Lynar Manufacturing Holdings Limited - Accounts to registrar (filleted) - small 18.2

Lynar Manufacturing Holdings Limited - Accounts to registrar (filleted) - small 18.2

LYNAR MANUFACTURING HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 09390179 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 December 2018

for

Lynar Manufacturing Holdings Limited
Lynar Manufacturing Holdings Limited (Registered number: 09390179)

Contents of the Financial Statements
for the Year Ended 31 December 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lynar Manufacturing Holdings Limited

Company Information
for the Year Ended 31 December 2018







DIRECTOR: S P Richens





REGISTERED OFFICE: Alton House
66/68 High Street
Northwood
Middlesex
HA6 1BL





REGISTERED NUMBER: 09390179 (England and Wales)





ACCOUNTANTS: Munday Long & Co Limited
Chartered Certified Accountants
Alton House
66/68 High Street
Northwood
Middlesex
HA6 1BL
Page 1
Lynar Manufacturing Holdings Limited (Registered number: 09390179)

Balance Sheet
31 December 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Investments 3 200 200
Investment property 4 700,000 700,000
700,200 700,200

CURRENT ASSETS
Cash at bank and in hand 2,573 2,978

CREDITORS
Amounts falling due within one year 5 54,401 54,306
NET CURRENT LIABILITIES (51,828 ) (51,328 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
648,372
648,872

CREDITORS
Amounts falling due after more than one
year
6
(279,217
)
(312,155
)

PROVISIONS FOR LIABILITIES (63,302 ) (63,302 )
NET ASSETS 305,853 273,415

CAPITAL AND RESERVES
Called up share capital 33 33
Capital redemption reserve 67 67
Retained earnings 305,753 273,315
SHAREHOLDERS' FUNDS 305,853 273,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
Lynar Manufacturing Holdings Limited (Registered number: 09390179)

Balance Sheet - continued
31 December 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 11 April 2019 and were signed by:





S P Richens - Director


The notes form part of these financial statements

Page 3
Lynar Manufacturing Holdings Limited (Registered number: 09390179)

Notes to the Financial Statements
for the Year Ended 31 December 2018


1. STATUTORY INFORMATION

Lynar Manufacturing Holdings 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

Page 4 continued...
Lynar Manufacturing Holdings Limited (Registered number: 09390179)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018


3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2018
and 31 December 2018 200
NET BOOK VALUE
At 31 December 2018 200
At 31 December 2017 200

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2018
and 31 December 2018 700,000
NET BOOK VALUE
At 31 December 2018 700,000
At 31 December 2017 700,000

Fair value at 31 December 2018 is represented by:

£   
Valuation in 2018 700,000

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

31.12.18 31.12.17
£    £   
Cost 367,099 367,099

Investment property was valued on an fair value basis on 31 December 2018 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.18 31.12.17
£    £   
Bank loans and overdrafts 46,946 46,946
Taxation 4,815 4,720
Accruals 2,640 2,640
54,401 54,306

Page 5 continued...
Lynar Manufacturing Holdings Limited (Registered number: 09390179)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.18 31.12.17
£    £   
Bank loans payable between one and two
years
46,946
46,946
Bank loans payable between two and five
years
140,837
140,837
Bank loans payable after more than five
years
91,434
124,372
279,217 312,155

Amounts falling due in more than five years:

Repayable by instalments
Bank loans payable after more than five
years
91,434
124,372

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.18 31.12.17
£    £   
Bank loans 326,163 359,101

8. ULTIMATE CONTROLLING PARTY

The controlling party is S P Richens.

Page 6