John Lynn Holdings Ltd 28/02/2025 iXBRL

Company registration number: NI710511

John Lynn Holdings Ltd

Unaudited filleted financial statements

28 February 2025

John Lynn Holdings Ltd

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

John Lynn Holdings Ltd

Directors and other information


Directors	Mr John Lynn	(Appointed 22 February 2024)
	Mr Damian Lynn	(Appointed 22 February 2024)
	Mrs Veronica Lynn	(Appointed 22 February 2024)


Company number	NI710511


Registered office	44 Mawillian Road
	Cookstown
	Co Tyrone
	BT80 0AQ


Accountants	PFS Accountants and Auditors Ltd
	122 Main Street
	Dungiven
	Co Derry
	BT47 4LG




	Bankers	AIB
		18-20 Scotch Street
		Dungannon
		Co Tyrone
		BT70 1AZ

John Lynn Holdings Ltd

Statement of financial position

28 February 2025

		28/02/25
	Note	£	£

Current assets
Debtors	4	120
Cash at bank and in hand		500,000
		_______
		500,120
Creditors: amounts falling due
within one year	5	( 600)
		_______
Net current assets			499,520
			_______
Total assets less current liabilities			499,520

			_______
Net assets			499,520
			_______

Capital and reserves
Called up share capital			120
Profit and loss account			499,400
			_______
Shareholders funds			499,520
			_______

For the period ending 28 February 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 period 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 October 2025 , and are signed on behalf of the board by:

Mr John Lynn Mr Damian Lynn

Director Director

Company registration number: NI710511

John Lynn Holdings Ltd

Statement of changes in equity

Period ended 28 February 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 22 February 2024	-	-	-

Profit for the period		582,800	582,800
	_______	_______	_______
Total comprehensive income for the period	-	582,800	582,800

Issue of shares	120		120
Dividends paid and payable		( 83,400)	( 83,400)
	_______	_______	_______
Total investments by and distributions to owners	120	( 83,400)	( 83,280)

	_______	_______	_______
At 28 February 2025	120	499,400	499,520
	_______	_______	_______

John Lynn Holdings Ltd

Notes to the financial statements

Period ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 44 Mawillian Road, Cookstown, Co Tyrone, BT80 0AQ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Debtors

			28/02/25
			£
	Other debtors		120
			_______

5. Creditors: amounts falling due within one year

			28/02/25
			£
	Other creditors		600
			_______