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REGISTERED NUMBER: 01344446 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31st July 2023

for

LINK CHARTERING LIMITED

LINK CHARTERING LIMITED (REGISTERED NUMBER: 01344446)

Contents of the Financial Statements
for the year ended 31st July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LINK CHARTERING LIMITED

Company Information
for the year ended 31st July 2023







DIRECTOR: W R Abraham





REGISTERED OFFICE: 1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR





REGISTERED NUMBER: 01344446 (England and Wales)





ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR

LINK CHARTERING LIMITED (REGISTERED NUMBER: 01344446)

Balance Sheet
31st July 2023

31/7/23 31/7/22
Notes £    £   
CURRENT ASSETS
Debtors 5 395 949
Cash at bank 144,223 524,334
144,618 525,283
CREDITORS
Amounts falling due within one year 6 107,244 482,092
NET CURRENT ASSETS 37,374 43,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,374

43,191

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 8 27,374 33,191
SHAREHOLDERS' FUNDS 37,374 43,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th February 2024 and were signed by:





W R Abraham - Director


LINK CHARTERING LIMITED (REGISTERED NUMBER: 01344446)

Notes to the Financial Statements
for the year ended 31st July 2023


1. STATUTORY INFORMATION

Link Chartering 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

LINK CHARTERING LIMITED (REGISTERED NUMBER: 01344446)

Notes to the Financial Statements - continued
for the year ended 31st July 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st August 2022
and 31st July 2023 389
DEPRECIATION
At 1st August 2022
and 31st July 2023 389
NET BOOK VALUE
At 31st July 2023 -
At 31st July 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Tax 97 -
VAT 298 949
395 949

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade creditors - 386,450
Tax - 632
Other creditors 400 400
Directors' current accounts 104,734 94,610
Accrued expenses 2,110 -
107,244 482,092

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31/7/23 31/7/22
value: £    £   
10,000 Share capital 1 £1 10,000 10,000

10,000 Ordinary shares of £1 each were allotted at par during the year.

LINK CHARTERING LIMITED (REGISTERED NUMBER: 01344446)

Notes to the Financial Statements - continued
for the year ended 31st July 2023


8. RESERVES
Retained
earnings
£   

At 1st August 2022 33,191
Deficit for the year (5,817 )
At 31st July 2023 27,374

9. ULTIMATE CONTROLLING PARTY

The controlling party is W R Abraham.