REGISTERED NUMBER: 05330605 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Lincoln Zoo Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R Mumby

N Mumby

REGISTERED OFFICE:

Wood Farm,

Newball, Langworth

Lincoln

Lincolnshire

LN3 5DQ

REGISTERED NUMBER:

05330605 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

522,552

455,501

CURRENT ASSETS

Stocks

15,000

15,000

Debtors

5

32,280

24,974

Cash at bank and in hand

43,559

229,993

90,839

269,967

CREDITORS

Amounts falling due within one year

6

203,507

138,244

NET CURRENT (LIABILITIES)/ASSETS

(112,668

)

131,723

TOTAL ASSETS LESS CURRENT LIABILITIES

409,884

587,224

CREDITORS

Amounts falling due after more than one year

7

(12,644

)

(41,761

)

PROVISIONS FOR LIABILITIES

(12,311

)

(18,975

)

NET ASSETS

384,929

526,488

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

384,829

526,388

SHAREHOLDERS' FUNDS

384,929

526,488

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 26 August 2025 and were signed on its behalf by:

A R Mumby - Director

N Mumby - Director

1.	STATUTORY INFORMATION

Lincoln Zoo 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.

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

-

10% on cost and 4% on Cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Land and

to

Plant and

buildings

property

machinery

£

£

£

COST

At 1 January 2024

718,759

20,090

134,251

Additions

-

141,343

-

At 31 December 2024

718,759

161,433

134,251

DEPRECIATION

At 1 January 2024

383,215

-

78,758

Charge for year

39,219

-

15,580

At 31 December 2024

422,434

-

94,338

NET BOOK VALUE

At 31 December 2024

296,325

161,433

39,913

At 31 December 2023

335,544

20,090

55,493

Fixtures

and

Motor

fittings

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 January 2024

81,006

53,308

71,440

1,078,854

Additions

2,517

-

-

143,860

At 31 December 2024

83,523

53,308

71,440

1,222,714

DEPRECIATION

At 1 January 2024

61,226

33,616

66,538

623,353

Charge for year

6,754

10,661

4,595

76,809

At 31 December 2024

67,980

44,277

71,133

700,162

NET BOOK VALUE

At 31 December 2024

15,543

9,031

307

522,552

At 31 December 2023

19,780

19,692

4,902

455,501

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

23,371

18,273

Other debtors

8,909

6,701

32,280

24,974

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

27,023

25,905

Trade creditors

2,598

9,177

Taxation and social security

29,400

4,328

Other creditors

144,486

98,834

203,507

138,244

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

12,644

41,761

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary Shares

£1

100

100