Registered number
11513051
Report of the Directors and
Consolidated Financial Statements
for the Year Ended 31 March 2024
for
Interlink Direct Holdings Limited
Interlink Direct Holdings Limited
Report and accounts
Contents
Page
Company information 1
Directors' report 2-3
Strategic report 4
Independent auditor's report 5-6
Income statement 7
Statement of comprehensive income 8
Statement of financial position 9-10
Statement of changes in equity 11
Statement of cash flows 12
Notes to the financial statements 13-20
Interlink Direct Holdings Limited
Company Information
Directors
Ms Y H Kwok
Auditors
Man & Co
114 Hamlet Court Road
Westcliff on sea
Essex
SS0 7LP
Registered office
402-404 Roding Lane South
Woodford Green
Essex
IG8 8EY
Registered number
11513051
Interlink Direct Holdings Limited
Registered number: 11513051
Directors' Report
The directors present their report and financial statements for the year ended 31 March 2024.
Principal activities
The company's principal activity during the year continued to be those of importers, wholesalers and the distributors of oriental foods and general products.
Financial instrument risk
The company's financial risk management objective is broadly to make neither profit nor loss from
exposure to currency or interest rate risks. Its policy is to pay suppliers in accordance with their
stated terms, matching the maturity of the forward contract currency purchases.

The company finances its working capital and the purchase of fixed assets through retained
earnings. The company's exposure to the price risk of financial instruments is therefore minimal. As the counterparties to all financial instruments are its bankers, it is exposed to minimal credit and liquidity risks in respect of these instruments.

The director do not consider any other risks attaching to the use of financial instruments to be
material to an assessment of its financial position or profit.
Dividends
The profit for the year, after taxation, amounted to £4,341,839 (2023: £9,759,419).
The company paid an interim dividends during the year of £105,000 (2023: £76,000 ).
The directors do not recommend the payment of final dividends.
Directors
The following persons served as directors during the year:
Ms Y H Kwok
Directors' responsibilities
The directors are responsible for preparing the report and financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Disclosure of information to auditors
Each person who was a director at the time this report was approved confirms that:
so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.
This report was approved by the board on 3 September 2024 and signed on its behalf.
Ms Y H Kwok
Director
Interlink Direct Holdings Limited
Strategic Report
The directors present their strategic report on the company for the year ended 31 March 2024.
The directors aim to present a balanced and comprehensive review of the development and performance of the company's business during the year and its position at the year end. The review is consistent with the size and non-complex nature of the business and is written in the context of the risks and uncertainties the company faces.
Business review
Although there has been a decline in inflation rates during the year, the weak sterling currency and intense market competitiveness have negatively impacted the turnover and profit for the year.
The directors continue to review the ongoing activities of the company on a regular basic although trading conditions remain difficult and challenging.
Principal risk and uncertainties
The business environment in which the company operates continues to be challenging as it is subject to consumers' spending patterns and disposable income.
The energy costs continued to increase, albeit there are signs the cost are slowly coming down. The supply chains are significantly impacted by the conflict in the Middle East and Ukraine, causing substantial increase in freight costs.
A tight labour market due to Brexit has resulted in the reduced availability of the workforce. Therefore, this has caused an increase in employment cost.
Despite the factors mentioned above, the directors believe that the company is well-prepared to deal with any potential changes in the business environment. They are confident in their ability to manage it effectively.
Financial key performance indicators
The directors consider that the company's key financial performance indicators are those that communicate its financial performance and strength as a whole and these are:
2024 2023
Turnover (UK) 51,297,728 56,895,177
Turnover (Europe) 202,037 212,532
Total Turnover 51,499,765 57,107,709
Gross profit margin 19% 28%
Profit before tax 5,878,138 12,041,495
This report was approved by the board on 3 September 2024 and signed on its behalf.
Ms Y H Kwok
Director
Interlink Direct Holdings Limited
Independent auditor's report
to the members of Interlink Direct Holdings Limited
Opinion
We have audited the financial statements of Interlink Direct Holdings Limited (the 'company') for the year ended 31 March 2024 which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the company's affairs as at 31 March 2024 and of its profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the strategic report and the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the strategic report and the directors’ report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors’ remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responsibilities of directors
As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
[Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud.]
