IRIS Accounts Production v24.2.0.383 09182087 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091820872022-08-31091820872023-08-31091820872022-09-012023-08-31091820872021-08-31091820872021-09-012022-08-31091820872022-08-3109182087ns15:EnglandWales2022-09-012023-08-3109182087ns14:PoundSterling2022-09-012023-08-3109182087ns10:Director12022-09-012023-08-3109182087ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3109182087ns10:SmallEntities2022-09-012023-08-3109182087ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3109182087ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3109182087ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3109182087ns10:FullAccounts2022-09-012023-08-3109182087ns10:Director22022-09-012023-08-3109182087ns10:Director32022-09-012023-08-3109182087ns10:RegisteredOffice2022-09-012023-08-3109182087ns5:CurrentFinancialInstruments2023-08-3109182087ns5:CurrentFinancialInstruments2022-08-3109182087ns5:ShareCapital2023-08-3109182087ns5:ShareCapital2022-08-3109182087ns5:RetainedEarningsAccumulatedLosses2023-08-3109182087ns5:RetainedEarningsAccumulatedLosses2022-08-3109182087ns5:PlantMachinery2022-08-3109182087ns5:PlantMachinery2022-09-012023-08-3109182087ns5:PlantMachinery2023-08-3109182087ns5:PlantMachinery2022-08-3109182087ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3109182087ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 09182087 (England and Wales)















Financial Statements for the Year Ended 31st August 2023

for

Prolink Security & Electrical Limited

Prolink Security & Electrical Limited (Registered number: 09182087)






Contents of the Financial Statements
for the Year Ended 31st August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Prolink Security & Electrical Limited

Company Information
for the Year Ended 31st August 2023







DIRECTORS: A G Edmondson
R Speak
M Greenwood





REGISTERED OFFICE: 13 Edmond Castle
Corby Hill
Carlisle
Cumbria
CA4 8QD





REGISTERED NUMBER: 09182087 (England and Wales)





ACCOUNTANTS: Farries Kirk & McVean
Dumfries Enterprise Park
Heathhall
Dumfries
DUMFRIESSHIRE
DG1 3SJ

Prolink Security & Electrical Limited (Registered number: 09182087)

Balance Sheet
31st August 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 110 130

CURRENT ASSETS
Debtors 5 215,786 216,586
Cash at bank 962 1,342
216,748 217,928
CREDITORS
Amounts falling due within one year 6 (250,037 ) (250,037 )
NET CURRENT LIABILITIES (33,289 ) (32,109 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(33,179

)

(31,979

)

PROVISIONS FOR LIABILITIES (21 ) (25 )
NET LIABILITIES (33,200 ) (32,004 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (33,300 ) (32,104 )
(33,200 ) (32,004 )

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th August 2024 and were signed on its behalf by:





A G Edmondson - Director


Prolink Security & Electrical Limited (Registered number: 09182087)

Notes to the Financial Statements
for the Year Ended 31st August 2023

1. STATUTORY INFORMATION

Prolink Security & Electrical 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.

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

Amounts written off each asset over the estimated useful life represent cost less residual value.

Taxation
Taxation for the year 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.

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.

Financial instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non current liabilities.

Borrowings
Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transactions costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Prolink Security & Electrical Limited (Registered number: 09182087)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st September 2022
and 31st August 2023 360
DEPRECIATION
At 1st September 2022 230
Charge for year 20
At 31st August 2023 250
NET BOOK VALUE
At 31st August 2023 110
At 31st August 2022 130

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 215,786 215,786
Other debtors - 800
215,786 216,586

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 91,199 91,200
Other creditors 158,838 158,837
250,037 250,037