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COMPANY REGISTRATION NUMBER: 09213447
LINCOLN PROPERTY SYNDICATES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 January 2025
LINCOLN PROPERTY SYNDICATES LIMITED
STATEMENT OF FINANCIAL POSITION
31 January 2025
2025
2024
£
£
£
Fixed assets
3,065
2,158
--------
--------
Current assets
36,041
60,173
Prepayments and accrued income
377
164
---------
---------
36,418
60,337
Creditors: amounts falling due within one year
5,288
7,200
---------
---------
Net current assets
31,130
53,137
---------
---------
Total assets less current liabilities
34,195
55,295
Accruals and deferred income
4,734
4,689
---------
---------
29,461
50,606
---------
---------
Capital and reserves
29,461
50,606
---------
---------
Notes to the financial statements
1. Directors' advances, credits and guarantees
The ultimate controlling parties are A M Dyson and S Straw. The overdrawn balance brought forward on the directors loan account was £43,636, this balance was fully repaid during the year. New loans were made to the directors during the year of amounts totalling £24,798. Interest is charged at 2.25% on the overdrawn loan balance.
For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 6 July 2025 , and are signed on behalf of the board by:
A M Dyson
S Straw
Director
Director
Company registration number: 09213447
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tower House, Lucy Tower Street, Lincoln, England, LN1 1XW.