579dpl:GroupUndertakings2023-04-012024-03-3111063579dpl:ParticipatingInterests2023-04-012024-03-3111063579dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111063579core:ListedExchangeTraded2023-04-012024-03-3111063579dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111063579core:UnlistedNon-exchangeTraded2023-04-012024-03-3111063579dpl:CostSales2022-04-012023-03-3111063579dpl:DistributionCosts2022-04-012023-03-3111063579core:LandBuildings2022-04-012023-03-3111063579core:PlantMachinery2022-04-012023-03-3111063579core:Vehicles2022-04-012023-03-3111063579core:FurnitureFittings2022-04-012023-03-3111063579core:OfficeEquipment2022-04-012023-03-3111063579dpl:AdministrativeExpenses2022-04-012023-03-3111063579core:NetGoodwill2022-04-012023-03-3111063579core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111063579dpl:GroupUndertakings2022-04-012023-03-3111063579dpl:ParticipatingInterests2022-04-012023-03-3111063579dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111063579core:ListedExchangeTraded2022-04-012023-03-3111063579dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111063579core:UnlistedNon-exchangeTraded2022-04-012023-03-3111063579core:NetGoodwill2024-03-3111063579core:IntangibleAssetsOtherThanGoodwill2024-03-3111063579core:LandBuildings2024-03-3111063579core:PlantMachinery2024-03-3111063579core:Vehicles2024-03-3111063579core:FurnitureFittings2024-03-3111063579core:OfficeEquipment2024-03-3111063579core:AfterOneYear2024-03-3111063579core:WithinOneYear2024-03-3111063579core:ListedExchangeTraded2024-03-3111063579core:UnlistedNon-exchangeTraded2024-03-3111063579core:ShareCapital2024-03-3111063579core:SharePremium2024-03-3111063579core:RevaluationReserve2024-03-3111063579core:OtherReservesSubtotal2024-03-3111063579core:RetainedEarningsAccumulatedLosses2024-03-3111063579core:NetGoodwill2023-03-3111063579core:IntangibleAssetsOtherThanGoodwill2023-03-3111063579core:LandBuildings2023-03-3111063579core:PlantMachinery2023-03-3111063579core:Vehicles2023-03-3111063579core:FurnitureFittings2023-03-3111063579core:OfficeEquipment2023-03-3111063579core:AfterOneYear2023-03-3111063579core:WithinOneYear2023-03-3111063579core:ListedExchangeTraded2023-03-3111063579core:UnlistedNon-exchangeTraded2023-03-3111063579core:ShareCapital2023-03-3111063579core:SharePremium2023-03-3111063579core:RevaluationReserve2023-03-3111063579core:OtherReservesSubtotal2023-03-3111063579core:RetainedEarningsAccumulatedLosses2023-03-3111063579core:NetGoodwill2022-04-0111063579core:IntangibleAssetsOtherThanGoodwill2022-04-0111063579core:LandBuildings2022-04-0111063579core:PlantMachinery2022-04-0111063579core:Vehicles2022-04-0111063579core:FurnitureFittings2022-04-0111063579core:OfficeEquipment2022-04-0111063579core:AfterOneYear2022-04-0111063579core:WithinOneYear2022-04-0111063579core:ListedExchangeTraded2022-04-0111063579core:UnlistedNon-exchangeTraded2022-04-0111063579core:ShareCapital2022-04-0111063579core:SharePremium2022-04-0111063579core:RevaluationReserve2022-04-0111063579core:OtherReservesSubtotal2022-04-0111063579core:RetainedEarningsAccumulatedLosses2022-04-0111063579core:AfterOneYear2023-04-012024-03-3111063579core:WithinOneYear2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111063579core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3111063579core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3111063579core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3111063579core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3111063579core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3111063579bus:Director12023-04-012024-03-31

AC Joinery Lincs Limited

Registered Number
11063579
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

AC Joinery Lincs Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Clarkson, Anthony Liam

Registered Address

41a High Street
Skellingthorpe
Lincoln
LN6 5TS

Registered Number

11063579 (England and Wales)
AC Joinery Lincs Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3-2,825
Tangible assets482,85546,236
82,85549,061
Current assets
Debtors32,34119,152
Cash at bank and on hand37,23082,325
69,571101,477
Creditors amounts falling due within one year(45,674)(60,553)
Net current assets (liabilities)23,89740,924
Total assets less current liabilities106,75289,985
Creditors amounts falling due after one year(54,129)(47,506)
Net assets52,62342,479
Capital and reserves
Called up share capital1010
Profit and loss account52,61342,469
Shareholders' funds52,62342,479
The financial statements were approved and authorised for issue by the Director on 20 December 2024, and are signed on its behalf by:
Clarkson, Anthony Liam
Director
Registered Company No. 11063579
AC Joinery Lincs Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of 4 years. Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20242023
Average number of employees during the year33
3.Intangible assets

Total

£
Cost or valuation
At 01 April 2311,300
At 31 March 2411,300
Amortisation and impairment
At 01 April 238,475
Charge for year2,825
At 31 March 2411,300
Net book value
At 31 March 24-
At 31 March 232,825
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 2367,455
Additions50,534
At 31 March 24117,989
Depreciation and impairment
At 01 April 2321,219
Charge for year13,915
At 31 March 2435,134
Net book value
At 31 March 2482,855
At 31 March 2346,236
5.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts18,16325,839
6.Related party transactions
As at 31st March 2021 the directors loan account was overdrawn by £7,951 (2021 £48,516).