LINCOLN BINNS LIMITED

Company Registration Number:
01904817 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

LINCOLN BINNS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

LINCOLN BINNS LIMITED

Company Information

for the Period Ended 30 June 2024




Director: J P L Binns
Martyn Buxton
Registered office: 14
The Droveway
Haywards Heath
West Sussex
RH16 1LL
Company Registration Number: 01904817 (England and Wales)

LINCOLN BINNS LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

The supply of boxes and mountings for electronic circuit boards

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
J P L Binns
Martyn Buxton

This report was approved by the board of directors on 30 September 2024
And Signed On Behalf Of The Board By:

Name: Martyn Buxton
Status: Director

LINCOLN BINNS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 79,519 16,509
Total fixed assets: 79,519 16,509
Current assets
Stocks: 193,359 167,440
Debtors: 219,656 205,656
Cash at bank and in hand: 97,315 99,804
Total current assets: 510,330 472,900
Creditors: amounts falling due within one year: ( 210,938 ) ( 148,068 )
Net current assets (liabilities): 299,392 324,832
Total assets less current liabilities: 378,911 341,341
Creditors: amounts falling due after more than one year: ( 87,644 ) ( 45,827 )
Provision for liabilities: ( 19,367 ) ( 2,890 )
Total net assets (liabilities): 271,900 292,624

The notes form part of these financial statements

LINCOLN BINNS LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 23,700 23,700
Profit and loss account: 248,200 268,924
Shareholders funds: 271,900 292,624

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2024
And Signed On Behalf Of The Board By:

Name: Martyn Buxton
Status: Director

The notes form part of these financial statements

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 11 11

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 264,221
Additions 89,516
Disposals -
Revaluations -
Transfers -
At 30 June 2024 353,737
Depreciation
At 01 July 2023 247,712
Charge for year 26,506
On disposals -
Other adjustments -
At 30 June 2024 274,218
Net book value
At 30 June 2024 79,519
At 30 June 2023 16,509