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Company Registration No. 13459797 (England and Wales)
Link Communication Ltd Unaudited accounts for the year ended 30 June 2023
Link Communication Ltd Unaudited accounts Contents
Page
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Link Communication Ltd Company Information for the year ended 30 June 2023
Director
M Asghar
Company Number
13459797 (England and Wales)
Registered Office
352 LEA BRIDGE ROAD LONDON E10 7LD ENGLAND
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Link Communication Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,138 
937 
Current assets
Inventories
1,750 
1,500 
Debtors
854 
936 
Cash at bank and in hand
1,604 
2,998 
4,208 
5,434 
Creditors: amounts falling due within one year
(19,458)
(13,202)
Net current liabilities
(15,250)
(7,768)
Net liabilities
(14,112)
(6,831)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(14,113)
(6,832)
Shareholders' funds
(14,112)
(6,831)
For the year ending 30 June 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 13 March 2024 and were signed on its behalf by
M Asghar Director Company Registration No. 13459797
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Link Communication Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Link Communication Ltd is a private company, limited by shares, registered in England and Wales, registration number 13459797. The registered office is 352 LEA BRIDGE ROAD, LONDON, E10 7LD, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director believes that with support from the shareholders and creditors continued funding will be provided to support the company and to enable it to meet its day-to-day commitments. As a consequence, the director believes that the company is well placed to manage its business risks successfully. As such, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing the annual report and accounts.
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:
Fixtures & fittings
25%
Computer equipment
25%
Deferred taxation
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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Link Communication Ltd Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
750 
500 
1,250 
Additions
- 
685 
685 
At 30 June 2023
750 
1,185 
1,935 
Depreciation
At 1 July 2022
188 
125 
313 
Charge for the year
188 
296 
484 
At 30 June 2023
376 
421 
797 
Net book value
At 30 June 2023
374 
764 
1,138 
At 30 June 2022
562 
375 
937 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
854 
936 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
113 
- 
Taxes and social security
64 
- 
Other creditors
2,549 
- 
Loans from directors
15,937 
11,602 
Accruals
795 
1,600 
19,458 
13,202 
7
Transactions with related parties
Included in other creditors is an amount of £15,937 (2022:£11,602) owed to Mr M Asghar, a sole director and 100% shareholder of the company.
8
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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