1 December 2022 v2024.60.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP116638912022-12-012023-11-30116638912023-11-30116638912022-11-3011663891core:WithinOneYear2023-11-3011663891core:WithinOneYear2022-11-3011663891core:AfterOneYear2023-11-3011663891core:ShareCapital2023-11-3011663891core:ShareCapital2022-11-3011663891core:RetainedEarningsAccumulatedLosses2023-11-3011663891core:RetainedEarningsAccumulatedLosses2022-11-3011663891bus:Director12022-12-012023-11-3011663891bus:RegisteredOffice2022-12-012023-11-3011663891core:OtherResidualIntangibleAssets2022-12-012023-11-3011663891core:OfficeEquipment2022-12-012023-11-30116638912021-12-012022-11-3011663891core:IntangibleAssetsOtherThanGoodwill2023-11-3011663891core:IntangibleAssetsOtherThanGoodwill2022-12-0111663891core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011663891core:IntangibleAssetsOtherThanGoodwill2022-11-3011663891core:PlantMachinery2023-11-3011663891core:PlantMachinery2022-12-0111663891core:PlantMachinery2022-12-012023-11-3011663891core:PlantMachinery2022-11-3011663891core:TransfersBetweenInvestmentClassesIncreaseDecreaseInInvestments2023-11-3011663891core:CostValuation2023-11-301166389112022-12-012023-11-3011663891countries:EnglandWales2022-12-012023-11-3011663891bus:AuditExemptWithAccountantsReport2022-12-012023-11-3011663891bus:PrivateLimitedCompanyLtd2022-12-012023-11-3011663891bus:SmallEntities2022-12-012023-11-3011663891bus:FullAccounts2022-12-012023-11-30
Company registration number:
11663891
Link Go Scs Ltd
Unaudited Filleted Financial Statements for the year ended
30 November 2023
Link Go Scs Ltd
Statement of Financial Position
30 November 2023
20232022
Note££
Fixed assets    
Intangible assets 5
5,814
 
8,721
 
Tangible assets 6
4,873
 
7,310
 
Investments 7
50,000
  -  
60,687
 
16,031
 
Current assets    
Debtors 8
274,400
 
107,466
 
Cash at bank and in hand
55,610
 
10,724
 
330,010
 
118,190
 
Creditors: amounts falling due within one year 9
(259,397
)
(108,254
)
Net current assets
70,613
 
9,936
 
Total assets less current liabilities 131,300   25,967  
Creditors: amounts falling due after more than one year 10
(100,000
) -  
Net assets
31,300
 
25,967
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
31,200
 
25,867
 
Shareholders funds
31,300
 
25,967
 
For the year ending
30 November 2023
, 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 financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
21 November 2024
, and are signed on behalf of the board by:
J Ma
Director
Company registration number:
11663891
Link Go Scs Ltd
Notes to the Financial Statements
Year ended
30 November 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Centurion House,
,
London Road
,
Staines-Upon-Thames
,
Surrey
,
TW18 4AX
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Other intangible assets
20% straight line

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
20% straight line

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
4
(2022:
5.00
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 December 2022
and
30 November 2023
14,535
 
Amortisation  
At
1 December 2022
5,814
 
Charge
2,907
 
At
30 November 2023
8,721
 
Carrying amount  
At
30 November 2023
5,814
 
At 30 November 2022
8,721
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 December 2022
and
30 November 2023
12,182
 
Depreciation  
At
1 December 2022
4,872
 
Charge
2,437
 
At
30 November 2023
7,309
 
Carrying amount  
At
30 November 2023
4,873
 
At 30 November 2022
7,310
 

7 Investments

Other investments
£
Cost  
At
1 December 2022
-  
Transfers
50,000
 
At
30 November 2023
50,000
 
Impairment  
At
1 December 2022
and
30 November 2023
-  
Carrying amount  
At
30 November 2023
50,000
 
At 30 November 2022 -  

8 Debtors

20232022
££
Trade debtors
272,007
 
98,758
 
Other debtors
2,393
 
8,708
 
274,400
 
107,466
 

9 Creditors: amounts falling due within one year

20232022
££
Trade creditors
231,764
 
74,274
 
Taxation and social security
(12,838
)
(17,738
)
Other creditors
40,471
 
51,718
 
259,397
 
108,254
 

10 Creditors: amounts falling due after more than one year

20232022
££
Other creditors
100,000
  -