Lynbrook Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02365874

LYNBROOK LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

LYNBROOK LIMITED

STATEMENT OF FINANCIAL POSITION

30 June 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		170,253		159,571

CURRENT ASSETS

Stocks		175,373	185,731
Debtors	6	46,318	40,617
Cash at bank and in hand		291,321	281,761
		---------	---------
		513,012	508,109

CREDITORS: amounts falling due within one year	7	122,176		144,423
		---------		---------
NET CURRENT ASSETS			390,836		363,686
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			561,089		523,257

CREDITORS: amounts falling due after more than one year	8	18,159	2,490
		---------	---------
NET ASSETS		542,930	520,767
		---------	---------

CAPITAL AND RESERVES

Called up share capital fully paid	1,000	1,000
Profit and loss account	541,930	519,767
	---------	---------
SHAREHOLDERS FUNDS	542,930	520,767
	---------	---------

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 income and retained earnings has not been delivered.

For the year ending 30 June 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 .

LYNBROOK LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 13 January 2026 , and are signed on behalf of the board by:

Mr R M Patel	Mr P C Patel
Director	Director

Company registration number: 02365874

LYNBROOK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 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 73 Occupation Road, Corby, Northamptonshire, NN17 1EE.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

Stocks

Stocks are 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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 5 (2024: 4 ).

5. TANGIBLE ASSETS

	Freehold property	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 July 2024	201,633	35,275	13,475	20,148	270,531
Additions	–	–	22,455	117	22,572
	---------	--------	--------	--------	---------
At 30 June 2025	201,633	35,275	35,930	20,265	293,103
	---------	--------	--------	--------	---------
Depreciation
At 1 July 2024	59,352	26,513	7,791	17,304	110,960
Charge for the year	3,096	1,314	7,035	445	11,890
	---------	--------	--------	--------	---------
At 30 June 2025	62,448	27,827	14,826	17,749	122,850
	---------	--------	--------	--------	---------
Carrying amount
At 30 June 2025	139,185	7,448	21,104	2,516	170,253
	---------	--------	--------	--------	---------
At 30 June 2024	142,281	8,762	5,684	2,844	159,571
	---------	--------	--------	--------	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	43,673	33,733
Other debtors	2,645	6,884
	--------	--------
	46,318	40,617
	--------	--------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	84,053	84,412
Corporation tax	20,734	35,264
Social security and other taxes	5,940	721
Other creditors	11,449	24,026
	---------	---------
	122,176	144,423
	---------	---------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	18,159	2,490
	--------	-------