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Registered Number: 10674152
England and Wales
LYNN PROPERTY SOLUTIONS LTD
Abridged Accounts
Period of accounts Start date: 01 April 2024 End date: 31 March 2025

Lynn Property Solutions Ltd Contents Page For the year ended 31 March 2025
Statement of financial position | 1

Lynn Property Solutions Ltd Statement of Financial Position As at 31 March 2025
|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 5,271 |  |  | 2,352
Current assets |  | (4,363) |  |  | 5,249 |
Prepayments and accrued income |  | 2,514 |  |  | 290 |
Creditors: amount falling due within one year |  | (115,893) |  |  | (104,391) |
Net current assets |  |  | (117,742) |  |  | (98,852)
Total assets less current liabilities |  |  | (112,471) |  |  | (96,500)
Net assets |  |  | (112,471) |  |  | (96,500)
Capital and reserves |  |  | (112,471) |  |  | (96,500)
NOTES TO THE ACCOUNTS General Information Lynn Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10674152, registration address Flat 1 Sandpiper House, Leete Way, West Winch, Kings Lynn, Norfolk, England, PE33 0ST. The presentation currency is £ sterling
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Going concern basis The directors continue to support the company and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements and have agreed not to withdraw their funding within the next 12 months. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery | 25% Reducing Balance
Fixtures and Fittings | 20% Reducing Balance
Computer Equipment | 33% Reducing Balance
2. | Tangible fixed assets
Cost or valuation | Plant and Machinery |  | Fixtures and Fittings |  | Computer Equipment |  | Total
| £ |  | £ |  | £ |  | £
At 01 April 2024 | 419 |  | 3,830 |  | 1,699 |  | 5,948
Additions | 2,291 |  | 1,961 |  | 279 |  | 4,531
Disposals | - |  | - |  | - |  | -
At 31 March 2025 | 2,710 |  | 5,791 |  | 1,978 |  | 10,479
Depreciation
At 01 April 2024 | 105 |  | 2,324 |  | 1,167 |  | 3,596
Charge for year | 651 |  | 693 |  | 268 |  | 1,612
On disposals | - |  | - |  | - |  | -
At 31 March 2025 | 756 |  | 3,017 |  | 1,435 |  | 5,208
Net book values
Closing balance as at 31 March 2025 | 1,954 |  | 2,774 |  | 543 |  | 5,271
Opening balance as at 01 April 2024 | 314 |  | 1,506 |  | 532 |  | 2,352
3. | Average number of employees including directors Average number of employees during the year was 2 (2024 : 2).
For the year ended 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 accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts. The financial statements were approved by the board of directors on 06 March 2026 and were signed on its behalf by:
-------------------------------- Andrew Egan Director
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