Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-312021-11-01falseSecurity and commodity contracts dealing activities22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08714439 2021-11-01 2022-10-31 08714439 2020-11-01 2021-10-31 08714439 2022-10-31 08714439 2021-10-31 08714439 c:Director1 2021-11-01 2022-10-31 08714439 d:FurnitureFittings 2021-11-01 2022-10-31 08714439 d:FurnitureFittings 2022-10-31 08714439 d:FurnitureFittings 2021-10-31 08714439 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 08714439 d:ComputerEquipment 2021-11-01 2022-10-31 08714439 d:ComputerEquipment 2022-10-31 08714439 d:ComputerEquipment 2021-10-31 08714439 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 08714439 d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 08714439 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-10-31 08714439 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2021-10-31 08714439 d:CurrentFinancialInstruments 2022-10-31 08714439 d:CurrentFinancialInstruments 2021-10-31 08714439 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 08714439 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 08714439 d:ShareCapital 2022-10-31 08714439 d:ShareCapital 2021-10-31 08714439 d:RetainedEarningsAccumulatedLosses 2022-10-31 08714439 d:RetainedEarningsAccumulatedLosses 2021-10-31 08714439 c:OrdinaryShareClass1 2021-11-01 2022-10-31 08714439 c:OrdinaryShareClass1 2022-10-31 08714439 c:OrdinaryShareClass1 2021-10-31 08714439 c:FRS102 2021-11-01 2022-10-31 08714439 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 08714439 c:FullAccounts 2021-11-01 2022-10-31 08714439 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 08714439 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2021-11-01 2022-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 08714439









LINKS COMMODITIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
LINKS COMMODITIES LIMITED
REGISTERED NUMBER: 08714439

BALANCE SHEET
AS AT 31 OCTOBER 2022

2022
2021
Note
£
£

Fixed assets
  

Intangible assets
 4 
17,212
20,080

Tangible assets
 5 
4,598
5,453

  
21,810
25,533

Current assets
  

Debtors: amounts falling due within one year
 6 
44,366
22,550

Cash at bank and in hand
 7 
596
2,921

  
44,962
25,471

Creditors: amounts falling due within one year
 8 
(39,727)
(23,745)

Net current assets
  
 
 
5,235
 
 
1,726

Total assets less current liabilities
  
27,045
27,259

  

Net assets
  
27,045
27,259


Capital and reserves
  

Called up share capital 
 9 
27,000
27,000

Profit and loss account
  
45
259

  
27,045
27,259


Page 1

 
LINKS COMMODITIES LIMITED
REGISTERED NUMBER: 08714439
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Gaunt
Director

Date: 20 October 2023

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
LINKS COMMODITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

Pukaki Limited is a private company, limited by shares, registered in England and Wales, registration number 08714439. The registered office is 101 New Cavendish Street, 1st Floor South, London, W1w 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
LINKS COMMODITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
10%
on cost
Computer equipment
-
33%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
LINKS COMMODITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 5

 
LINKS COMMODITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

4.


Intangible assets




Other

£



Cost


At 1 November 2021
28,684



At 31 October 2022

28,684



Amortisation


At 1 November 2021
8,604


Charge for the year on owned assets
2,868



At 31 October 2022

11,472



Net book value



At 31 October 2022
17,212



At 31 October 2021
20,080



Page 6

 
LINKS COMMODITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

5.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 November 2021
8,157
5,124
13,281


Additions
-
383
383



At 31 October 2022

8,157
5,507
13,664



Depreciation


At 1 November 2021
3,294
4,534
7,828


Charge for the year on owned assets
816
422
1,238



At 31 October 2022

4,110
4,956
9,066



Net book value



At 31 October 2022
4,047
551
4,598



At 31 October 2021
4,863
590
5,453


6.


Debtors

2022
2021
£
£


Other debtors
39,366
17,550

Prepayments and accrued income
5,000
5,000

44,366
22,550



7.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
596
2,921

596
2,921


Page 7

 
LINKS COMMODITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

8.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
21,743
12,553

Other taxation and social security
-
436

Other creditors
12,484
8,756

Accruals and deferred income
5,500
2,000

39,727
23,745



9.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



27,000 (2021 - 27,000) Ordinary Shares shares of £1.00 each
27,000
27,000


 
Page 8