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REGISTERED NUMBER: 12106986 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Opus Property (Lincoln) Ltd

Opus Property (Lincoln) Ltd (Registered number: 12106986)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Opus Property (Lincoln) Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: P Dalton
Mrs D Dalton
J Richmond
Mrs S Richmond





REGISTERED OFFICE: Unit 10, Gateway Court
Dankerwood Road
South Hykeham
Lincoln
Lincolnshire
LN6 9UL





REGISTERED NUMBER: 12106986 (England and Wales)





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

Opus Property (Lincoln) Ltd (Registered number: 12106986)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 419,459 431,095
Investments 5 130,000 130,000
549,459 561,095

CURRENT ASSETS
Debtors 6 42,581 22,671
Cash at bank 1,189,926 1,003,192
1,232,507 1,025,863
CREDITORS
Amounts falling due within one year 7 123,505 20,800
NET CURRENT ASSETS 1,109,002 1,005,063
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,658,461

1,566,158

PROVISIONS FOR LIABILITIES 9,112 9,136
NET ASSETS 1,649,349 1,557,022

CAPITAL AND RESERVES
Called up share capital 8 50 50
Retained earnings 1,649,299 1,556,972
SHAREHOLDERS' FUNDS 1,649,349 1,557,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 21 July 2025 and were signed on its behalf by:




J Richmond - Director



P Dalton - Director


Opus Property (Lincoln) Ltd (Registered number: 12106986)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Opus Property (Lincoln) Ltd 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.

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.
Land and Buildings - not provided
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

Opus Property (Lincoln) Ltd (Registered number: 12106986)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Land and Plant and and
Buildings machinery fittings Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 383,012 61,341 4,547 448,900
DEPRECIATION
At 1 April 2024 - 17,094 711 17,805
Charge for year - 11,061 575 11,636
At 31 March 2025 - 28,155 1,286 29,441
NET BOOK VALUE
At 31 March 2025 383,012 33,186 3,261 419,459
At 31 March 2024 383,012 44,247 3,836 431,095

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 130,000
NET BOOK VALUE
At 31 March 2025 130,000
At 31 March 2024 130,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 4,888 5,285
Amounts owed by group undertakings 37,281 17,061
Other debtors 412 325
42,581 22,671

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 9 2,859
Taxation and social security 18,243 12,415
Other creditors 105,253 5,526
123,505 20,800

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
50 Ordinary £1 50 50