Charles Lyndon Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09636783 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2021

FOR

CHARLES LYNDON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R C R Burnett

Miss D Antzoulatos

REGISTERED OFFICE:

22 Eastcheap

London

EC3M 1EU

REGISTERED NUMBER:

09636783 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

17,269

17,782

Investments

5

50

-

17,319

17,782

CURRENT ASSETS

Debtors

6

492,537

479,573

Cash at bank and in hand

651,711

687,226

1,144,248

1,166,799

CREDITORS

Amounts falling due within one year

7

(282,074

)

(259,003

)

NET CURRENT ASSETS

862,174

907,796

TOTAL ASSETS LESS CURRENT LIABILITIES

879,493

925,578

CREDITORS

Amounts falling due after more than one year

8

(365,000

)

(482,500

)

NET ASSETS

514,493

443,078

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

514,391

442,976

SHAREHOLDERS' FUNDS

514,493

443,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2022 and were signed on its behalf by:

Miss D Antzoulatos - Director

1.	STATUTORY INFORMATION

Charles Lyndon 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.

Turnover is recognised at the point in which the service has been provided.

Tangible fixed assets

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like other debtors and creditors.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2020 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2020

24,707

Additions

6,588

At 31 July 2021

31,295

DEPRECIATION

At 1 August 2020

6,925

Charge for year

7,101

At 31 July 2021

14,026

NET BOOK VALUE

At 31 July 2021

17,269

At 31 July 2020

17,782

5.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

Additions

50

At 31 July 2021

50

NET BOOK VALUE

At 31 July 2021

50

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts recoverable on contract

464,843

456,531

Other debtors

27,694

23,042

492,537

479,573

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

75,000

-

Taxation and social security

76,052

130,698

Other creditors

131,022

128,305

282,074

259,003

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

287,500

375,000

Other creditors

77,500

107,500

365,000

482,500

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2021

2020

£

£

Within one year

30,000

30,000

Between one and five years

60,000

90,000

90,000

120,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2021

2020

£

£

Bank loans

362,500

375,000