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Registration number: 04325515

Lynx House Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Lynx House Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Lynx House Limited

Company Information

Directors

Mr M Stitson

Mr AL Parsons

Mr C A Burhop

Registered office

C/o Wortham Jaques
130A High Street
Crediton
Devon
EX17 3LQ

Accountants

Wortham Jaques Limited
Chartered Accountants & Business Advisers130a High Street,
Crediton,
Devon
EX17 3LQ

 

Lynx House Limited

(Registration number: 04325515)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

1,766

1,743

Cash at bank and in hand

 

127

52

 

1,893

1,795

Creditors: Amounts falling due within one year

5

(2,133)

(2,035)

Net liabilities

 

(240)

(240)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(340)

(340)

Shareholders' deficit

 

(240)

(240)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 June 2025 and signed on its behalf by:
 

.........................................
Mr AL Parsons
Director

 

Lynx House Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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:
C/o Wortham Jaques
130A High Street
Crediton
Devon
EX17 3LQ
United Kingdom

These financial statements were authorised for issue by the Board on 23 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Lynx House Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Debtors

Current

2024
£

2023
£

Other debtors

1,766

1,743

 

1,766

1,743

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

600

600

Accruals and deferred income

1,283

1,185

Other creditors

250

250

2,133

2,035

 

Lynx House Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

7

Related party transactions

Summary of transactions with other related parties

The following companies have directors in common.

Aaron Fox Limited
VHP Investments Limited
Lynx Property (SW) Limited
Pepper Commercial (Exeter) Limited
Alarmtec Limited
Aaron Fox Limited, Alarmtec Limited and Lynx Property (SW) Limited reimburse Lymx House Limited for it's share of expenses.

Pepper Commerical (Exeter) Limited is paid for management charges.

Income and receivables from related parties

2024

Other related parties
£

Receipt of services

1,402

2023

Other related parties
£

Receipt of services

1,579

Expenditure with and payables to related parties

2024

Other related parties
£

Rendering of services

600

2023

Other related parties
£

Rendering of services

840

 

Lynx House Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

8

Parent and ultimate parent undertaking

The ultimate controlling party is the company's directors.