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REGISTERED NUMBER: 02582504 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Link Properties Limited

Link Properties Limited (Registered number: 02582504)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Link Properties Limited (Registered number: 02582504)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 1,999 1,999

CREDITORS
Amounts falling due within one year 4 14,800 14,800
NET CURRENT LIABILITIES (12,801 ) (12,801 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,801 ) (12,801 )

CAPITAL AND RESERVES
Called up share capital 50 50
Share premium account 16,823 16,823
Retained earnings (29,674 ) (29,674 )
SHAREHOLDERS' FUNDS (12,801 ) (12,801 )

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2024 and were signed by:





Mr P R Jones - Director


Link Properties Limited (Registered number: 02582504)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Link Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02582504

Registered office: 55 Mount Pleasant Road
Wallasey
Wirral
CH45 5EN

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention and in accordance with FRS 102 Section 1A relating to small entities.

The financial statements have been prepared on a going concern basis notwithstanding the deficit in net assets. The main creditor of the company is a related company, to which £12,684 is owed (2023 - £12,684). The director is satisfied that the shareholder is prepared to continue to support the development of the company for the next 12 months.

Financial instruments
The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

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

Basic financial liabilities, including trade and other payables are initially recognised at transaction price, 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. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 117 117
Other creditors 14,683 14,683
14,800 14,800