Lindertis Company (South) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC188305 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Lindertis Company (South) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C H K Hopkinson

Mrs K A Hopkinson

REGISTERED OFFICE:

Whitehall House

33 Yeaman Shore

Dundee

DD1 4BJ

REGISTERED NUMBER:

SC188305 (Scotland)

ACCOUNTANTS:

Turner & Ellerby

Chartered Certified Accountants

5 Church Street

Framlingham

Woodbridge

Suffolk

IP13 9BQ

FIXED ASSETS

Tangible assets

4

1,156,606

1,157,365

Investment property

5

700,000

1,856,606

1,857,365

CURRENT ASSETS

Stocks

104,789

117,449

Debtors

6

44,689

99,978

Cash at bank and in hand

213,131

168,953

362,609

386,380

CREDITORS

Amounts falling due within one year

7

110,166

126,453

NET CURRENT ASSETS

252,443

259,927

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,109,049

2,117,292

PROVISIONS FOR LIABILITIES

8

87,547

87,736

NET ASSETS

2,021,502

2,029,556

CAPITAL AND RESERVES

Called up share capital

1

Share premium

9

1,210,000

Retained earnings

9

811,501

819,555

SHAREHOLDERS' FUNDS

2,021,502

2,029,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 24 June 2026 and were signed on its behalf by:

Mr C H K Hopkinson - Director

1.	STATUTORY INFORMATION

Lindertis Company (South) Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

25% on cost

Tractors

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

Tractors

Totals

£

COST

At 1 November 2024

1,152,050

33,333

19,335

22,155

1,226,873

Additions

-

760

-

760

At 31 October 2025

1,152,050

33,333

20,095

22,155

1,227,633

DEPRECIATION

At 1 November 2024

-

33,333

15,553

20,622

69,508

Charge for year

-

1,136

383

1,519

At 31 October 2025

-

33,333

16,689

21,005

71,027

NET BOOK VALUE

At 31 October 2025

1,152,050

-

3,406

1,150

1,156,606

At 31 October 2024

1,152,050

-

3,782

1,533

1,157,365

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

700,000

NET BOOK VALUE

At 31 October 2025

700,000

At 31 October 2024

700,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

508,000

Cost

192,000

700,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

192,000

Investment property was valued on an open market basis on 31 October 2025 by the Directors .

For the period ended 31 October 2025 the directors reviewed the valuation of the investment properties on an open market basis and were of the opinion that no further adjustment was required to the valuation of £700,000.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

31,634

81,818

VAT

12,850

16,542

Prepayments

205

1,618

44,689

99,978

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

34,761

44,446

Tax

301

6,498

Social security and other taxes

254

453

Directors' current accounts

5,898

12,531

Accruals and deferred income

25,685

15,210

Accrued expenses

43,267

47,315

110,166

126,453

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

87,547

87,736

Deferred

tax

£

Balance at 1 November 2024

87,736

Credit to Income Statement during year

(189

)

Balance at 31 October 2025

87,547

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 November 2024

819,555

1,210,000

2,029,555

Deficit for the year

(8,054

)

(8,054

)

At 31 October 2025

811,501

1,210,000

2,021,501

Retained earnings

Distributable

Non -
Distributable

Total

£

Retained earnings at 1 November 2024

397,963

421,592

819,555

Profit / (Loss) for the year

(8,054

)

-

(8,054

)

Revaluation

-

Retained earnings at 31 October 2025

389,909

421,592

811,501