Lindsey Energy (Lincolnshire) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11064223 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Lindsey Energy (Lincolnshire) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Sir O Thorold

J Patrick

REGISTERED OFFICE:

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

REGISTERED NUMBER:

11064223 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

FIXED ASSETS

Intangible assets

4

643,631

707,994

Tangible assets

5

1,956,239

2,057,826

2,599,870

2,765,820

CURRENT ASSETS

Debtors

6

456,786

67,545

Cash at bank

227,351

168,473

684,137

236,018

CREDITORS

Amounts falling due within one year

7

222,802

248,656

NET CURRENT ASSETS/(LIABILITIES)

461,335

(12,638

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,061,205

2,753,182

CREDITORS

Amounts falling due after more than one
year

8

(92,659

)

(135,907

)

PROVISIONS FOR LIABILITIES

(192,951

)

(206,261

)

NET ASSETS

2,775,595

2,411,014

CAPITAL AND RESERVES

Called up share capital

10

800,100

Retained earnings

1,975,495

1,610,914

SHAREHOLDERS' FUNDS

2,775,595

2,411,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 26 August 2026 and were signed on its behalf by:

J Patrick - Director

1.	STATUTORY INFORMATION

Lindsey Energy (Lincolnshire) Limited 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of eighteen years.

Tangible fixed assets

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

Fencing

-

10% on cost

Metering

-

Straight line over 15 years

Solar panels

-

4% on Cost

CCTV

-

25% on reducing balance

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, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2024

and 30 November 2025

1,158,535

AMORTISATION

At 1 December 2024

450,541

Charge for year

64,363

At 30 November 2025

514,904

NET BOOK VALUE

At 30 November 2025

643,631

At 30 November 2024

707,994

5.	TANGIBLE FIXED ASSETS

Land and

Buildings

Fencing

Metering

£

COST

At 1 December 2024

and 30 November 2025

427,014

114,961

26,589

DEPRECIATION

At 1 December 2024

-

80,727

12,334

Charge for year

-

11,496

1,755

At 30 November 2025

-

92,223

14,089

NET BOOK VALUE

At 30 November 2025

427,014

22,738

12,500

At 30 November 2024

427,014

34,234

14,255

Solar

panels

CCTV

Totals

£

COST

At 1 December 2024

and 30 November 2025

2,199,915

8,875

2,777,354

DEPRECIATION

At 1 December 2024

617,932

8,535

719,528

Charge for year

87,996

340

101,587

At 30 November 2025

705,928

8,875

821,115

NET BOOK VALUE

At 30 November 2025

1,493,987

-

1,956,239

At 30 November 2024

1,581,983

340

2,057,826

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

5,924

Other debtors

456,786

61,621

456,786

67,545

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

38,233

34,315

Trade creditors

1,511

633

Taxation and social security

159,484

125,055

Other creditors

23,574

88,653

222,802

248,656

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

74,832

109,508

Other creditors

17,827

26,399

92,659

135,907

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

113,065

143,823

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

800,000

Ordinary Redeemable

£1

800,000

800,100