Acorah Software Products - Accounts Production 15.0.600 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12813388 Mr Chrishan Wirasinha Linkby Pty Limited (ABN: 88 630 191 927) true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12813388 2023-06-30 12813388 2024-06-30 12813388 2023-07-01 2024-06-30 12813388 frs-core:CurrentFinancialInstruments 2024-06-30 12813388 frs-core:ShareCapital 2024-06-30 12813388 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12813388 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12813388 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12813388 frs-bus:SmallEntities 2023-07-01 2024-06-30 12813388 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12813388 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12813388 1 2023-07-01 2024-06-30 12813388 frs-bus:Director1 2023-07-01 2024-06-30 12813388 frs-countries:EnglandWales 2023-07-01 2024-06-30 12813388 2022-06-30 12813388 2023-06-30 12813388 2022-07-01 2023-06-30 12813388 frs-core:CurrentFinancialInstruments 2023-06-30 12813388 frs-core:ShareCapital 2023-06-30 12813388 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12813388
Linkby Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Back Office Support Solutions Ltd
Unit 326 Canalot Studios
222 Kensal Road
London
W10 5BN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12813388
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 464,596 214,457
Cash at bank and in hand 336,180 502,347
800,776 716,804
Creditors: Amounts Falling Due Within One Year 5 (897,797 ) (861,266 )
NET CURRENT ASSETS (LIABILITIES) (97,021 ) (144,462 )
TOTAL ASSETS LESS CURRENT LIABILITIES (97,021 ) (144,462 )
NET LIABILITIES (97,021 ) (144,462 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (97,121 ) (144,562 )
SHAREHOLDERS' FUNDS (97,021) (144,462)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Chrishan Wirasinha
Director
9th September 2024
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Linkby Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12813388 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company’s business activities, together with the factors likely to affect its future development and position, do not cast significant doubt about the company's ability to continue as a going concern.
The company is expected to continue to generate positive cash flows on its own account for the foreseeable future. The company participates in the group’s centralised treasury arrangements and so shares banking arrangements with its parent.
The director, having assessed the responses of the directors of the company’s parent Linkby PTY Ltd to their enquiries have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Linkby PTY Ltd Group to continue as a going concern or its ability to continue with the current banking arrangements.
On the basis of their assessment of the company’s financial position and of the enquiries made of the directors of Linkby PTY Ltd, the company’s director has a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 1)
15 1
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 218,129 69,971
Other debtors 187,596 144,486
405,725 214,457
Due after more than one year
Amounts owed by group undertakings 58,871 -
464,596 214,457
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 613,397 595,305
Amounts owed to participating interests - 30,734
Other creditors 235,025 177,589
Taxation and social security 49,375 57,638
897,797 861,266
6. Related Party Transactions
At the end of the period, the amount due to Linkby Pty Limited was NIL (2023: £30,733.63).
At the end of the period, the amount owed from Linkby Pty Limited was 54,751.99 (2023: NIL).
At the end of the period, the amount owed from Linkby US was 4,119 (2023: NIL).
During the year the company provided Marketing and Sales services to Linkby Pty Limited of £115,954.57 (2023: £203,878.31) and received Routine/Support services of £109,043.72 (2023: NIL). 
7. Ultimate Controlling Party
The company's ultimate controlling party is Linkby Pty Limited (ABN: 88 630 191 927) by virtue of their ownership of 100% of the issued share capital in the company. Linkby Pty Ltd is based in Australia in the state of New South Wales
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