REGISTERED NUMBER: 11151577 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

LINCOLNJACK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Boyd

J Langley

REGISTERED OFFICE:

1st Floor 15 St. Cuthberts Street

Bedford

Bedfordshire

MK40 3JB

REGISTERED NUMBER:

11151577 (England and Wales)

ACCOUNTANTS:

TC Group

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

FIXED ASSETS

Tangible assets

4

1,082

652

CURRENT ASSETS

Stocks

5,850

166,600

Debtors

5

117,827

56,109

Cash at bank

4,195

3,564

127,872

226,273

CREDITORS

Amounts falling due within one year

6

87,876

180,300

NET CURRENT ASSETS

39,996

45,973

TOTAL ASSETS LESS CURRENT LIABILITIES

41,078

46,625

CREDITORS

Amounts falling due after more than one year

7

28,427

34,116

NET ASSETS

12,651

12,509

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

11,651

11,509

SHAREHOLDERS' FUNDS

12,651

12,509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 November 2025 and were signed on its behalf by:

J Langley - Director

1.	STATUTORY INFORMATION

Lincolnjack 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 2 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 December 2023

18,336

25,602

43,938

Additions

960

-

960

At 30 November 2024

19,296

25,602

44,898

DEPRECIATION

At 1 December 2023

17,684

25,602

43,286

Charge for year

530

-

530

At 30 November 2024

18,214

25,602

43,816

NET BOOK VALUE

At 30 November 2024

1,082

-

1,082

At 30 November 2023

652

-

652

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

89,832

25,981

Amounts owed by group undertakings

18,851

12,888

Other debtors

9,144

17,240

117,827

56,109

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,551

5,551

Trade creditors

35,329

139,889

Amounts owed to group undertakings

4,650

2,500

Taxation and social security

12,274

29,680

Other creditors

30,072

2,680

87,876

180,300

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

28,427

34,116

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

1

1,000

1,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

2024

2023

£

£

R Boyd

Balance outstanding at start of year

-

420

Amounts repaid

-

(420

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

J Langley

Balance outstanding at start of year

-

1,919

Amounts repaid

-

(1,919

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-