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Company Registration No. 10527048 (England and Wales)
LynnTherm Limited Unaudited accounts for the year ended 31 December 2024
LynnTherm Limited Unaudited accounts Contents
Page
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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
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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
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LynnTherm Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,036 
28,899 
Current assets
Debtors
51,185 
71,667 
Cash at bank and in hand
99,849 
97,740 
151,034 
169,407 
Creditors: amounts falling due within one year
(74,528)
(80,388)
Net current assets
76,506 
89,019 
Net assets
114,542 
117,918 
Capital and reserves
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
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LynnTherm Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15% WDV
Motor vehicles
25% WDV
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 
Additions
21,243 
- 
21,243 
Disposals
- 
(22,143)
(22,143)
At 31 December 2024
50,160 
11,682 
61,842 
Depreciation
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 
Net book value
At 31 December 2024
32,388 
5,648 
38,036 
At 31 December 2023
14,986 
13,913 
28,899 
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LynnTherm Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,185 
71,667 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,508 
- 
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 
74,528 
80,388 
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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