LINCOLN PROPERTY DEVELOPMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST MARCH 2026

COMPANY REGISTRATION NUMBER

06972880

LINCOLN PROPERTY DEVELOPMENTS LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2026

CONTENTS | Page
Officers and professional advisors | 1
The Directors report | 2
Profit & Loss account | 3
Balance sheet | 4
Notes to the financial statements | 5 - 7

The following pages do not form part of the statutory financial statements

Accountants' report to the director | 9
Detailed profit and loss account | 10
Notes to the detailed profit and loss account | 11

LINCOLN PROPERTY DEVELOPMENTS LIMITED

OFFICERS AND PROFESSIONAL ADVISORS

YEAR ENDED 31ST MARCH 2026

The directors | Mr P Gilchrist
| Mr A M Stone
Company Secretary | Mr A M Stone
Registered Office | 327 Burton Road
| Lincoln
| LN1 3XD
Company Number | 06972880
Accountants | AMS Consultancy
| The White House
| 327 Burton Road
| Lincoln
| LN1 3XD
Bankers | Barclays Bank
| Sort code: 20-50-21
| A/c No: 63387682

LINCOLN PROPERTY DEVELOPMENTS LIMITED

THE DIRECTORS REPORT

YEAR ENDED 31ST MARCH 2026

The directors have pleasure in presenting their report and the unaudited financial statements of the company for the year ended 31st March 2026.

PRINCIPAL ACTIVITIES

The principal activity of the company during the period was that of property renovation, development and repairs. The company commenced to trade on 1st June 2010.

THE DIRECTORS AND THEIR INTEREST IN SHARES OF THE COMPANY

The directors who served during the period together with their beneficial interests in the

shares of the company was as follows:

| Ordinary Shares of £1 each
| At 31st March 2026 | At 31st March 2025
Mr P Gilchrist | 25 | 25
Mr A M Stone | 25 | 25
| 50 | 50

Small Company Provision

This report has been prepared in accordance with the provisions for small companies under section 477 of the Companies Act 2006.

Registered Office |  | Signed by order of the directors
| 327 Burton Road |  |
| Lincoln |  |
| LN1 3XD |  |
|  |  | _____________________
|  |  | Mr A M Stone
|  |  | Company Secretary

Approved by the directors on ________________________

LINCOLN PROPERTY DEVELOPMENTS LIMITED

PROFIT AND LOSS ACCOUNT

YEAR ENDED 31ST MARCH 2026

| Note | At 31st March 2026 | At 31st March 2025
|  | £ | £
TURNOVER | 1 | 8,750 | 8,700
Cost of Sales |  | 0 | 0
GROSS PROFIT |  | 8,750 | 8,700
Administration Expenses |  | 3,563 | 3,820
OPERATING PROFIT | 2 | 5,187 | 4,880
Interest receivable |  | 0 | 11
Interest payable |  | 3,000 | 3,000
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |  | 2,187 | 1,891
Tax on profit on ordinary activities | 3 | 416 | 359
PROFIT FOR THE FINANCIAL PERIOD AFTER TAXATION |  | 1,771 | 1,532
Dividends |  | 4,000 | 4,000
RETAINED PROFIT (DEFICIT) CARRIED FORWARD |  | (2,229) | (2,468)

LINCOLN PROPERTY DEVELOPMENTS LIMITED

BALANCE SHEET

YEAR ENDED 31ST MARCH 2026

| Note | At 31st March 2026 | At 31st March 2025
|  | £ | £ | £ | £
FIXED ASSETS |  |  |  |  |
Tangible assets | 4 |  | 0 |  | 0
CURRENT ASSETS |  |  |  |  |
Stocks and work in progress |  | 149,167 |  | 149,167 |
Debtors |  | 0 |  | 0 |
Cash in hand |  | 0 |  | 0 |
Cash at Bank |  | 26,940 |  | 28,753 |
|  | 176,107 |  | 177,920 |
CREDITORS |  |  |  |  |
Amounts falling due within one year | 6 | 150,775 |  | 150,359 |
NET CURRENT ASSETS |  |  | 25,332 |  | 27,561
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 25,332 |  | 27,561
CREDITORS |  |  |  |  |
Amounts falling due after more than one year | 7 |  | 0 |  | 0
NET ASSETS / (LIABILITIES) |  |  | 25,332 |  | 27,561
CAPITAL AND RESERVES |  |  |  |  |
Called up equity share capital | 9 |  | 100 |  | 100
Profit and loss account | 10 |  | 25,232 |  | 27,461
SHAREHOLDERS FUND |  |  | 25,332 |  | 27,561

LINCOLN PROPERTY DEVELOPMENTS LIMITED

BALANCE SHEET

YEAR ENDED 31ST MARCH 2026

For the year ending 31st March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

(I) | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
(II) | The directors acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime (effective April 2008).

