Company registration number 12573194 (England and Wales)
LINNET CLOSE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
LINNET CLOSE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
LINNET CLOSE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
4
639
Cash at bank and in hand
902
328
906
967
Creditors: amounts falling due within one year
4
(2,291)
(2,253)
Net current liabilities
(1,385)
(1,286)
Reserves
Called up share capital
4
4
Income and expenditure account
(1,389)
(1,290)
Members' funds
(1,385)
(1,286)

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 20 November 2024 and are signed on its behalf by:
Mr J  Michaels
Director
Company Registration No. 12573194
LINNET CLOSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Linnet Close Limited is a private company limited by shares incorporated in England and Wales. The registered office is 116 High Street, The Home Management Company, Bushey, Hertfordshire, United Kingdom, WD23 3DE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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.

1.2
Taxation

The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.

1.3

Turnover

Turnover represents maintenance charges receivable in respect of communal expenditure in the ordinary course of business. Value added tax is not charged thereon.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Service charges due
-
0
635
Other debtors
4
4
4
639
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
15
13
Other creditors
2,276
2,240
2,291
2,253
2024-03-312023-04-01false29 November 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr N H MorjariaMr A H BobroffMr A K ChoudhuryMr J Michaelsfalsefalse125731942023-04-012024-03-31125731942024-03-31125731942023-03-3112573194core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3112573194core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3112573194core:CurrentFinancialInstruments2024-03-3112573194core:CurrentFinancialInstruments2023-03-3112573194core:ShareCapital2024-03-3112573194core:ShareCapital2023-03-3112573194core:RetainedEarningsAccumulatedLosses2024-03-3112573194core:RetainedEarningsAccumulatedLosses2023-03-3112573194bus:Director42023-04-012024-03-31125731942022-04-012023-03-3112573194core:WithinOneYear2024-03-3112573194core:WithinOneYear2023-03-3112573194bus:CompanyLimitedByGuarantee2023-04-012024-03-3112573194bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112573194bus:FRS1022023-04-012024-03-3112573194bus:AuditExemptWithAccountantsReport2023-04-012024-03-3112573194bus:Director12023-04-012024-03-3112573194bus:Director22023-04-012024-03-3112573194bus:Director32023-04-012024-03-3112573194bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP