Company Registration No. 10527048 (England and Wales)
LynnTherm Limited
Unaudited accounts
for the year ended 31 December 2024
LynnTherm Limited
Unaudited accounts
Contents
LynnTherm Limited
Company Information
for the year ended 31 December 2024
Directors
Mr Stephen William Smith
Aaron James Smith
Linda Smith
Wesley Jon Smith
Company Number
10527048 (England and Wales)
Registered Office
ORCHARD LODGE
HILL ROAD, MIDDLETON
KING'S LYNN
PE32 1RW
ENGLAND
Accountants
Azoth Digital Accountants
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
LynnTherm Limited
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
LynnTherm Limited for the year ended
31 December 2024 as set out on pages
5 -
7 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/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Azoth Digital Accountants
Chartered Certified Accountants
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
3 April 2025
LynnTherm Limited
Statement of financial position
as at 31 December 2024
Tangible assets
38,036
28,899
Cash at bank and in hand
99,849
97,740
Creditors: amounts falling due within one year
(74,528)
(80,388)
Net current assets
76,506
89,019
Net assets
114,542
117,918
Called up share capital
100
100
Profit and loss account
114,442
117,818
Shareholders' funds
114,542
117,918
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by
Mr Stephen William Smith
Director
Company Registration No. 10527048
LynnTherm Limited
Notes to the Accounts
for the year ended 31 December 2024
LynnTherm Limited is a private company, limited by shares, registered in England and Wales, registration number 10527048. The registered office is ORCHARD LODGE, HILL ROAD, MIDDLETON, KING'S LYNN, PE32 1RW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
28,917
33,825
62,742
Disposals
-
(22,143)
(22,143)
At 31 December 2024
50,160
11,682
61,842
At 1 January 2024
13,931
19,912
33,843
Charge for the year
3,841
2,814
6,655
On disposals
-
(16,692)
(16,692)
At 31 December 2024
17,772
6,034
23,806
At 31 December 2024
32,388
5,648
38,036
At 31 December 2023
14,986
13,913
28,899
LynnTherm Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
51,185
71,667
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
28,488
31,417
Taxes and social security
3,273
17,830
Other creditors
22,159
20,329
Loans from directors
8,100
10,812
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).