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REGISTERED NUMBER: 04886635 (England and Wales)















LYNX TECHNIK (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






LYNX TECHNIK (UK) LIMITED (REGISTERED NUMBER: 04886635)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

LYNX TECHNIK (UK) LIMITED

COMPANY INFORMATION
for the year ended 30 June 2024







Director: C S Haydon





Secretary: C S Haydon





Registered office: 2 Station Road
Hook
RG27 9HD





Registered number: 04886635 (England and Wales)





Accountants: JPS Accountancy Limited
Chartered Accountants
Thorncroft Manor
Thorncroft Drive
Leatherhead
Surrey
KT22 8JB

LYNX TECHNIK (UK) LIMITED (REGISTERED NUMBER: 04886635)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 627,391 624,866
Investments 5 22,258 22,258
649,649 647,124

CURRENT ASSETS
Stocks 208,004 124,560
Debtors 6 430,741 474,506
Cash at bank 191,374 146,357
830,119 745,423
CREDITORS
Amounts falling due within one year 7 (456,519 ) (440,218 )
NET CURRENT ASSETS 373,600 305,205
TOTAL ASSETS LESS CURRENT LIABILITIES 1,023,249 952,329

CREDITORS
Amounts falling due after more than one
year

8

(317,848

)

(330,467

)
NET ASSETS 705,401 621,862

CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Retained earnings 699,401 615,862
705,401 621,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

LYNX TECHNIK (UK) LIMITED (REGISTERED NUMBER: 04886635)

BALANCE SHEET - continued
30 June 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





C S Haydon - Director


LYNX TECHNIK (UK) LIMITED (REGISTERED NUMBER: 04886635)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024


1. STATUTORY INFORMATION

Lynx Technik (UK) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention unless otherwise stated below.

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
Tangible fixed assets including freehold property are stated at their historic cost price less accumulated depreciation. No depreciation has been provided on the freehold property on the basis that the director considers that it would be immaterial.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment etc - 25% on cost

Stocks
Stocks are measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial instruments are classified by the directors as basic or advanced, following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest rate method. The company has no advanced financial instruments.

Taxation
Taxation for the year comprises current and deferred tax. 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
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 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.

LYNX TECHNIK (UK) LIMITED (REGISTERED NUMBER: 04886635)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Freehold Office
property equipment Totals
£    £    £   
Cost
At 1 July 2023 622,137 10,279 632,416
Additions - 4,774 4,774
At 30 June 2024 622,137 15,053 637,190
Depreciation
At 1 July 2023 - 7,550 7,550
Charge for year - 2,249 2,249
At 30 June 2024 - 9,799 9,799
Net book value
At 30 June 2024 622,137 5,254 627,391
At 30 June 2023 622,137 2,729 624,866

5. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost
At 1 July 2023
and 30 June 2024 22,258
Net book value
At 30 June 2024 22,258
At 30 June 2023 22,258

LYNX TECHNIK (UK) LIMITED (REGISTERED NUMBER: 04886635)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 413,211 449,898
Other debtors 17,530 24,608
430,741 474,506

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 243,925 218,115
Taxation and social security 106,077 115,878
Other creditors 96,517 96,225
456,519 440,218

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 317,848 330,467

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 267,381 280,000

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 8,062

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 327,848 340,467

The bank loan is secured by a fixed and floating charge over the assets of the company.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LYNX TECHNIK (UK) LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lynx Technik (UK) Limited for the year ended 30 June 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lynx Technik (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lynx Technik (UK) Limited and state those matters that we have agreed to state to the director of Lynx Technik (UK) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lynx Technik (UK) Limited and its director for our work or for this report.

It is your duty to ensure that Lynx Technik (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lynx Technik (UK) Limited. You consider that Lynx Technik (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lynx Technik (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






JPS Accountancy Limited
Chartered Accountants
Thorncroft Manor
Thorncroft Drive
Leatherhead
Surrey
KT22 8JB


24 March 2025