These accounts were approved and signed by the directors on ___________________

___________________________ | ___________________________
MR P GILCHRIST | MR A M STONE

LINCOLN PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2026

1 ACCOUNTING POLICIES

Basis of Accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover

The turnover shown in the profit and loss account represents the rents received in the period from a property owned by the company.

Depreciation

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

Plant and Equipment | 14% on reducing balance basis
Motor Vehicle | 14% on reducing balance basis
Office Equipment | 14% on reducing balance basis

Stocks

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

Work in Progress

Work in progress is valued on the basis of direct costs plus attributable overheads basis on nominal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2 OPERATING PROFIT

Operating profit is stated after charging: |  |
| At 31st March 2026 | At 31st March 2025
| £ | £
Director's emoluments | 0 | 0
Depreciation | 0 | 0
| 0 | 0

LINCOLN PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2026

3 TAX ON PROFIT OR LOSS ON ORDINARY ACTIVITIES

In respect of the period | At 31st March 2026 | At 31st March 2025
| £ | £
UK Corporation Tax | 416 | 359

Corporation Tax based on the results for the period at 19% (2024 19%) on net profits.

4 TANGIBLE FIXED ASSETS

| Property | Motor Vehicles | Office Equipment | Total
| £ | £ | £ | £
Cost | 0 | 0 | 0 | 0
Additions | 0 | 0 | 0 | 0
Depreciation | 0 | 0 | 0 | 0
Net Book Value |  |  |  |
At 31st March 2026 | 0 | 0 | 0 | 0

5 DEBTORS

| At 31st March 2026 | At 31st March 2025
| £ | £
Trade Debtors | 0 | 0
Other Debtors | 0 | 0
| 0 | 0

LINCOLN PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2026

6 CREDITORS: Amounts falling due within one year

| At 31st March 2026 | At 31st March 2025
| £ | £
Bank loans and overdrafts | 150,000 | 150,000
Trade creditors | 359 | 0
Other creditors comprise: |  |
Corporation Tax | 416 | 359
PAYE | 0 | 0
CIS | 0 | 0
| 150,775 | 150,359

7 CREDITORS: Amounts falling due after more that one year

| At 31st March 2026 | At 31st March 2025
| £ | £
Directors Loan account | 0 | 0

8 RELATED PARTY TRANSACTIONS

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for smaller entities (effective April 2008).

9 SHARE CAPITAL

| At 31st March 2026 | At 31st March 2025
| £ | £
Authorised share capital |  |
Ordinary shares of £1 each | 100 | 100
Allotted, called up and fully paid: |  |
Issue of ordinary shares | 100 | 100

10 PROFIT AND LOSS ACCOUNT

| At 31st March 2026 | At 31st March 2025
| £ | £
At 1st April 2025 | 27,461 | 29,929
Retained Profit | (2,229) | (2,468)
At 31st March 2026 | 25,232 | 27,461

LINCOLN PROPERTY DEVELOPMENTS LIMITED

MANAGEMENT INFORMATION

YEAR ENDED 31ST MARCH 2026

The following pages do not form part of the statutory financial statements

LINCOLN PROPERTY DEVELOPMENTS LIMITED

ACCOUNTANTS' REPORT TO DIRECTORS

YEAR ENDED 31ST MARCH 2026

As described on the balance sheet you are responsible for the preparation of the accounts for the year ended 31st March 2026, set out on pages 3 to 7, and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited accounts in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

