IRIS Accounts Production v24.2.0.383 08939340 Board of Directors 1.3.23 28.2.24 28.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089393402023-02-28089393402024-02-28089393402023-03-012024-02-28089393402022-02-28089393402022-03-012023-02-28089393402023-02-2808939340ns15:EnglandWales2023-03-012024-02-2808939340ns14:PoundSterling2023-03-012024-02-2808939340ns10:Director12023-03-012024-02-2808939340ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2808939340ns10:SmallEntities2023-03-012024-02-2808939340ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2808939340ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2808939340ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2808939340ns10:FullAccounts2023-03-012024-02-280893934012023-03-012024-02-2808939340ns10:Director22023-03-012024-02-2808939340ns10:CompanySecretary12023-03-012024-02-2808939340ns10:RegisteredOffice2023-03-012024-02-2808939340ns5:CurrentFinancialInstruments2024-02-2808939340ns5:CurrentFinancialInstruments2023-02-2808939340ns5:ShareCapital2024-02-2808939340ns5:ShareCapital2023-02-2808939340ns5:RetainedEarningsAccumulatedLosses2024-02-2808939340ns5:RetainedEarningsAccumulatedLosses2023-02-2808939340ns5:NetGoodwill2023-03-012024-02-2808939340ns5:FurnitureFittings2023-03-012024-02-2808939340ns5:ComputerEquipment2023-03-012024-02-2808939340ns5:NetGoodwill2023-02-2808939340ns5:NetGoodwill2024-02-2808939340ns5:NetGoodwill2023-02-2808939340ns5:FurnitureFittings2023-02-2808939340ns5:ComputerEquipment2023-02-2808939340ns5:FurnitureFittings2024-02-2808939340ns5:ComputerEquipment2024-02-2808939340ns5:FurnitureFittings2023-02-2808939340ns5:ComputerEquipment2023-02-2808939340ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2808939340ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 08939340 (England and Wales)















Financial Statements for the Year Ended 28 February 2024

for

Linear Control Systems Maintenance
Limited

Linear Control Systems Maintenance
Limited (Registered number: 08939340)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Linear Control Systems Maintenance
Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: D Davenport
Mrs S Davenport





SECRETARY: Mrs S Davenport





REGISTERED OFFICE: Unit 2
United Business Park
Lowfields Road
Leeds
West Yorkshire
LS12 6UB





REGISTERED NUMBER: 08939340 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £   
CURRENT ASSETS
Debtors 6 486,141 123,609
Cash at bank 555,641 557,475
1,041,782 681,084
CREDITORS
Amounts falling due within one year 7 238,827 89,754
NET CURRENT ASSETS 802,955 591,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

802,955

591,330

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 802,855 591,230
SHAREHOLDERS' FUNDS 802,955 591,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:



D Davenport - Director


Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Linear Control Systems Maintenance 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.

Turnover
Turnover represents net invoiced sales of maintenance services excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Advanced financial instruments are measured at fair value through the profit and loss. Basic financial instruments are shown at amortised cost.

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.

Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 28 February 2024 900,000
AMORTISATION
At 1 March 2023
and 28 February 2024 900,000
NET BOOK VALUE
At 28 February 2024 -
At 28 February 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023
and 28 February 2024 575 937 1,512
DEPRECIATION
At 1 March 2023
and 28 February 2024 575 937 1,512
NET BOOK VALUE
At 28 February 2024 - - -
At 28 February 2023 - - -

Linear Control Systems Maintenance
Limited (Registered number: 08939340)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 418,390 56,260
Other debtors 67,751 67,349
486,141 123,609

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 72,662 1,352
Taxation and social security 70,618 18,954
Other creditors 95,547 69,448
238,827 89,754