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REGISTERED NUMBER: 13806997 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Etplink Ltd

Etplink Ltd (Registered number: 13806997)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Etplink Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N C S Buhl
P C H Deaner
P J Carroll





REGISTERED OFFICE: Salisbury House, 29 Finsbury Circus
London Wall
EC2M 5QQ





REGISTERED NUMBER: 13806997 (England and Wales)





ACCOUNTANTS: Price & Accountants Ltd
WeWork
3 Waterhouse Square
138 - 142 Holborn
London
EC1N 2SW

Etplink Ltd (Registered number: 13806997)

Balance Sheet
31 December 2023

31.12.23 31.12.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,315 2,594

CURRENT ASSETS
Debtors 5 401,554 173,180
Investments 6 900,000 -
Cash at bank 427,338 2,555,533
1,728,892 2,728,713
CREDITORS
Amounts falling due within one year 7 132,381 71,934
NET CURRENT ASSETS 1,596,511 2,656,779
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,600,826

2,659,373

CAPITAL AND RESERVES
Called up share capital 3,333 3,333
Share premium 3,389,330 3,389,330
Capital redemption reserve (19,381 ) -
Retained earnings (1,772,456 ) (733,290 )
1,600,826 2,659,373

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Etplink Ltd (Registered number: 13806997)

Balance Sheet - continued
31 December 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 August 2024 and were signed on its behalf by:





N C S Buhl - Director


Etplink Ltd (Registered number: 13806997)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Etplink Ltd 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.
Computer equipment - 25% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Etplink Ltd (Registered number: 13806997)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023 2,903
Additions 2,734
At 31 December 2023 5,637
DEPRECIATION
At 1 January 2023 309
Charge for year 1,013
At 31 December 2023 1,322
NET BOOK VALUE
At 31 December 2023 4,315
At 31 December 2022 2,594

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
as restated
£    £   
Other debtors 401,554 173,180

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
as restated
£    £   
Treasury bond 900,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
as restated
£    £   
Trade creditors 87,088 61,232
Taxation and social security 39,092 9,702
Other creditors 6,201 1,000
132,381 71,934

8. ULTIMATE CONTROLLING PARTY

The controlling party is River View Investments II LLC.

9. INVESTMENT

Investment in treasury bond of £900,000 was invested on a fixed term for three months, which has a maturity date in March 2024.