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REGISTERED NUMBER: 09671344 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

LINCHPIN COMMERCIAL LIMITED

LINCHPIN COMMERCIAL LIMITED (REGISTERED NUMBER: 09671344)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LINCHPIN COMMERCIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mr L S Hawkins





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 09671344 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

LINCHPIN COMMERCIAL LIMITED (REGISTERED NUMBER: 09671344)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 123,987 66,841

CURRENT ASSETS
Stocks 5 32,456 34,164
Debtors 6 57,278 5,124
Cash at bank 473,632 268,045
563,366 307,333
CREDITORS
Amounts falling due within one year 7 475,687 284,246
NET CURRENT ASSETS 87,679 23,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,666

89,928

CREDITORS
Amounts falling due after more than one
year

8

(38,887

)

(22,037

)

PROVISIONS FOR LIABILITIES 9 (30,997 ) (12,700 )
NET ASSETS 141,782 55,191

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 141,682 55,091
SHAREHOLDERS' FUNDS 141,782 55,191

LINCHPIN COMMERCIAL LIMITED (REGISTERED NUMBER: 09671344)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2025 and were signed by:





Mr L S Hawkins - Director


LINCHPIN COMMERCIAL LIMITED (REGISTERED NUMBER: 09671344)

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


1. STATUTORY INFORMATION

Linchpin Commercial 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.

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.

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, 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 Statement of Income and Retained Earnings, 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 ) .

LINCHPIN COMMERCIAL LIMITED (REGISTERED NUMBER: 09671344)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 August 2023 25,786 2,247 71,424 14,532 113,989
Additions 38,400 251 41,000 4,305 83,956
Reclassification/transfer - (709 ) - - (709 )
At 31 July 2024 64,186 1,789 112,424 18,837 197,236
Depreciation
At 1 August 2023 9,863 889 25,031 11,365 47,148
Charge for year 4,138 96 18,450 3,417 26,101
At 31 July 2024 14,001 985 43,481 14,782 73,249
Net book value
At 31 July 2024 50,185 804 68,943 4,055 123,987
At 31 July 2023 15,923 1,358 46,393 3,167 66,841

5. STOCKS
2024 2023
£    £   
Stocks 32,456 34,164

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,511 1,730
Other debtors 14,767 3,394
57,278 5,124

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,400 2,400
Hire purchase contracts 17,286 12,013
Trade creditors 51,698 12,275
Taxation and social security 38,416 17,443
Other creditors 365,887 240,115
475,687 284,246

LINCHPIN COMMERCIAL LIMITED (REGISTERED NUMBER: 09671344)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,950 4,350
Hire purchase contracts 36,937 17,687
38,887 22,037

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 30,997 12,700

Deferred
tax
£   
Balance at 1 August 2023 12,700
Provided during year 18,297
Balance at 31 July 2024 30,997

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
80 Ordinary shares £1 80 80
20 Ordinary A Shares £1 20 20
100 100