AMS Consultancy

327 Burton Road

Lincoln

Lincolnshire

LN1 3XD

8th April 2026

LINCOLN PROPERTY DEVELOPMENTS LIMITED

DETAILED PROFIT AND LOSS ACCOUNT

YEAR ENDED 31ST MARCH 2026

| At 31st March 2026 | At 31st March 2025
| £ | £
TURNOVER | 8,750 | 8,700
COST OF SALES |  |
Opening Stock and WIP | 149,167 | 149,167
Purchases | 0 | 0
Renovation costs | 0 | 0
Legal and Professional Fees | 0 | 0
Less: Closing Stock and WIP | (149,167) | (149,167)
GROSS PROFIT | 8,750 | 8,700
OVERHEADS |  |
Administration expenses | 3,563 | 3,820
OPERATING (LOSS) / PROFIT | 5,187 | 4,880
Interest receivable | 0 | 11
Interest payable | 3,000 | 3,000
(LOSS) / PROFIT ON ORDINARY ACTIVITIES | 2,187 | 1,891

LINCOLN PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE DETAILED PROFIT AND LOSS ACCOUNT

YEAR ENDED 31ST MARCH 2026

| At 31st March 2026 | At 31st March 2025
ADMINISTRATION EXPENSES |  |
Establishments expenses |  |
Rent & rates | 0 | 0
Light and heat | 0 | 0
Insurance | 353 | 347
Repairs and maintenance | 1,141 | 1,612
| 1,494 | 1,959
General Expenses |  |
Management fees | 1,509 | 1,507
Commission fees | 0 | 0
Directors remuneration | 0 | 0
Employee costs | 0 | 0
Motor expenses | 0 | 0
Travel and Subsistence | 0 | 0
Telephone | 0 | 0
Advertising | 0 | 0
Printing, stationery and postage | 64 | 79
Sundry expenses | 0 | 0
Legal and professional fees | 35 | 231
Accountancy fees | 359 | 0
Depreciation | 0 | 0
| 1,967 | 1,817
Financial costs |  |
Bank charges | 102 | 44
| 102 | 44
Interest Payable |  |
Bank interest payable | 0 | 0
| 3,563 | 3,820

V.1.0 FINTAGS 01 April 2025 31 March 2026 31 March 2026 31 March 2026 31 March 2026 false 0 0 01 April 2024 31 March 2025 The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions in part 15 of the companies act 2006 relating to micro entity accounts and in accordance with FRS iso4217:GBP xbrli:pure xbrli:shares iso4217:GBP xbrli:shares 06972880 2025-04-01 2026-03-31 06972880 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 06972880 bus:Director2 2025-04-01 2026-03-31 06972880 bus:RegisteredOffice 2025-04-01 2026-03-31 06972880 2026-03-31 06972880 2024-04-01 2025-03-31 06972880 2025-03-31 06972880 core:CurrentFinancialInstruments 2026-03-31 06972880 core:CurrentFinancialInstruments 2025-03-31 06972880 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 06972880 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 06972880 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 06972880 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 06972880 core:ShareCapital 2026-03-31 06972880 core:ShareCapital 2025-03-31 06972880 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06972880 core:PlantMachinery 2025-04-01 2026-03-31 06972880 core:MotorVehicles 2025-04-01 2026-03-31 06972880 core:OfficeEquipment 2025-04-01 2026-03-31 06972880 core:RetainedEarningsAccumulatedLosses 2024-03-31 06972880 core:RetainedEarningsAccumulatedLosses 2026-03-31 06972880 core:RetainedEarningsAccumulatedLosses 2025-03-31 06972880 core:LandBuildings 2026-03-31 06972880 core:MotorVehicles 2026-03-31 06972880 core:OfficeEquipment 2026-03-31 06972880 core:LandBuildings 2025-04-01 2026-03-31 06972880 core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 06972880 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 06972880 dpl:Item1 2025-04-01 2026-03-31 06972880 dpl:Item1 2024-04-01 2025-03-31 06972880 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 06972880 bus:FullAccounts 2025-04-01 2026-03-31 06972880 bus:CalendarYear 2025-04-01 2026-03-31 06972880 curr:PoundSterling 2025-04-01 2026-03-31 06972880 bus:Micro-entities 2025-04-01 2026-03-31 06972880 dpl:Item1 2026-03-31 06972880 dpl:Item1 2025-03-31 06972880 dpl:Item1 2024-03-31 06972880 dpl:Item2 2025-04-01 2026-03-31 06972880 dpl:Item2 2024-04-01 2025-03-31 06972880 dpl:Item1 dpl:AdministrativeExpenses 2025-04-01 2026-03-31 06972880 dpl:Item1 dpl:AdministrativeExpenses 2024-04-01 2025-03-31