IRIS Accounts Production v24.3.2.46 08854977 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 8772 8772 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088549772023-01-31088549772024-01-31088549772023-02-012024-01-31088549772022-01-31088549772022-02-012023-01-31088549772023-01-3108854977ns15:EnglandWales2023-02-012024-01-3108854977ns14:PoundSterling2023-02-012024-01-3108854977ns10:Director12023-02-012024-01-3108854977ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108854977ns10:SmallEntities2023-02-012024-01-3108854977ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108854977ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108854977ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108854977ns10:FullAccounts2023-02-012024-01-3108854977ns10:OrdinaryShareClass12023-02-012024-01-3108854977ns10:OrdinaryShareClass22023-02-012024-01-3108854977ns10:Director2422023-02-012024-01-3108854977ns10:Director2422024-01-3108854977ns10:Director22023-02-012024-01-3108854977ns10:RegisteredOffice2023-02-012024-01-3108854977ns5:CurrentFinancialInstruments2024-01-3108854977ns5:CurrentFinancialInstruments2023-01-3108854977ns5:Non-currentFinancialInstruments2024-01-3108854977ns5:Non-currentFinancialInstruments2023-01-3108854977ns5:ShareCapital2024-01-3108854977ns5:ShareCapital2023-01-3108854977ns5:RetainedEarningsAccumulatedLosses2024-01-3108854977ns5:RetainedEarningsAccumulatedLosses2023-01-3108854977ns5:PlantMachinery2023-02-012024-01-3108854977ns5:PlantMachinery2023-01-3108854977ns5:PlantMachinery2024-01-3108854977ns5:PlantMachinery2023-01-3108854977ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3108854977ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3108854977ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-01-3108854977ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-01-3108854977ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-01-3108854977ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-01-3108854977ns10:OrdinaryShareClass12024-01-3108854977ns10:OrdinaryShareClass22024-01-31088549771ns10:Director12023-01-31088549771ns10:Director12022-01-31088549771ns10:Director12023-02-012024-01-31088549771ns10:Director12022-02-012023-01-31088549771ns10:Director12024-01-31088549771ns10:Director12023-01-31
REGISTERED NUMBER: 08854977 (England and Wales)















DUCK PONDS (LINCOLN) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






DUCK PONDS (LINCOLN) LIMITED (REGISTERED NUMBER: 08854977)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


DUCK PONDS (LINCOLN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: S B Willis
Mrs G C Willis





REGISTERED OFFICE: 14 London Road
Newark
Nottinghamshire
NG24 1TW





REGISTERED NUMBER: 08854977 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

DUCK PONDS (LINCOLN) LIMITED (REGISTERED NUMBER: 08854977)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,343 1,705

CURRENT ASSETS
Inventories 14,862 14,862
Debtors 5 9,030 10,566
Cash at bank 5,393 2,927
29,285 28,355
CREDITORS
Amounts falling due within one year 6 24,290 17,263
NET CURRENT ASSETS 4,995 11,092
TOTAL ASSETS LESS CURRENT LIABILITIES 6,338 12,797

CREDITORS
Amounts falling due after more than one year 7 (7,083 ) (12,083 )

PROVISIONS FOR LIABILITIES (174 ) (223 )
NET (LIABILITIES)/ASSETS (919 ) 491

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings (1,119 ) 291
SHAREHOLDERS' FUNDS (919 ) 491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 17 January 2025 and were signed on its behalf by:





S B Willis - Director


DUCK PONDS (LINCOLN) LIMITED (REGISTERED NUMBER: 08854977)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Duck Ponds (Lincoln) 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.

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.

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

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventories
Inventories are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 ) .

DUCK PONDS (LINCOLN) LIMITED (REGISTERED NUMBER: 08854977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 6,935
DEPRECIATION
At 1 February 2023 5,230
Charge for year 362
At 31 January 2024 5,592
NET BOOK VALUE
At 31 January 2024 1,343
At 31 January 2023 1,705

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 10
Other debtors 257 10,556
Directors' current accounts 8,773 -
9,030 10,566

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation - 4,119
Other creditors 7,608 3,472
Intercompany 9,000 -
Directors' current accounts - 372
Accrued expenses 2,682 4,300
24,290 17,263

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,000 5,000
Bank loans - 2-5 years 2,083 7,083
7,083 12,083

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
200 200

DUCK PONDS (LINCOLN) LIMITED (REGISTERED NUMBER: 08854977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
S B Willis and Mrs G C Willis
Balance outstanding at start of year - -
Amounts advanced 8,772 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,772 -