Lincoln Water Transfer Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 3941654

Lincoln Water Transfer Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

For the year ended

28 February 2025

Lincoln Water Transfer Limited

Company Limited by Guarantee

Statement of Financial Position

28 February 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	5	11,564	1,543
Cash at bank and in hand		617	11,340
		---------	---------
		12,181	12,883

Creditors: amounts falling due within one year	6	9,003		13,367
		---------		---------
Net current assets/(liabilities)			3,178	( 484)
			--------	-----
Total assets less current liabilities			3,178	( 484)
			--------	-----
Net assets/(liabilities)			3,178	( 484)
			--------	-----

Capital and reserves

Profit and loss account	3,178	( 484)
	--------	-----
Members funds/(deficit)	3,178	( 484)
	--------	-----

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 income and retained earnings has not been delivered.

For the year 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 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 .

Lincoln Water Transfer Limited

Company Limited by Guarantee

Statement of Financial Position (continued)

28 February 2025

These financial statements were approved by the board of directors and authorised for issue on 11 June 2025 , and are signed on behalf of the board by:

T Harper

Director

Company registration number: 3941654

Lincoln Water Transfer Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is C/O Langleys Solicitors LLP, Olympic House, Doddington Road Business Park, Lincoln, LN6 3SE.

2. Statement of compliance

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

Going concern

Subsequent to the year-end, the UK has experienced a pandemic of the coronavirus. The potential effects to the company and its future prospects cannot be fully quantified but the directors remain committed to the protection of the business. This is being regularly reviewed by the directors. In addition the directors are mindful of the significant ongoing support being offered by the Government. Accordingly the financial statements have been prepared on a going concern basis.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Company limited by guarantee

Lincoln Water Transfer Limited is a company limited by guarantee where every member undertakes to contribute as may be required (not exceeding £1) to the Company's assets if it should be wound up.

5. Debtors

	2025	2024
	£	£
Trade debtors	9,790	270
Other debtors	1,774	1,273
	---------	--------
	11,564	1,543
	---------	--------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	8,003	11,617
Other creditors	1,000	1,750
	--------	---------
	9,003	13,367
	--------	---------