A further description of our responsibilities for the audit of the financial statements is available on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Mr Victor Man
(Senior Statutory Auditor) 114 Hamlet Court Road
for and on behalf of Westcliff on sea
Man & Co
Statutory Auditor Essex
3 September 2024 SS0 7LP
Interlink Direct Holdings Limited
Income Statement
for the year ended 31 March 2024
Notes 2024 2023
£ £
Turnover 2 51,499,765 57,107,709
Cost of sales (41,711,656) (41,339,082)
Gross profit 9,788,109 15,768,627
Administrative expenses (4,331,409) (3,805,078)
Operating profit 3 5,456,700 11,963,549
Profit/(loss) on sale of fixed assets 7,210 (2,238)
Interest receivable 414,228 111,149
Interest payable 6 - (30,965)
Profit on ordinary activities before taxation 5,878,138 12,041,495
Tax on profit on ordinary activities 7 (1,536,299) (2,282,076)
Profit for the financial year 4,341,839 9,759,419
Interlink Direct Holdings Limited
Statement of Comprehensive Income
for the year ended 31 March 2024
Notes 2024 2023
£ £
Profit for the financial year 4,341,839 9,759,419
Other comprehensive income
Loss on revaluation of land and buildings 9 - (590,075)
Total comprehensive income for the year 4,341,839 9,169,344
Interlink Direct Holdings Limited
Statement of Financial Position
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 8 250 -
Tangible assets 9 14,138,897 14,239,716
14,139,147 14,239,716
Current assets
Stocks 10 10,338,809 8,024,523
Debtors 11 5,485,298 5,786,842
Cash at bank and in hand 13,743,184 6,343,829
29,567,291 20,155,194
Creditors: amounts falling due within one year 12 (8,817,958) (3,780,415)
Net current assets 20,749,333 16,374,779
Total assets less current liabilities 34,888,480 30,614,495
Provisions for liabilities
Deferred taxation 13 (153,608) (116,462)
Net assets 34,734,872 30,498,033
Capital and reserves
Called up share capital 14 2 2
Other reserves 15 1,865,840 1,865,840
Profit and loss account 16 32,869,030 28,632,191
Total equity 34,734,872 30,498,033
Ms Y H Kwok
Director
Approved by the board on 3 September 2024
Statement of Financial Position for
Interlink Direct Holdings Limited
as at year ended 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 3
3 3
Current assets
Debtors 86,250 57,250
Sundry 2 2
86,252 57,252
Creditors: amounts falling due within one year (92,653) (57,653)
Net current liabilities (6,401) (401)
Total assets less current liabilities (6,398) (398)
- -
Net liabilities (6,398) (398)
Capital and reserves
Called up share capital 2 2
Profit and loss account (6,400) (400)
Total equity (6,398) (398)
- -
Ms Y H Kwok
Director
Approved by the board on 3 September 2024
Interlink Direct Holdings Limited
Statement of Changes in Equity
for the year ended 31 March 2024
Share Share Other Profit Total
capital premium reserves and loss
account
£ £ £ £ £
At 1 April 2022 2 - 2,455,915 18,948,772 21,404,689
Profit for the financial year 9,759,419 9,759,419
Loss on revaluation of land and buildings (590,075) (590,075)
Other comprehensive income for the financial year - - (590,075) - (590,075)
Total comprehensive income for the financial year - - (590,075) 9,759,419 9,169,344
Dividends (76,000) (76,000)
At 31 March 2023 2 - 1,865,840 28,632,191 30,498,033
At 1 April 2023 2 - 1,865,840 28,632,191 30,498,033
Profit for the financial year 4,341,839 4,341,839
Dividends (105,000) (105,000)
At 31 March 2024 2 - 1,865,840 32,869,030 34,734,872
Interlink Direct Holdings Limited
Statement of Cash Flows
for the year ended 31 March 2024
Notes 2024 2023
£ £
Operating activities
Profit for the financial year 4,341,839 9,759,419
Adjustments for:
(Profit)/loss on sale of fixed assets (7,210) 2,238
Interest receivable (414,228) (111,149)
Interest payable - 30,965
Tax on profit on ordinary activities 1,536,299 2,282,076
Depreciation 449,949 402,301
