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REGISTERED NUMBER: 04844762 (England and Wales)















LYNCRAFT MARKETING & EXHIBITIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






LYNCRAFT MARKETING & EXHIBITIONS LIMITED (REGISTERED NUMBER: 04844762)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LYNCRAFT MARKETING & EXHIBITIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 JULY 2024







DIRECTORS: Mrs L Milford
Mr K M Milford





REGISTERED OFFICE: College House
4 St Leonards Close
Bridgnorth
Shropshire
WV16 4EJ





REGISTERED NUMBER: 04844762 (England and Wales)





ACCOUNTANTS: Wallace Crooke Walsall Limited
Chartered Accountants
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT

LYNCRAFT MARKETING & EXHIBITIONS LIMITED (REGISTERED NUMBER: 04844762)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 62,032 74,026

CURRENT ASSETS
Stocks 500 2,500
Debtors 5 63,630 63,607
Cash at bank and in hand 196,950 141,909
261,080 208,016
CREDITORS
Amounts falling due within one year 6 156,617 149,552
NET CURRENT ASSETS 104,463 58,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,495

132,490

CREDITORS
Amounts falling due after more than one
year

7

(30,417

)

(35,417

)

PROVISIONS FOR LIABILITIES 9 (11,786 ) (14,065 )
NET ASSETS 124,292 83,008

CAPITAL AND RESERVES
Called up share capital 10 101 101
Retained earnings 124,191 82,907
SHAREHOLDERS' FUNDS 124,292 83,008

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 directors acknowledge their 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.

LYNCRAFT MARKETING & EXHIBITIONS LIMITED (REGISTERED NUMBER: 04844762)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by:




Mr K M Milford - Director



Mrs L Milford - Director


LYNCRAFT MARKETING & EXHIBITIONS LIMITED (REGISTERED NUMBER: 04844762)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JULY 2024

1. STATUTORY INFORMATION

Lyncraft Marketing & Exhibitions 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.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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 - 15% on reducing balance
Fixtures, fittings & equipment - 15% on reducing balance
Motor vehicles - 25% reducing balance
Exhibition equipment - 15% on reducing balance

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 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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LYNCRAFT MARKETING & EXHIBITIONS LIMITED (REGISTERED NUMBER: 04844762)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JULY 2024

2. ACCOUNTING POLICIES - continued

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 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
Plant and fittings Motor Exhibition
machinery & equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023
and 31 July 2024 104,112 22,395 33,535 6,943 166,985
DEPRECIATION
At 1 August 2023 41,717 20,232 24,636 6,374 92,959
Charge for year 9,359 325 2,225 85 11,994
At 31 July 2024 51,076 20,557 26,861 6,459 104,953
NET BOOK VALUE
At 31 July 2024 53,036 1,838 6,674 484 62,032
At 31 July 2023 62,395 2,163 8,899 569 74,026

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,643 61,559
Other debtors 4,987 2,048
63,630 63,607

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 5,000 5,000
Trade creditors 14,445 -
Taxation and social security 15,970 9,653
Other creditors 121,202 134,899
156,617 149,552

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 30,417 35,417

LYNCRAFT MARKETING & EXHIBITIONS LIMITED (REGISTERED NUMBER: 04844762)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,417 15,965

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,000 5,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,000 5,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 15,000 14,452

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,417 15,965

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 11,786 14,065

Deferred
tax
£   
Balance at 1 August 2023 14,065
Provided during year (2,279 )
Balance at 31 July 2024 11,786

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
1 Ordinary B £1 1 1
101 101