Registration number:
Melksham Link Limited
for the Year Ended 31 January 2023
Melksham Link Limited
Contents
Directors' Report |
|
Profit and Loss Account |
|
Balance Sheet |
|
Statement of Changes in Equity |
|
Notes to the Unaudited Financial Statements |
|
Detailed Profit and Loss Account |
Melksham Link Limited
Directors' Report for the Year Ended 31 January 2023
The directors present their report and the financial statements for the year ended 31 January 2023.
Director of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is the design & build company setup to gain planning approval to build a marina & associated works for onward sale.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
......................................... |
Melksham Link Limited
Profit and Loss Account for the Year Ended 31 January 2023
Note |
2023 |
2022 |
|
Turnover |
|
- |
|
Gross profit |
|
- |
|
Administrative expenses |
( |
( |
|
Operating loss |
(132,237) |
(63,564) |
|
Loss before tax |
( |
( |
|
Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Melksham Link Limited
(Registration number: 10552463)
Balance Sheet as at 31 January 2023
Note |
2023 |
2022 |
|
Fixed assets |
|||
Tangible assets |
|
- |
|
Current assets |
|||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
Net liabilities |
( |
( |
|
Capital and reserves |
|||
Called up share capital |
100 |
100 |
|
Profit and loss account |
(210,674) |
(78,437) |
|
Shareholders' deficit |
(210,574) |
(78,337) |
For the financial year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
......................................... |
Melksham Link Limited
Statement of Changes in Equity for the Year Ended 31 January 2023
Share capital |
Profit and loss account |
Total |
|
At 1 February 2022 |
|
( |
( |
Loss for the year |
- |
( |
( |
Total comprehensive income |
- |
( |
( |
At 31 January 2023 |
|
( |
( |
Share capital |
Profit and loss account |
Total |
|
At 1 February 2021 |
|
( |
( |
Loss for the year |
- |
( |
( |
Total comprehensive income |
- |
( |
( |
At 31 January 2022 |
|
( |
( |
Melksham Link Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Land and buildings |
5% straight line |
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Melksham Link Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023
Loss before tax |
Arrived at after charging/(crediting)
2023 |
2022 |
|
Depreciation expense |
|
- |
Tangible assets |
Land and buildings |
Motor vehicles |
Total |
|
Cost or valuation |
|||
Additions |
|
|
|
At 31 January 2023 |
|
|
|
Depreciation |
|||
Charge for the year |
|
- |
|
At 31 January 2023 |
|
- |
|
Carrying amount |
|||
At 31 January 2023 |
|
|
|
Included within the net book value of land and buildings above is £57,882 (2022 - £Nil) in respect of freehold land and buildings.
Debtors |
2023 |
2022 |
|
Other debtors |
|
|
|
|
Melksham Link Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
|
Due within one year |
||
Accruals and deferred income |
|
|
Other creditors |
|
|
|
|
Creditors: amounts falling due after more than one year
2023 |
2022 |
|
Due after one year |
||
Other non-current financial liabilities |
|
|
Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
|||
No. |
£ |
No. |
£ |
|
|
|
67 |
|
67 |
|
|
33 |
|
33 |
|
|
|
|
Melksham Link Limited
Detailed Profit and Loss Account for the Year Ended 31 January 2023
2023 |
2022 |
Turnover |
||
Sale of goods, UK |
43,158 |
- |
Establishment costs |
||
Insurance |
(272) |
- |
General administrative expenses |
||
Sundry expenses |
(223) |
(166) |
Travel and subsistence |
(455) |
- |
Accountancy fees |
(585) |
(306) |
Legal and professional fees |
(173,001) |
(63,000) |
(174,264) |
(63,472) |
Finance charges |
||
Bank charges |
(126) |
(92) |
Depreciation costs |
||
Depreciation of freehold property |
(733) |
- |