Increase in stocks (2,314,286) (986,465)
Decrease/(increase) in debtors 301,544 (614,458)
Increase/(decrease) in creditors 5,773,364 (3,111,849)
9,667,271 7,653,078
Interest received 414,228 111,149
Interest paid - (30,965)
Corporation tax paid (2,234,974) (1,162,755)
Cash generated by operating activities 7,846,525 6,570,507
Investing activities
Payments to acquire intangible fixed assets (250) -
Payments to acquire tangible fixed assets (373,261) (8,046,689)
Proceeds from sale of tangible fixed assets 31,341 -
Cash used in investing activities (342,170) (8,046,689)
Financing activities
Equity dividends paid (105,000) (76,000)
Repayment of loans - (1,608,132)
Cash used in financing activities (105,000) (1,684,132)
Net cash generated/(used)
Cash generated by operating activities 7,846,525 6,570,507
Cash used in investing activities (342,170) (8,046,689)
Cash used in financing activities (105,000) (1,684,132)
Net cash generated/(used) 7,399,355 (3,160,314)
Cash and cash equivalents at 1 April 6,343,829 9,504,143
Cash and cash equivalents at 31 March 13,743,184 6,343,829
Cash and cash equivalents comprise:
Cash at bank 13,743,184 6,343,829
Interlink Direct Holdings Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Summary of significant accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Plant and machinery over 5 years
Motor vehicle 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Functional and foreign currencies
The company's functional currency is sterling. 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Foreign currency forward contracts
The fair value of the foreign currency forward contracts is determined using quoted forward
exchange rates at the reporting date and present value calculations based on high credit quality
yield curves in the respective currencies.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Analysis of turnover 2024 2023
£ £
Sale of goods 51,499,765 57,107,709
By geographical market:
UK 51,297,728 56,895,177
Europe 202,037 212,532
51,499,765 57,107,709
3 Operating profit 2024 2023
£ £
This is stated after charging:
Depreciation of owned fixed assets 449,949 402,301
Operating lease rentals - land and buildings 85,510 85,510
Auditors' remuneration for audit services 10,000 10,000
Carrying amount of stock sold 44,025,942 42,325,547
4 Directors' emoluments 2024 2023
£ £
Emoluments 89,000 84,000
5 Staff costs 2024 2023
£ £
Wages and salaries 2,196,944 2,068,933
Social security costs 213,496 210,437
Other pension costs 26,301 20,172
2,436,741 2,299,542
Average number of employees during the year Number Number
Administration 31 27
Distribution 39 43
70 70
6 Interest payable 2024 2023
£ £
Bank loans and overdrafts - 30,378
Other loans - 587
- 30,965
7 Taxation 2024 2023
£ £
Analysis of charge in period
Current tax:
UK corporation tax on profits of the period 1,499,153 2,234,974
Deferred tax:
Origination and reversal of timing differences 37,146 47,102
Tax on profit on ordinary activities 1,536,299 2,282,076
Factors affecting tax charge for period
The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:
2024 2023
£ £
Profit on ordinary activities before tax 5,878,138 12,041,495
Standard rate of corporation tax in the UK 25% 19%
£ £
Profit on ordinary activities multiplied by the standard rate of corporation tax 1,469,535 2,287,884
Effects of:
Expenses not deductible for tax purposes 29,618 (52,910)
Current tax charge for period 1,499,153 2,234,974
8 Intangible fixed assets £
Trademark:
Cost
Additions 250
At 31 March 2024 250
Amortisation
At 31 March 2024 -
Carrying amount
At 31 March 2024 250
9 Tangible fixed assets
Land and buildings Plant and machinery Fixtures, fittings, tools and equipment Total
At cost At cost At cost
£ £ £ £
Cost or valuation
At 1 April 2023 14,171,692 2,387,772 328,134 16,887,598
