Company Registration No. 10046364 (England and Wales)
LINCOLN PLANT LTD
Unaudited accounts
for the year ended 31 March 2026
LINCOLN PLANT LTD
Unaudited accounts
Contents
LINCOLN PLANT LTD
Company Information
for the year ended 31 March 2026
Directors
James Langcaster
Deborah Langcaster
Secretary
Deborah Langcaster
Company Number
10046364 (England and Wales)
Registered Office
112-113 High Street
Lincoln
LN5 7PY
UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
LINCOLN PLANT LTD
Statement of financial position
as at 31 March 2026
Tangible assets
69,514
47,180
Cash at bank and in hand
(5,165)
3,287
Creditors: amounts falling due within one year
(32,597)
(19,800)
Net current (liabilities)/assets
(4,051)
14,544
Total assets less current liabilities
65,463
61,724
Creditors: amounts falling due after more than one year
(9,394)
(9,394)
Provisions for liabilities
Deferred tax
(9,443)
(7,973)
Called up share capital
2
2
Capital contribution reserve
38,000
38,000
Profit and loss account
8,624
6,355
Shareholders' funds
46,626
44,357
For the year ending 31 March 2026 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 31 August 2026 and were signed on its behalf by
Deborah Langcaster
Director
Company Registration No. 10046364
LINCOLN PLANT LTD
Notes to the Accounts
for the year ended 31 March 2026
LINCOLN PLANT LTD is a private company, limited by shares, registered in England and Wales, registration number 10046364. The registered office is 112-113 High Street, Lincoln, LN5 7PY, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% Reducing balance
Motor vehicles
25% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
LINCOLN PLANT LTD
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
131,421
8,700
-
140,121
Additions
46,902
-
499
47,401
Disposals
-
(7,700)
-
(7,700)
At 31 March 2026
178,323
1,000
499
179,822
At 1 April 2025
87,137
5,804
-
92,941
Charge for the year
22,797
250
124
23,171
On disposals
-
(5,804)
-
(5,804)
At 31 March 2026
109,934
250
124
110,308
At 31 March 2026
68,389
750
375
69,514
At 31 March 2025
44,284
2,896
-
47,180
Amounts falling due within one year
Trade debtors
16,211
13,557
Amounts falling due after more than one year
Other debtors
17,500
17,500
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
23,040
12,102
Taxes and social security
-
2,013
Loans from directors
6,763
2,700
7
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
9,394
9,394
LINCOLN PLANT LTD
Notes to the Accounts
for the year ended 31 March 2026
8
Deferred taxation
2026
2025
Accelerated capital allowances
9,443
7,973
Provision at start of year
7,973
7,973
Charged to the profit and loss account
1,470
-
Provision at end of year
9,443
7,973
A deferred taxation reserve has been created due toaccelerated capital allowances of some £9.443
This reserve will reverse in future periods creating a tax liability at the prevailing rate on the day.
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).