Lyncroft Advisory Practice Limited 09323306 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is providing independent financial advice. Digita Accounts Production Advanced 6.30.9574.0 true 09323306 2024-04-01 2025-03-31 09323306 2025-03-31 09323306 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09323306 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 09323306 bus:Micro-entities 2024-04-01 2025-03-31 09323306 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09323306 bus:FilletedAccounts 2024-04-01 2025-03-31 09323306 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09323306 bus:RegisteredOffice 2024-04-01 2025-03-31 09323306 bus:Director2 2024-04-01 2025-03-31 09323306 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09323306 bus:Agent1 2024-04-01 2025-03-31 09323306 countries:EnglandWales 2024-04-01 2025-03-31 09323306 2023-04-01 2024-03-31 09323306 2024-03-31 09323306 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09323306 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 09323306

Lyncroft Advisory Practice Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Lyncroft Advisory Practice Limited

Contents

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4

 

Lyncroft Advisory Practice Limited

Company Information

Director

K Ennis

Registered office

Unitec House
Albert Place
London
N3 1QB

Accountants

Innovi Advisors Ltd
Chartered Certified Accountants163 Herne Hill
London
SE24 9LR

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Lyncroft Advisory Practice Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lyncroft Advisory Practice Limited for the year ended 31 March 2025 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Lyncroft Advisory Practice Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Lyncroft Advisory Practice Limited and state those matters that we have agreed to state to the Board of Directors of Lyncroft Advisory Practice Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lyncroft Advisory Practice Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Lyncroft Advisory Practice Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lyncroft Advisory Practice Limited. You consider that Lyncroft Advisory Practice 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 accounts of Lyncroft Advisory Practice 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 accounts.

......................................

Innovi Advisors Ltd
Chartered Certified Accountants
163 Herne Hill
London
SE24 9LR

28 April 2025

 

Lyncroft Advisory Practice Limited

(Registration number: 09323306)
Statement of Financial Position as at 31 March 2025

2025
£

2024
£

Fixed assets

1,261

1,682

Current assets

171,564

179,615

Creditors: Amounts falling due within one year

(114,415)

(150,468)

Net current assets

57,149

29,147

Total assets less current liabilities

58,410

30,829

Creditors: Amounts falling due after more than one year

(22,746)

(28,098)

Accruals and deferred income

(2,154)

(2,154)

 

33,510

577

Capital and reserves

33,510

577

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 28 April 2025
 

K Ennis
Director

   
     
 

Lyncroft Advisory Practice Limited

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unitec House
Albert Place
London
N3 1QB

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).