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REGISTERED NUMBER: 04815143 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Lincolnshire Block Pavers Limited

Lincolnshire Block Pavers Limited (Registered number: 04815143)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lincolnshire Block Pavers Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A L Sullivan
M D E Sullivan





REGISTERED OFFICE: LBP House
Exchange Road
Lincoln
LN6 3JZ





REGISTERED NUMBER: 04815143 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Lincolnshire Block Pavers Limited (Registered number: 04815143)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 697,113 724,891

CURRENT ASSETS
Debtors 5 1,519,655 764,373
Cash at bank and in hand 242,566 442,081
1,762,221 1,206,454
CREDITORS
Amounts falling due within one year 6 1,364,206 1,104,449
NET CURRENT ASSETS 398,015 102,005
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,095,128

826,896

CREDITORS
Amounts falling due after more than one
year

7

(172,618

)

(96,702

)

PROVISIONS FOR LIABILITIES (171,850 ) (179,626 )
NET ASSETS 750,660 550,568

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 750,560 550,468
SHAREHOLDERS' FUNDS 750,660 550,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 28 May 2025 and were signed on its behalf by:



A L Sullivan - Director



M D E Sullivan - Director


Lincolnshire Block Pavers Limited (Registered number: 04815143)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Lincolnshire Block Pavers 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.

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


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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

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.

Lincolnshire Block Pavers Limited (Registered number: 04815143)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

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.

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.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2023 1,540,150 286,570 1,826,720
Additions 202,104 108,760 310,864
Disposals (305,059 ) (62,122 ) (367,181 )
At 31 August 2024 1,437,195 333,208 1,770,403
DEPRECIATION
At 1 September 2023 941,024 160,805 1,101,829
Charge for year 105,782 44,433 150,215
Eliminated on disposal (125,479 ) (53,275 ) (178,754 )
At 31 August 2024 921,327 151,963 1,073,290
NET BOOK VALUE
At 31 August 2024 515,868 181,245 697,113
At 31 August 2023 599,126 125,765 724,891

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 414,094 496,659
Amounts owed by group undertakings 920,000 42,000
Amounts recoverable on contracts - 108,725
Other debtors 185,561 116,989
1,519,655 764,373

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 156,892 81,735
Trade creditors 957,383 429,814
Amounts owed to group undertakings 40,369 6,670
Taxation and social security 118,540 181,784
Other creditors 91,022 404,446
1,364,206 1,104,449

Lincolnshire Block Pavers Limited (Registered number: 04815143)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 172,618 96,702

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Secured bank loans 329,510 178,436

The loans are secured on the assets to which they relate.

9. CALLED UP SHARE CAPITAL

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