Additions - 56,793 316,468 373,261
Disposals - - (90,589) (90,589)
At 31 March 2024 14,171,692 2,444,565 554,013 17,170,270
Depreciation
At 1 April 2023 779,571 1,670,315 197,996 2,647,882
Charge for the year 104,379 239,951 105,619 449,949
On disposals - - (66,458) (66,458)
At 31 March 2024 883,950 1,910,266 237,157 3,031,373
Carrying amount
At 31 March 2024 13,287,742 534,299 316,856 14,138,897
At 31 March 2023 13,392,121 717,457 130,138 14,239,716
10 Stocks 2024 2023
£ £
Finished goods and goods for resale 10,338,809 8,024,523
11 Debtors 2024 2023
£ £
Trade debtors 4,798,660 5,049,299
Other debtors 520,054 548,784
Prepayments and accrued income 166,584 188,759
5,485,298 5,786,842
12 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 6,959,490 1,237,093
Corporation tax 1,499,153 2,234,974
Other taxes and social security costs 154,869 163,381
Other creditors 174,345 121,760
Accruals and deferred income 30,101 23,207
8,817,958 3,780,415
13 Deferred taxation 2024 2023
£ £
Accelerated capital allowances 153,608 116,462
2024 2023
£ £
At 1 April 116,462 69,360
Charged to the profit and loss account 37,146 47,102
At 31 March 153,608 116,462
14 Share capital Nominal 2024 2024 2023
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each - 2 2
15 Other reserves 2024 2023
Revaluation reserve £ £
At 1 April 1,865,840 2,455,915
Loss on revaluation of land and buildings - (590,075)
At 31 March 1,865,840 1,865,840
16 Profit and loss account 2024 2023
£ £
At 1 April 28,632,191 18,948,772
Profit for the financial year 4,341,839 9,759,419
Dividends (105,000) (76,000)
At 31 March 32,869,030 28,632,191
17 Dividends 2024 2023
£ £
Dividends on ordinary shares (note 16) 105,000 76,000
18 Other financial commitments
Total future minimum lease payments under non-cancellable operating leases:
Land and buildings Land and buildings Other Other
2024 2023 2024 2023
£ £ £ £
Falling due:
within two to five years 56,302 56,302 - -
19 Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102.'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group
2024 2023
Key management personnel of the company
Key management personnel renumeration 89,000 84,000
20 Controlling party
The company is under the control of the direct, Ms Y H Kowk by virtue of her shareholdings in the company.
21 Presentation currency
The financial statements are presented in Sterling.
22 Legal form of entity and country of incorporation
Interlink Direct Holdings Limited is a private company limited by shares and incorporated in England.
23 Principal subsidaries
The following UK incorporated companies are fully owned by interlink Direct Holdings Limited either directly or under common control:
Interlink Direct Limited
Interlink Direct Properties Limited
24 Investment in subsidiary
The group or company's investments at the Statement of Financial Position date in the share
Subsidiaries
Interlink Direct Limited
Register office: 402-404 Roding Lane South, Woodford Green, Essex, IG8 8EY
Nature of business: Agent and wholesales of consumable goods
% Holding
Class of shares:
Ordinary shares 100
2024 2023
Aggregated capital and reserves 34,855,350 30,521,352
Profit for the year 7,838,570 12,064,814
There is 2 share capital included in the aggregated capital and reserve, which are owned by Interlink Direct Holdings Limited.
Interlink Direct Properties Limited
Register office: 402-404 Roding Lane South, Woodford Green, Essex, IG8 8EY
Nature of business: Letting and operating of own leased real estate
% Holding
Class of shares:
Ordinary shares 100
2024 2023
Aggregated capital and reserves (114,069) (22,918)
(Loss)/profit for the year (88,593) (22,919)
There is 1 share capital included in the aggregated capital and reserve, which are owned by Interlink Direct Holdings Limited.
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