Registration number:
Unaudited
Abbreviated Accounts
FOR THE
Year Ended
Lincs Aquatics Limited
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Lincs Aquatics Limited
(Registration number: 05391201)
Abbreviated Balance Sheet at 31 December 2015
Note |
31 December 2015
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31 December 2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
.........................................
R L Stubbs
Director
1
Lincs Aquatics Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as detailed below. Freehold buildings are depreciated to write down the cost less estimated residual value over their remaining useful life by equal annual instalments. Where buildings are maintained to such a standard that their residual value in not less than their cost, no depreciation is charged as it is not material.
Asset class |
Depreciation method and rate |
Freehold land and buildings |
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Tenant's improvements |
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Plant and machinery |
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Fixtures, fittings & equipment |
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Motor vehicles |
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Stock
Deferred tax
Hire purchase and leasing
Lincs Aquatics Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 January 2015 |
867,111 |
867,111 |
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Additions |
456,312 |
456,312 |
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At 31 December 2015 |
1,323,423 |
1,323,423 |
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Depreciation |
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At 1 January 2015 |
141,152 |
141,152 |
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Charge for the year |
22,466 |
22,466 |
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At 31 December 2015 |
163,618 |
163,618 |
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Net book value |
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At 31 December 2015 |
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At 31 December 2014 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
31 December 2015
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31 December 2014
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Amounts falling due within one year |
49,950 |
34,060 |
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Amounts falling due after more than one year |
699,981 |
464,974 |
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Total secured creditors |
749,931 |
499,034 |
Included in the creditors are the following amounts due after more than five years:
31 December 2015
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31 December 2014
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After more than five years by instalments |
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Lincs Aquatics Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
31 December 2015 |
31 December 2014 |
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No. |
£ |
No. |
£ |
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