REGISTERED NUMBER: 07583693 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LYNDON RESOURCES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Parker

C A Parker

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

07583693 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

22,532

26,106

CURRENT ASSETS

Stocks

-

36,413

Debtors

5

115,746

110,285

Cash at bank

6,550

17,678

122,296

164,376

CREDITORS

Amounts falling due within one year

6

53,668

82,209

NET CURRENT ASSETS

68,628

82,167

TOTAL ASSETS LESS CURRENT LIABILITIES

91,160

108,273

CREDITORS

Amounts falling due after more than one year

7

(10,516

)

(23,013

)

PROVISIONS FOR LIABILITIES

(5,281

)

(6,527

)

NET ASSETS

75,363

78,733

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

75,361

78,731

SHAREHOLDERS' FUNDS

75,363

78,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 21 November 2025 and were signed on its behalf by:

S J Parker - Director

1.	STATUTORY INFORMATION

Lyndon Resources 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.

Plant and machinery

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

88,040

Additions

2,058

At 31 March 2025

90,098

DEPRECIATION

At 1 April 2024

61,934

Charge for year

5,632

At 31 March 2025

67,566

NET BOOK VALUE

At 31 March 2025

22,532

At 31 March 2024

26,106

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

26,690

7,304

Amounts owed by group undertakings

89,056

97,360

VAT

-

5,621

115,746

110,285

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,086

10,250

Hire purchase contracts

2,661

4,957

Tax

23,900

34,586

VAT

927

-

Accruals and deferred income

16,094

32,416

53,668

82,209

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

1,581

11,417

Hire purchase contracts

8,935

11,596

10,516

23,013

8.	RELATED PARTY DISCLOSURES

Ultimate Holding Company and Control

Lyndon Resources Ltd is a 100% subsidiary of Lyndon Property Holding Ltd, a company registered in England and Wales. The directors are of the opinion that Lyndon Property Holding Ltd is the holding company of Lyndon Resources Ltd,

Group Dividend

Lyndon Resources Ltd paid a dividend of £70,000 to Lyndon Property Holding Ltd in the year under review (2024: £150,000).

Intra Group Charges

Lyndon Subcontractors Ltd is also a 100% subsidiary of Lyndon Property Holding Ltd. Lyndon Subcontractors Ltd exists to contract with and provide construction industry labour services to Lyndon Resources Ltd on its construction contracts. Lyndon Subcontractors Ltd contracts directly with the suppliers of subcontractor labour services and has an agreement with Lyndon Resources Ltd that it will charge that company for the cost of the services provided by way of service charge. In the year under review Lyndon Resources Ltd paid Lyndon Subcontractors Ltd £415,058 (2024: £537,701) for service charges relating to the labour services provided.