Company registration number:
04156771
Link Medical Limited
Unaudited filleted financial statements
30 September 2023
Link Medical Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Link Medical Limited
Directors and other information
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Director |
R W Kenny |
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Company number |
04156771 |
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Registered office |
Little London Road |
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Silchester |
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Berkshire |
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RG7 2PP |
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Business address |
24 Knights Way |
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Camberley |
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Surrey |
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GU15 1EQ |
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Link Medical Limited
Statement of financial position
30 September 2023
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2023 |
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2022 |
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Note |
£ |
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£ |
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£ |
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£ |
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Current assets |
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Debtors |
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5 |
13,042 |
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14,215 |
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Cash at bank and in hand |
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39,446 |
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507,519 |
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_______ |
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_______ |
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52,488 |
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521,734 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
74,728) |
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(
551,760) |
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_______ |
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_______ |
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Net current liabilities |
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(
22,240) |
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(
30,026) |
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_______ |
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_______ |
Total assets less current liabilities |
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(
22,240) |
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(
30,026) |
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_______ |
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_______ |
Net liabilities |
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(
22,240) |
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(
30,026) |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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195 |
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195 |
Profit and loss account |
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(
22,435) |
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(
30,221) |
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_______ |
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_______ |
Shareholders deficit |
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(
22,240) |
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(
30,026) |
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_______ |
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_______ |
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For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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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;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
21 March 2024
, and are signed on behalf of the board by:
R W Kenny
Director
Company registration number:
04156771
Link Medical Limited
Statement of changes in equity
Year ended 30 September 2023
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Called up share capital |
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Profit and loss account |
Total |
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£ |
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£ |
£ |
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At 1 April 2022 |
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195 |
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9,608 |
9,803 |
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Profit/(loss) for the year |
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(
9,904) |
(
9,904) |
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_______ |
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_______ |
_______ |
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Total comprehensive income for the year |
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- |
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(
9,904) |
(
9,904) |
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Dividends paid and payable |
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(
29,925) |
(
29,925) |
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_______ |
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_______ |
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Total investments by and distributions to owners |
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- |
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(
29,925) |
(
29,925) |
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_______ |
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_______ |
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At 30 September 2022 and 1 October 2022 |
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195 |
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(
30,221) |
(
30,026) |
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Profit/(loss) for the year |
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7,786 |
7,786 |
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_______ |
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_______ |
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Total comprehensive income for the year |
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- |
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7,786 |
7,786 |
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_______ |
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_______ |
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At 30 September 2023 |
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195 |
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(
22,435) |
(
22,240) |
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_______ |
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_______ |
_______ |
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Link Medical Limited
Notes to the financial statements
Year ended 30 September 2023
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Brookfields, Little London Road, Silchester, Berkshire, RG7 2PP.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Going concern
The company is reliant on the continuing financial support of its creditors and while there are no reasons to doubt that this support will continue, inherently there can be no certainty in relation to these matters. On this basis, and having regard to the company's anticipated future revenues and costs including repayment of debt where appropriate, together with the expected availability of working capital, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from an inability to meet obligations as they fall due.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation
Taxation for the period 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.
Financial instruments
Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price includingtransaction costs.
Defined contribution plans
The company operates a defined contribution pension scheme. Contributions payable to the company's pensionscheme are charged to profit or loss in the period to which they relate.
4.
Staff costs
The average number of persons employed by the company during the year amounted to
1
(2022:
3
).
The aggregate payroll costs incurred during the year were:
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2023 |
2022 |
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£ |
£ |
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Wages and salaries |
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22,758 |
109,572 |
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Social security costs |
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1,418 |
4,210 |
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Other pension costs |
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- |
25,166 |
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_______ |
_______ |
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24,176 |
138,948 |
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_______ |
_______ |
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5.
Debtors
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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6,942 |
12,731 |
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Other debtors |
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6,100 |
1,484 |
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_______ |
_______ |
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13,042 |
14,215 |
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_______ |
_______ |
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6.
Creditors: amounts falling due within one year
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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12 |
- |
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Trade creditors |
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1,586 |
473,910 |
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Corporation tax |
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(
459) |
- |
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Social security and other taxes |
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3,152 |
1,019 |
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Other creditors |
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70,437 |
76,831 |
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_______ |
_______ |
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74,728 |
551,760 |
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_______ |
_______ |
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7.
Directors advances, credits and guarantees
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During the year the director entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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R W Kenny |
143 |
2,911 |
3,054 |
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_______ |
_______ |
_______ |
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2022 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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R W Kenny |
143 |
- |
143 |
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_______ |
_______ |
_______ |
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