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Company Registration No. 10527048 (England and Wales)
LynnTherm Limited Unaudited accounts for the year ended 31 December 2025
LynnTherm Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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LynnTherm Limited Company Information for the year ended 31 December 2025
Directors
Stephen William Smith Aaron James Smith Linda Smith Wesley Jon Smith
Company Number
10527048 (England and Wales)
Registered Office
ORCHARD LODGE HILL ROAD, MIDDLETON KING'S LYNN PE32 1RW ENGLAND
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of LynnTherm Limited for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LynnTherm Limited for the year ended 31 December 2025 as set out on pages 5 - 7 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
JHW Azoth Ltd Chartered Certified Accountants 13 The Close Norwich Norfolk NR1 4DS 22 April 2026
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LynnTherm Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
19,681
38,036
Current assets
Debtors
5
76,110
51,185
Cash at bank and in hand
163,229
99,849
239,339
151,034
Creditors: amounts falling due within one year
6
(105,119)
(74,528)
Net current assets
134,220
76,506
Net assets
153,901
114,542
Capital and reserves
Called up share capital
100
100
Profit and loss account
153,801
114,442
Shareholders' funds
153,901
114,542
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by
Stephen William Smith Director Company Registration No. 10527048
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LynnTherm Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
LynnTherm Limited is a private company, limited by shares, registered in England and Wales, registration number 10527048. The registered office is ORCHARD LODGE, HILL ROAD, MIDDLETON, KING'S LYNN, PE32 1RW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% WDV
Motor vehicles
25% WDV
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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LynnTherm Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
50,160
11,682
61,842
Additions
827
-
827
Disposals
(28,917)
-
(28,917)
At 31 December 2025
22,070
11,682
33,752
Depreciation
At 1 January 2025
17,772
6,034
23,806
Charge for the year
5,032
1,412
6,444
On disposals
(16,179)
-
(16,179)
At 31 December 2025
6,625
7,446
14,071
Net book value
At 31 December 2025
15,445
4,236
19,681
At 31 December 2024
32,388
5,648
38,036
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
76,110
51,185
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
25,120
12,508
Trade creditors
22,455
28,488
Taxes and social security
18,993
3,273
Other creditors
-
22,159
Loans from directors
38,551
8,100
105,119
74,528
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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