Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalsefalse2023-01-01No description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00912298 2023-01-01 2023-12-31 00912298 2022-01-01 2022-12-31 00912298 2023-12-31 00912298 2022-12-31 00912298 c:Director1 2023-01-01 2023-12-31 00912298 c:Director2 2023-01-01 2023-12-31 00912298 d:CurrentFinancialInstruments 2023-12-31 00912298 d:CurrentFinancialInstruments 2022-12-31 00912298 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00912298 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 00912298 d:ShareCapital 2023-12-31 00912298 d:ShareCapital 2022-12-31 00912298 d:RetainedEarningsAccumulatedLosses 2023-12-31 00912298 d:RetainedEarningsAccumulatedLosses 2022-12-31 00912298 c:FRS102 2023-01-01 2023-12-31 00912298 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00912298 c:FullAccounts 2023-01-01 2023-12-31 00912298 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00912298 2 2023-01-01 2023-12-31 00912298 6 2023-01-01 2023-12-31 00912298 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 00912298










LINK HOMES (ESSEX) LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LINK HOMES (ESSEX) LTD
REGISTERED NUMBER: 00912298

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
4,530
4,530

  
4,530
4,530

Current assets
  

Stocks
 5 
22,166
22,166

Debtors
 6 
1,312
1,646

Cash at bank and in hand
 7 
115,531
25,156

  
139,009
48,968

Creditors: amounts falling due within one year
 8 
(31,541)
(23,673)

Net current assets
  
 
 
107,468
 
 
25,295

Total assets less current liabilities
  
111,998
29,825

  

Net assets
  
111,998
29,825


Capital and reserves
  

Called up share capital 
  
6
6

Profit and loss account
  
111,992
29,819

  
111,998
29,825


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2024.




J C Hall
M C Hall
Director
Director
Page 1

 
LINK HOMES (ESSEX) LTD
REGISTERED NUMBER: 00912298

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LINK HOMES (ESSEX) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company is a company limited by shares and was incorporated in England. The registered office
address is:
Kingsridge House
601 London Road
Westcliff on Sea
Essex
SS0 9PE
The company registered number is 00912298. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
LINK HOMES (ESSEX) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

  
2.6

Stocks

Stocks are valued at the lower of cost and net realisable value.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
LINK HOMES (ESSEX) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Fixed asset investments





Other unlisted investments

£



Cost or valuation


At 1 January 2023
4,530



At 31 December 2023
4,530





5.


Stocks

2023
2022
£
£

Finished goods and goods for resale
22,166
22,166

22,166
22,166


Page 5

 
LINK HOMES (ESSEX) LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors


2023
2022
£
£



Other debtors
62
-

Prepayments
1,250
1,646

1,312
1,646



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
115,531
25,156

115,531
25,156



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
960
1,150

Corporation tax
-
62

Directors loan account
30,581
22,461

31,541
23,673



9.


Related party transactions

During the year, one of the directors carried out repair works to the company properties amounting to  £3,151.


Page 6