REGISTERED NUMBER: 13131733 (England and Wales)

LINCS COAST KITCHENS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

L P Iaquaniello

Mrs L Iaquaniello

REGISTERED OFFICE:

30 Parsons Lane

Alford

LN13 9BQ

REGISTERED NUMBER:

13131733 (England and Wales)

ACCOUNTANTS:

Clark Hearsey

Chartered Certified Accountants

Fairfield Enterprise Centre

Lincoln Way

Fairfield Industrial Estate

Louth

Lincolnshire

LN11 0LS

FIXED ASSETS

Intangible assets

4

2,000

4,000

Tangible assets

5

14,553

20,070

16,553

24,070

CURRENT ASSETS

Stocks

18,286

16,250

Debtors

6

29,893

11,101

Cash at bank

20,828

7

69,007

27,358

CREDITORS

Amounts falling due within one year

7

63,120

26,507

NET CURRENT ASSETS

5,887

851

TOTAL ASSETS LESS CURRENT LIABILITIES

22,440

24,921

CREDITORS

Amounts falling due after more than one year

8

4,876

22,485

NET ASSETS

17,564

2,436

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

17,464

2,336

17,564

2,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th July 2026 and were signed on its behalf by:

L P Iaquaniello - Director

1.	STATUTORY INFORMATION

Lincs Coast Kitchens Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2025

and 31st January 2026

10,000

AMORTISATION

At 1st February 2025

6,000

Charge for year

2,000

At 31st January 2026

8,000

NET BOOK VALUE

At 31st January 2026

2,000

At 31st January 2025

4,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2025

24,475

Additions

266

At 31st January 2026

24,741

DEPRECIATION

At 1st February 2025

4,405

Charge for year

5,783

At 31st January 2026

10,188

NET BOOK VALUE

At 31st January 2026

14,553

At 31st January 2025

20,070

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

29,262

3,348

Other debtors

631

7,753

29,893

11,101

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

18,161

21,706

Trade creditors

5,670

200

Taxation and social security

20,372

2,901

Other creditors

18,917

1,700

63,120

26,507

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

4,876

22,485