Company Registration No. 11105540 (England and Wales)
Easylinks UK Limited
Unaudited accounts
for the year ended 31 March 2023
Easylinks UK Limited
Unaudited accounts
Contents
Easylinks UK Limited
Company Information
for the year ended 31 March 2023
Company Number
11105540 (England and Wales)
Registered Office
Unit 8, Brindley Court
Victoria Business Park, Prospect way
Knypersley
Stoke on Trent
ST8 7PP
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Easylinks UK Limited
Statement of financial position
as at 31 March 2023
Tangible assets
17,384
11,676
Cash at bank and in hand
28,763
2,444
Creditors: amounts falling due within one year
(63,426)
(165,343)
Net current liabilities
(14,495)
(4,051)
Total assets less current liabilities
2,889
7,625
Provisions for liabilities
Deferred tax
(3,302)
(2,218)
Net (liabilities)/assets
(413)
5,407
Called up share capital
1
1
Profit and loss account
(414)
5,406
Shareholders' funds
(413)
5,407
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 November 2023 and were signed on its behalf by
J V Stantchovsky
Director
Company Registration No. 11105540
Easylinks UK Limited
Notes to the Accounts
for the year ended 31 March 2023
Easylinks UK Limited is a private company, limited by shares, registered in England and Wales, registration number 11105540. The registered office is Unit 8, Brindley Court, Victoria Business Park, Prospect way, Knypersley, Stoke on Trent, ST8 7PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum on a reducing balance basis
Fixtures & fittings
20% per annum on a reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Easylinks UK Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
12,885
2,515
15,400
Additions
4,160
7,890
12,050
At 31 March 2023
17,045
10,405
27,450
At 1 April 2022
3,221
503
3,724
Charge for the year
2,081
4,261
6,342
At 31 March 2023
5,302
4,764
10,066
At 31 March 2023
11,743
5,641
17,384
At 31 March 2022
9,664
2,012
11,676
Amounts falling due within one year
Trade debtors
2,376
43,500
Amounts due from group undertakings etc.
6,044
104,296
Accrued income and prepayments
465
465
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
57,676
159,593
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
Mr J V Stantchovsky is a director and shareholder in both Easylink UK Limited and Easylinks Homes Limited
During the year Easylink UK Limited charged Easylinks Homes Limited a management charge of £25,000 (2022 £40,000)
Easylink Holdings Limited is the ultimate holding company
At the balance sheet date Easylinks Holdings Limited owed £6,044 (2022 £104,296) to Easylink UK Limited as shown in in debtors due with one year, the loan is subject to interest at a commercial rate and is repayable upon demand
Easylinks UK Limited
Notes to the Accounts
for the year ended 31 March 2023
The company is a 100% owned subsidiary of Easylinks Holdings Limited, company number 04168176 whose registered office is Unit 8, Brindley Court, Victoria Business Park, Prospect Way, Knypersley, Stock on Trent ST8 7PP
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).