REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LINDLEYS GROUP LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

D B Lindley

A W B Lindley

A Gilbert

REGISTERED OFFICE:

Lindleys Auto Centres Ltd

Nottingham Road

Arnold

Nottingham

NG5 6JZ

REGISTERED NUMBER:

09106253 (England and Wales)

ACCOUNTANTS:

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of vehicle hire.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

D B Lindley

A W B Lindley

A Gilbert

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:

A Gilbert - Director

23 December 2025

FIXED ASSETS

Tangible assets

4

2,365,867

1,362,537

Investments

5

74,850

74,850

2,440,717

1,437,387

CURRENT ASSETS

Debtors

6

129,050

151,766

Cash at bank and in hand

102,215

9,649

231,265

161,415

CREDITORS

Amounts falling due within one year

7

1,267,241

1,010,858

NET CURRENT LIABILITIES

(1,035,976

)

(849,443

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,404,741

587,944

CREDITORS

Amounts falling due after more than one year

8

1,122,062

421,594

NET ASSETS

282,679

166,350

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

282,579

166,250

SHAREHOLDERS' FUNDS

282,679

166,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

D B Lindley - Director

1.	STATUTORY INFORMATION

Lindleys Group 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

vehicles

Totals

£

£

£

COST

At 1 January 2024

1,351,226

61,379

1,412,605

Additions

1,007,740

-

1,007,740

Disposals

-

(12,491

)

(12,491

)

At 31 December 2024

2,358,966

48,888

2,407,854

DEPRECIATION

At 1 January 2024

-

50,068

50,068

Charge for year

-

2,432

2,432

Eliminated on disposal

-

(10,513

)

(10,513

)

At 31 December 2024

-

41,987

41,987

NET BOOK VALUE

At 31 December 2024

2,358,966

6,901

2,365,867

At 31 December 2023

1,351,226

11,311

1,362,537

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 January 2024

12,491

Disposals

(12,491

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

10,381

Charge for year

132

Eliminated on disposal

(10,513

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

2,110

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

74,850

NET BOOK VALUE

At 31 December 2024

74,850

At 31 December 2023

74,850

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

2

400

Amounts owed by associates

127,060

136,620

VAT

-

12,603

Deferred tax asset

1,888

1,888

Prepayments

100

255

129,050

151,766

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

43,932

22,719

Trade creditors

19,416

1,656

Amounts owed to associates

1,128,392

900,220

Tax

40,801

65,678

VAT

11,368

-

Directors' current accounts

22,132

19,685

Accrued expenses

1,200

900

1,267,241

1,010,858

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

44,183

23,188

Bank loans - 2-5 years

173,017

78,992

Bank loans more 5 yr by instal

904,862

319,414

1,122,062

421,594

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

904,862

319,414

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

1,165,994

444,313

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lindleys Group Limited for the year ended 31 December 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Lindleys Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lindleys Group Limited and state those matters that we have agreed to state to the Board of Directors of Lindleys Group Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lindleys Group Limited 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 profit of Lindleys Group Limited. You consider that Lindleys Group Limited 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 Lindleys Group Limited. 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.

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

23 December 2025