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REGISTERED NUMBER: 08939340 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Linear Control Systems Maintenance
Limited

Linear Control Systems Maintenance
Limited (Registered number: 08939340)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Linear Control Systems Maintenance
Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: D Davenport
Mrs S Davenport





SECRETARY: Mrs S Davenport





REGISTERED OFFICE: Unit 2
United Business Park
Lowfields Road
Leeds
West Yorkshire
LS12 6UB





REGISTERED NUMBER: 08939340 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
CURRENT ASSETS
Debtors 6 123,609 93,400
Cash at bank 557,475 606,683
681,084 700,083
CREDITORS
Amounts falling due within one year 7 89,754 165,695
NET CURRENT ASSETS 591,330 534,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

591,330

534,388

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 591,230 534,288
SHAREHOLDERS' FUNDS 591,330 534,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by:



D Davenport - Director


Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Linear Control Systems Maintenance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of maintenance services excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Advanced financial instruments are measured at fair value through the profit and loss. Basic financial instruments are shown at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 900,000
AMORTISATION
At 1 March 2022
and 28 February 2023 900,000
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 575 937 1,512
DEPRECIATION
At 1 March 2022
and 28 February 2023 575 937 1,512
NET BOOK VALUE
At 28 February 2023 - - -
At 28 February 2022 - - -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 56,260 93,400
Other debtors 67,349 -
123,609 93,400

Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1,352 69,737
Taxation and social security 18,954 66,057
Other creditors 69,448 29,901
89,754 165,695