Lynx Enterprises Limited - Accounts to registrar (filleted) - small 18.2

Lynx Enterprises Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: SC170100 (Scotland)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

FOR

LYNX ENTERPRISES LIMITED

LYNX ENTERPRISES LIMITED (BY SHARES) (REGISTERED NUMBER: SC170100)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020










Page

Company Information 1

Balance Sheet 2 to 3


LYNX ENTERPRISES LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2020







DIRECTORS: Mr M J Muchowski
Mrs J E Muchowski



SECRETARY: Mrs J E Muchowski



REGISTERED OFFICE: Mill of Bandley
Bandley
Alford
Aberdeenshire
AB33 8HD



REGISTERED NUMBER: SC170100 (Scotland)



ACCOUNTANTS: Bain Henry Reid
Chartered Accountants
28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY



SOLICITORS: MacLachlan & MacKenzie
8 Walker Street
EDINBURGH
EH3 7LH

LYNX ENTERPRISES LIMITED (BY SHARES) (REGISTERED NUMBER: SC170100)

BALANCE SHEET
31 MARCH 2020

2020 2019
£    £    £    £   
FIXED ASSETS 482,549 483,009

CURRENT ASSETS 194,685 179,615

CREDITORS
Amounts falling due within one year (266,840 ) (200,967 )
NET CURRENT LIABILITIES (72,155 ) (21,352 )
TOTAL ASSETS LESS CURRENT LIABILITIES 410,394 461,657

CAPITAL AND RESERVES 410,394 461,657

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2019 - 2 ) .

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits from directors subsisted during the years ended 31 March 2020 and 31 March 2019:

2020 2019
£    £   
Mr M J Muchowski and Mrs J E Muchowski
Balance outstanding at start of year 192,741 163,012
Amounts advanced 68,000 30,000
Amounts repaid (3,737 ) (271 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 257,004 192,741



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

LYNX ENTERPRISES LIMITED (BY SHARES) (REGISTERED NUMBER: SC170100)

BALANCE SHEET - continued
31 MARCH 2020



The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2020 and were signed on its behalf by:





Mr M J Muchowski - Director