PROJECT LINK LIMITED

Company Registration Number:
05425424 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

PROJECT LINK LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PROJECT LINK LIMITED

Company Information

for the Period Ended 30 April 2023




Director: Darren Williams
Laura Williams
Registered office: 19
Westover Road
Westbury-On-Trym
Bristol
England
BS9 3LY
Company Registration Number: 05425424 (England and Wales)

PROJECT LINK LIMITED

Balance sheet

As at 30 April 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 539 10,053
Total fixed assets: 539 10,053
Current assets
Debtors: 31,340 30,350
Cash at bank and in hand: 54,629 240,666
Total current assets: 85,969 271,016
Creditors: amounts falling due within one year: ( 93 ) ( 49,418 )
Net current assets (liabilities): 85,876 221,598
Total assets less current liabilities: 86,415 231,651
Provision for liabilities: ( 102 ) ( 1,910 )
Total net assets (liabilities): 86,313 229,741

The notes form part of these financial statements

PROJECT LINK LIMITED

Balance sheet continued

As at 30 April 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 86,213 229,641
Shareholders funds: 86,313 229,741

For the year ending 30 April 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 17 October 2023
And Signed On Behalf Of The Board By:

Name: Darren Williams
Status: Director

The notes form part of these financial statements

PROJECT LINK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
    Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
    Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:
    Vehicles 25 % reducing balance
    Office equipment 25 % reducing balance
    Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
    The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

PROJECT LINK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 5

PROJECT LINK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 3. Off balance sheet disclosure

    No

PROJECT LINK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Tangible Assets

Total
Cost £
At 01 May 2022 25,285
Additions -
Disposals (24,327)
Revaluations -
Transfers -
At 30 April 2023 958
Depreciation
At 01 May 2022 15,232
Charge for year 180
On disposals (14,993)
Other adjustments -
At 30 April 2023 419
Net book value
At 30 April 2023 539
At 30 April 2022 10,053