Links Residential Developments (Llanbrynmair) Limited 13864863 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is property development. Digita Accounts Production Advanced 6.30.9574.0 true true true 13864863 2023-02-01 2024-01-31 13864863 2024-01-31 13864863 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2024-01-31 13864863 core:CurrentFinancialInstruments 2024-01-31 13864863 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 13864863 bus:SmallEntities 2023-02-01 2024-01-31 13864863 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13864863 bus:FilletedAccounts 2023-02-01 2024-01-31 13864863 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13864863 bus:RegisteredOffice 2023-02-01 2024-01-31 13864863 bus:Director1 2023-02-01 2024-01-31 13864863 bus:Director2 2023-02-01 2024-01-31 13864863 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-02-01 2024-01-31 13864863 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13864863 core:ParentEntities 2023-02-01 2024-01-31 13864863 1 2023-02-01 2024-01-31 13864863 countries:EnglandWales 2023-02-01 2024-01-31 13864863 2022-01-21 2023-01-31 13864863 2023-01-31 13864863 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-01-31 13864863 core:CurrentFinancialInstruments 2023-01-31 13864863 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13864863

Links Residential Developments (Llanbrynmair) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Links Residential Developments (Llanbrynmair) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Links Residential Developments (Llanbrynmair) Limited

Company Information

Directors

D L Poyner

D G Morgan

Registered office

Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

Accountants

CBSL Accountants Limited
Chartered Accountants
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

 

Links Residential Developments (Llanbrynmair) Limited

(Registration number: 13864863)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

-

117,300

Debtors

5

133,475

-

 

133,475

117,300

Creditors: Amounts falling due within one year

6

(133,279)

(117,740)

Net assets/(liabilities)

 

196

(440)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

96

(540)

Shareholders' funds/(deficit)

 

196

(440)

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 October 2024 and signed on its behalf by:
 


D L Poyner
Director

 

Links Residential Developments (Llanbrynmair) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The parent company will continue to support the company to ensure all liabilities are met as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

 

Links Residential Developments (Llanbrynmair) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Stocks

2024
£

2023
£

Work in progress

-

117,300

5

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

8

133,475

-

   

133,475

-

 

Links Residential Developments (Llanbrynmair) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

8

-

117,200

Accruals and deferred income

 

133,279

540

 

133,279

117,740

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Related party transactions

Summary of transactions with parent

The company was owed a balance of £133,475 (2023 - (£117,200)) by / (to) the parent company, Links Residential Developments Limited, which is included in debtors (2023 - creditors). This balance is unsecured, interest free and with no fixed terms of repayment.
 

9

Parent and ultimate parent undertaking

The company's immediate parent is Links Residential Developments Limited, incorporated in England and Wales.