Company Registration No. 12996220 (England and Wales)
National Link Ltd
Unaudited accounts
for the year ended 30 November 2023
National Link Ltd
Unaudited accounts
Contents
National Link Ltd
Company Information
for the year ended 30 November 2023
Company Number
12996220 (England and Wales)
Registered Office
50 Princes Street
Ipswich
Suffolk
IP1 1RJ
England
National Link Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
891,736
881,702
Cash at bank and in hand
16,635
24,862
Creditors: amounts falling due within one year
(335,253)
(287,939)
Net current liabilities
(100,568)
(117,535)
Net assets
791,168
764,167
Called up share capital
1
1
Profit and loss account
791,167
764,166
Shareholders' funds
791,168
764,167
For the year ending 30 November 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 her 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 15 January 2024 and were signed on its behalf by
Natalia Malarova
Director
Company Registration No. 12996220
National Link Ltd
Notes to the Accounts
for the year ended 30 November 2023
National Link Ltd is a private company, limited by shares, registered in England and Wales, registration number 12996220. The registered office is 50 Princes Street, , Ipswich, Suffolk, IP1 1RJ, 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.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
979,668
-
979,668
Additions
-
120,000
120,000
At 30 November 2023
979,668
120,000
1,099,668
At 1 December 2022
97,966
-
97,966
Charge for the year
97,966
12,000
109,966
At 30 November 2023
195,932
12,000
207,932
At 30 November 2023
783,736
108,000
891,736
At 30 November 2022
881,702
-
881,702
Amounts falling due within one year
Trade debtors
45,368
62,800
National Link Ltd
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
163,649
103,475
Taxes and social security
48,686
22,538
Other creditors
14,346
75,364
Loans from directors
45,341
25,341
7
Average number of employees
During the year the average number of employees was 38 (2022: 5).