ACCOUNTS - Final Accounts

Registered number: 05567057

LINNECOR & CO LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

LINNECOR & CO LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 7

LINNECOR & CO LIMITED

REGISTERED NUMBER: 05567057

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	5		767,522		758,056
Investments	6		2		2
			767,524		758,058
Current assets
Stocks		11,044		11,044
Debtors	7	7,290		6,335
Cash at bank and in hand		393,055		422,555
		411,389		439,934
Creditors: amounts falling due within one year	8	(20,282)		(20,980)
Net current assets			391,107		418,954
Total assets less current liabilities			1,158,631		1,177,012

Net assets			1,158,631		1,177,012

Capital and reserves
Called up share capital	2,698	2,698
Share premium account	506,074	506,074
Profit and loss account	649,859	668,240
	1,158,631	1,177,012

Page 1

LINNECOR & CO LIMITED

REGISTERED NUMBER: 05567057

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 June 2026.

Mr G A Linnecor

Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

LINNECOR & CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Linnecor & Co Limited is a private company limited by shares and incorporated in the England. The address of the registered office is 76 Sherifoot Lane, Four Oaks, Sutton Coldfield, B75 5DU, which is also the address of its principal place of business.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Investment properties

Investment properties are carried at cost. This is not in accordance with the provisions of FRS102 which states investment properties should be held at fair value.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

Stocks

Stocks are valued at the lower of cost and net realisable value.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties and loans to related parties.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

LINNECOR & CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.11

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 4 (2025 - 4).

Page 4

LINNECOR & CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Taxation

		2026	2025
		£	£

Corporation tax
Adjustments in respect of previous periods	-	(77)

Total current tax	-	(77)

5.	Tangible fixed assets

	Investment properties	Fixtures & fittings	Total
	£	£	£
Cost
At 1 April 2025	758,056	-	758,056
Additions	-	11,781	11,781
At 31 March 2026	758,056	11,781	769,837
Depreciation
Charge for the year on owned assets	-	2,315	2,315
At 31 March 2026	-	2,315	2,315
Net book value
At 31 March 2026	758,056	9,466	767,522
At 31 March 2025	758,056	-	758,056

Page 5

LINNECOR & CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

6.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 April 2025	2
	At 31 March 2026	2

Subsidiary undertaking:

The following is a UK subsidiary undertaking of the Company:

Name Class of shares Holding Principal activity

Rocennil Developments Limited Ordinary 100% Property investment and development

Debtors

					2026	2025
					£	£


Trade debtors	3,502	1,525
Prepayments and accrued income	3,788	4,810
	7,290	6,335

8.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Amounts owed to group undertakings	7,346	7,346
Other taxation and social security	2,612	3,009
Other creditors	324	515
Accruals and deferred income	10,000	10,110
	20,282	20,980

Page 6

LINNECOR & CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

9.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £10,000 (2025: £10,000).

Page 7