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REGISTERED NUMBER: 02128591 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

INTERLINK DESIGN & DISPLAY LIMITED

INTERLINK DESIGN & DISPLAY LIMITED (REGISTERED NUMBER: 02128591)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


INTERLINK DESIGN & DISPLAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: W E Manton
M Manton
T E Manton
J C Manton-Armstrong





SECRETARY: M Manton





REGISTERED OFFICE: Units 1-4
Station Road
Coleshill
Birmingham
B46 1HT





REGISTERED NUMBER: 02128591 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
161 Newhall Street
Birmingham
B3 1SW

INTERLINK DESIGN & DISPLAY LIMITED (REGISTERED NUMBER: 02128591)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,812 48,924
Investments 5 100 100
40,912 49,024

CURRENT ASSETS
Stocks 4,696 3,849
Debtors 6 18,605 46,668
Cash at bank and in hand 380,552 434,320
403,853 484,837
CREDITORS
Amounts falling due within one year 7 286,758 350,060
NET CURRENT ASSETS 117,095 134,777
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,007

183,801

CREDITORS
Amounts falling due after more than one
year

8

(21,600

)

(31,570

)

PROVISIONS FOR LIABILITIES (2,652 ) (9,206 )
NET ASSETS 133,755 143,025

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 21,834 21,834
Retained earnings 111,721 120,991
SHAREHOLDERS' FUNDS 133,755 143,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

INTERLINK DESIGN & DISPLAY LIMITED (REGISTERED NUMBER: 02128591)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:





T E Manton - Director


INTERLINK DESIGN & DISPLAY LIMITED (REGISTERED NUMBER: 02128591)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Interlink Design & Display Limited is a private company, limited by shares, registered in England. The company's registered number is 02128591 and the registered office address is Units 1-4 Station Road, Coleshill, Birmingham, West Midlands, B46 1HT.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is derived from the principle activity of the company, which is the design and manufacture of exhibitions stands. Revenue is recognised when the stands have been delivered and commissioned on site. Turnover is stated net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is defined in relation to the various categories of stock as being that expenditure which has been incurred in the normal course of business in bringing the product to its present location and condition. This expenditure includes, in addition to the cost of purchase such costs of conversion as are appropriate to that location and condition, on a first-in first-out basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.


INTERLINK DESIGN & DISPLAY LIMITED (REGISTERED NUMBER: 02128591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Exhibition stands
In order to match costs with revenue, where the company manufactures for its customers re-usable exhibition stands, the costs of manufacturing the stands, where these are not recovered in full with the usual margin at the initial usage of the stand ( including materials and labour costs), the unrecovered balance is then carried forward as a deferred cost. This value is then written down on the basis of the stand's usage. As each stand is unique to the company and its customer it has no resale value. The value reflected in the accounts represents the costs deferred to future accounting periods where further usage of the stands is anticipated.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 July 2022
and 30 June 2023 38,046 102,114 51,354 54,100 245,614
DEPRECIATION
At 1 July 2022 38,046 66,692 45,584 46,368 196,690
Charge for year - 5,313 866 1,933 8,112
At 30 June 2023 38,046 72,005 46,450 48,301 204,802
NET BOOK VALUE
At 30 June 2023 - 30,109 4,904 5,799 40,812
At 30 June 2022 - 35,422 5,770 7,732 48,924

INTERLINK DESIGN & DISPLAY LIMITED (REGISTERED NUMBER: 02128591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2022
and 30 June 2023 100
NET BOOK VALUE
At 30 June 2023 100
At 30 June 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,352 41,407
Other debtors 5,253 5,261
18,605 46,668

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,971 9,727
Trade creditors 18,715 51,784
Amounts owed to group undertakings 217,919 212,919
Taxation and social security 14,825 34,853
Other creditors 25,328 40,777
286,758 350,060

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 21,600 31,570