0 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 175,000 45,500 3,500 49,000 126,000 129,500 xbrli:pure xbrli:shares iso4217:GBP 01815802 2022-04-01 2023-03-31 01815802 2023-03-31 01815802 2022-03-31 01815802 2022-03-31 01815802 core:LandBuildings 2022-04-01 2023-03-31 01815802 bus:Director1 2022-04-01 2023-03-31 01815802 core:LandBuildings 2022-03-31 01815802 core:LandBuildings 2023-03-31 01815802 core:WithinOneYear 2023-03-31 01815802 core:WithinOneYear 2022-03-31 01815802 core:ShareCapital 2023-03-31 01815802 core:ShareCapital 2022-03-31 01815802 core:SharePremium 2023-03-31 01815802 core:SharePremium 2022-03-31 01815802 core:RetainedEarningsAccumulatedLosses 2023-03-31 01815802 core:RetainedEarningsAccumulatedLosses 2022-03-31 01815802 core:LandBuildings 2022-03-31 01815802 bus:SmallEntities 2022-04-01 2023-03-31 01815802 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 01815802 bus:FullAccounts 2022-04-01 2023-03-31 01815802 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 01815802 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 01815802 1 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 01815802
Interlink Trading Limited
Filleted Unaudited Financial Statements
31 March 2023
Interlink Trading Limited
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
4
126,000
129,500
Current assets
Cash at bank and in hand
8,567
21,048
Creditors: amounts falling due within one year
5
56,553
59,476
--------
--------
Net current liabilities
47,986
38,428
---------
---------
Total assets less current liabilities
78,014
91,072
--------
--------
Net assets
78,014
91,072
--------
--------
Capital and reserves
Called up share capital
1,000
1,000
Share premium account
58,205
58,205
Profit and loss account
18,809
31,867
--------
--------
Shareholders funds
78,014
91,072
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 November 2023 , and are signed on behalf of the board by:
Mr ZM Alsanjak
Director
Company registration number: 01815802
Interlink Trading Limited
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2, 32-34 Station Close, Potters Bar, Herts, EN6 1TL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rents receivable.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold buildings
-
1% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly .
4. Tangible assets
Land and buildings
£
Cost
At 1 April 2022 and 31 March 2023
175,000
---------
Depreciation
At 1 April 2022
45,500
Charge for the year
3,500
---------
At 31 March 2023
49,000
---------
Carrying amount
At 31 March 2023
126,000
---------
At 31 March 2022
129,500
---------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
2,923
Other creditors
56,553
56,553
--------
--------
56,553
59,476
--------
--------
6. Controlling party
The company is under the control of Mr Z Alsanjak.