REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024 |
FOR |
LYNDCO HOLDINGS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024 |
FOR |
LYNDCO HOLDINGS LTD |
LYNDCO HOLDINGS LTD (REGISTERED NUMBER: 13991334) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024 |
Page |
Balance sheet | 1 |
Notes to the financial statements | 2 |
LYNDCO HOLDINGS LTD (REGISTERED NUMBER: 13991334) |
BALANCE SHEET |
31 AUGUST 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Cash at bank and in hand |
Creditors |
Amounts falling due within one year | 5 |
Net current (liabilities)/assets | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 6 |
Retained earnings |
The director acknowledges his 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 were approved by the director and authorised for issue on |
LYNDCO HOLDINGS LTD (REGISTERED NUMBER: 13991334) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024 |
1. | Statutory information |
Lyndco Holdings Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 13991334. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 29 Lindford Road, Salisbuy, Wiltshire, SP1 3WX. |
2. | Accounting policies |
Basis of preparing the financial statements |
Taxation |
Taxation for the period 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 balance sheet date. |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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. |
Financial instruments |
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
Change in accounting period |
On 7 October 2024, the company changed its accounting period end to 31 August, in line with the trading company it has invested in. |
3. | Employees and directors |
The average number of employees during the period was |
LYNDCO HOLDINGS LTD (REGISTERED NUMBER: 13991334) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024 |
4. | Fixed asset investments |
Other |
investments |
£ |
Cost |
Additions |
At 31 August 2024 |
Net book value |
At 31 August 2024 |
5. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other creditors |
Directors' current accounts | 84 | - |
Accruals and deferred income |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
NIL | Ordinary | £1 | - | 200 |
102 | Ordinary "A" | £1 | 102 | - |
48 | Ordinary "B" | £1 | 48 | - |
25 | Ordinary "C" | £1 | 25 | - |
25 | Ordinary "D" | £1 | 25 | - |
200 | 200 |
On 18 April 2024, 200 Ordinary shares of £1 were reclassified into 102 Ordinary "A" shares of £1, 48 Ordinary "B" shares of £1, 25 Ordinary "C" shares of £1 and 25 Ordinary "D" shares of £1. |
7. | Ultimate controlling party |
The company is under the control of the Director (and spouse), by virtue of their combined 75% majority holding of the issued voting share capital of the Company. |