IRIS Accounts Production v24.3.0.553 07784248 Board of Directors Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077842482023-03-31077842482024-03-31077842482023-04-012024-03-31077842482022-03-31077842482022-04-012023-03-31077842482023-03-3107784248ns15:EnglandWales2023-04-012024-03-3107784248ns14:PoundSterling2023-04-012024-03-3107784248ns10:Director12023-04-012024-03-3107784248ns10:Director22023-04-012024-03-3107784248ns10:Director32023-04-012024-03-3107784248ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107784248ns10:SmallEntities2023-04-012024-03-3107784248ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107784248ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107784248ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107784248ns10:FullAccounts2023-04-012024-03-3107784248ns10:Director42023-04-012024-03-3107784248ns10:CompanySecretary12023-04-012024-03-3107784248ns10:RegisteredOffice2023-04-012024-03-3107784248ns5:CurrentFinancialInstruments2024-03-3107784248ns5:CurrentFinancialInstruments2023-03-3107784248ns5:ShareCapital2024-03-3107784248ns5:ShareCapital2023-03-3107784248ns5:RetainedEarningsAccumulatedLosses2024-03-3107784248ns5:RetainedEarningsAccumulatedLosses2023-03-3107784248ns5:PlantMachinery2023-04-012024-03-3107784248ns5:ComputerEquipment2023-04-012024-03-3107784248ns5:PlantMachinery2023-03-3107784248ns5:ComputerEquipment2023-03-3107784248ns5:PlantMachinery2024-03-3107784248ns5:ComputerEquipment2024-03-3107784248ns5:PlantMachinery2023-03-3107784248ns5:ComputerEquipment2023-03-3107784248ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107784248ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107784248ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3107784248ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-31
REGISTERED NUMBER: 07784248 (England and Wales)












GARY LINTON SERVICES (INTERNATIONAL)
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GARY LINTON SERVICES (INTERNATIONAL)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: G M Linton
N Apps
Mrs K B Linton
Ms N B Masters





SECRETARY: Ms N B Masters





REGISTERED OFFICE: Outlook House
School Lane
Hamble
Southampton
Hampshire
SO31 4NB





REGISTERED NUMBER: 07784248 (England and Wales)

GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 76,410 76,354

CURRENT ASSETS
Debtors 5 29,135 220,057
Cash at bank and in hand 371,829 51,542
400,964 271,599
CREDITORS
Amounts falling due within one year 6 (153,244 ) (189,460 )
NET CURRENT ASSETS 247,720 82,139
TOTAL ASSETS LESS CURRENT
LIABILITIES

324,130

158,493

PROVISIONS FOR LIABILITIES (19,103 ) (19,089 )
NET ASSETS 305,027 139,404

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 304,907 139,284
305,027 139,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

BALANCE SHEET - continued
31 MARCH 2024



The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:




G M Linton - Director N Apps - Director




Ms N B Masters - Director


GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Gary Linton Services (International) 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.

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 6 years straight line
Computer equipment - Straight line over 4 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.


GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial assets
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1 April 2023 100,023 4,420 104,443
Additions 4,686 - 4,686
At 31 March 2024 104,709 4,420 109,129
DEPRECIATION
At 1 April 2023 26,023 2,066 28,089
Charge for year 3,778 852 4,630
At 31 March 2024 29,801 2,918 32,719
NET BOOK VALUE
At 31 March 2024 74,908 1,502 76,410
At 31 March 2023 74,000 2,354 76,354

5. DEBTORS
2024 2023
£ £
Amounts falling due within one year:
Trade debtors 13,561 145,353
Other debtors 14,074 73,204
27,635 218,557

Amounts falling due after more than one year:
Other debtors 1,500 1,500

Aggregate amounts 29,135 220,057

GARY LINTON SERVICES (INTERNATIONAL)
LIMITED (REGISTERED NUMBER: 07784248)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 18,815 17,739
Amounts owed to group undertakings 19,936 9,002
Taxation and social security 92,084 5,633
Other creditors 22,409 157,086
153,244 189,460

7. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had future commitments under operating leases which totalled £15,500 (2023 - £20,500).