REGISTERED NUMBER: 04512566 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 5 April 2025

for

Lincoln Oak Company Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

J M Darbyshire

Mrs M L A Darbyshire

J A L Valkamo

J S A Darbyshire

SECRETARY:

J M Darbyshire

REGISTERED OFFICE:

Oak Cottage

Sudbeck Lane

Welton

Lincoln

Lincolnshire

LN2 3JF

REGISTERED NUMBER:

04512566 (England and Wales)

ACCOUNTANTS:

G & R Millett T/as G M Agencies

Orchard Cottage

Old Apley

Market Rasen

Lincolnshire

LN8 5JQ

The directors present their report with the financial statements of the company for the year ended 5 April 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 6 April 2024 to the date of this report.

J M Darbyshire

Mrs M L A Darbyshire

J A L Valkamo

J S A Darbyshire

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

J M Darbyshire - Secretary

19 August 2025

TURNOVER

66,330

65,180

Cost of sales

50,000

-

GROSS PROFIT

16,330

65,180

Administrative expenses

25,667

32,189

(9,337

)

32,991

Other operating income

57,081

24,310

OPERATING PROFIT

4

47,744

57,301

Interest payable and similar expenses

11,895

12,703

PROFIT BEFORE TAXATION

35,849

44,598

Tax on profit

13,767

10,028

PROFIT FOR THE FINANCIAL YEAR

22,082

34,570

FIXED ASSETS

Tangible assets

5

100

100

CURRENT ASSETS

Stocks

826,000

876,000

Debtors

6

1,005,973

281,403

Investments

7

-

348,418

Cash at bank

112,562

48,200

1,944,535

1,554,021

CREDITORS

Amounts falling due within one year

8

1,063,760

595,328

NET CURRENT ASSETS

880,775

958,693

TOTAL ASSETS LESS CURRENT LIABILITIES

880,875

958,793

CREDITORS

Amounts falling due after more than one year

9

199,915

199,915

NET ASSETS

680,960

758,878

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

303,183

403,183

Retained earnings

377,677

355,595

SHAREHOLDERS' FUNDS

680,960

758,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by:

J M Darbyshire - Director

1.	STATUTORY INFORMATION

Lincoln Oak Company 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 etc

-

25% on reducing balance

Stocks

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

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 4 (2024 - 4 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

5.4.25

5.4.24

£

£

Property sale

(4,985

)

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 6 April 2024

and 5 April 2025

12,432

DEPRECIATION

At 6 April 2024

and 5 April 2025

12,332

NET BOOK VALUE

At 5 April 2025

100

At 5 April 2024

100

6.

DEBTORS

5.4.25

5.4.24

£

£

Amounts falling due within one year:

Ripon Street loan

-

(1,374

)

JEV loan

-

10,000

N&J Darbyshire loan (secured)

23,785

23,785

23,785

32,411

Amounts falling due after more than one year:

Loan to N&J Darbyshire

238,646

248,992

Mortgage to Vaddaram Ltd

743,542

-

982,188

248,992

Aggregate amounts

1,005,973

281,403

7.	CURRENT ASSET INVESTMENTS

5.4.25

5.4.24

£

£

BTC other transactions

-

106,980

Investment in BTC partnership

-

241,438

-

348,418

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade creditors

1

(1

)

Tax

13,470

10,453

Children's loans

450,032

309,032

Directors' current accounts

598,507

272,718

Accrued expenses

1,750

3,126

1,063,760

595,328

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.25

5.4.24

£

£

Bank loans more 5 yrs non-inst

199,915

199,915

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

199,915

199,915

10.

RESERVES

Revaluation

reserve

£

At 6 April 2024

403,183

Revaluation

(100,000

)

At 5 April 2025

303,183