Lines Developments Ltd 31/03/2025 iXBRL

Company registration number: 13007655

Lines Developments Ltd

Unaudited filleted financial statements

31 March 2025

Lines Developments Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Lines Developments Ltd

Directors and other information


	Directors	Mr R Lines
		Mr A Lines


	Company number	13007655


	Registered office	Pear Tree House
		Station Road, Ten Mile Bank
		Downham Market
		Norfolk
		PE38 0EP


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		Hertfordshire
		AL5 4EE

Lines Developments Ltd

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Lines Developments Ltd

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lines Developments Ltd for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Lines Developments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Lines Developments Ltd and state those matters that we have agreed to state to the board of directors of Lines Developments Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lines Developments Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Lines Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Lines Developments Ltd. You consider that Lines Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lines Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

Hertfordshire

AL5 4EE

12 December 2025

Lines Developments Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Current assets
Stocks		460,101		348,092
Debtors	5	10,428		11,017
Cash at bank and in hand		8,857		71,619
		_______		_______
		479,386		430,728
Creditors: amounts falling due
within one year	6	( 51,175)		( 1,175)
		_______		_______
Net current assets			428,211		429,553
			_______		_______
Total assets less current liabilities			428,211		429,553

			_______		_______
Net assets			428,211		429,553
			_______		_______

Capital and reserves
Called up share capital			434,018		434,018
Profit and loss account			( 5,807)		( 4,465)
			_______		_______
Shareholders funds			428,211		429,553
			_______		_______

For the year ending 31 March 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.

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 12 December 2025 , and are signed on behalf of the board by:

Mr R Lines

Director

Company registration number: 13007655

Lines Developments Ltd

Statement of changes in equity

Year ended 31 March 2025

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


At 10 November 2020	434,018	( 3,019)	430,999

Loss for the year		( 1,446)	( 1,446)
	_______	_______	_______
Total comprehensive income for the year	-	( 1,446)	( 1,446)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	434,018	( 4,465)	429,553

Loss for the year		( 1,342)	( 1,342)
	_______	_______	_______
Total comprehensive income for the year	-	( 1,342)	( 1,342)

	_______	_______	_______
At 31 March 2025	434,018	( 5,807)	428,211
	_______	_______	_______

Lines Developments Ltd

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Pear Tree House, Station Road, Ten Mile Bank, Downham Market, Norfolk, PE38 0EP.

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 measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Stocks

Property development stock is measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity 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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Debtors

	2025	2024
	£	£
Other debtors	10,428	11,017
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	51,175	1,175
	_______	_______

7. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr R Lines	-	( 30,000)	( 30,000)
		_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr R Lines	-	-	-
		_______	_______	_______