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Company Registration No. 11423511 (England and Wales)
Easylinks Homes Limited Unaudited accounts for the year ended 31 March 2024
Easylinks Homes Limited Unaudited accounts Contents
Page
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Easylinks Homes Limited Company Information for the year ended 31 March 2024
Directors
R M Beveridge J V Stantchovsky
Company Number
11423511 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX United Kingdom
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Easylinks Homes Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
2,829,819 
1,922,511 
Cash at bank and in hand
16,251 
218,482 
2,846,070 
2,140,993 
Creditors: amounts falling due within one year
(2,626,535)
(1,935,590)
Net current assets
219,535 
205,403 
Total assets less current liabilities
219,535 
205,403 
Creditors: amounts falling due after more than one year
(16,667)
(26,667)
Net assets
202,868 
178,736 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
202,866 
178,734 
Shareholders' funds
202,868 
178,736 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by
R M Beveridge Director Company Registration No. 11423511
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Easylinks Homes Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Easylinks Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 11423511. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Amounts owed to group undertakings and other participating interests
2,606,990 
1,921,990 
Taxes and social security
5,045 
- 
Accruals
4,500 
3,600 
2,626,535 
1,935,590 
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,667 
26,667 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
1 A Ordinary shares of £1 each
1 
1 
2 
2 
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Easylinks Homes Limited Notes to the Accounts for the year ended 31 March 2024
7
Transactions with related parties
R M Beveridge is a director and shareholder in both Easylinks Homes Limited and Cherry Tree Developments Limited During the year Cherry Tree Developments Limited preformed development works for Easylinks Homes Limited costing £713,025 (2023 - £240,966) At the balance sheet date Easylinks Homes Limited owed Cherry Tree Developments Limited £674,138 (2023 - £496,138), the loan is repayable upon demand and is subject to interest at a commercial rate J V Stantchovsky is a director and shareholder in both Easylinks Homes Limited and Easylinks Property Developments Limited At the balance sheet date Easylinks Homes Limited owed Easylink Property Limited £1,258,852 (2023 - £1,111,852) the loan is repayable upon demand and is subject to interest at a commercial rate J V Stantchovsky is a director in both Easylinks Homes Limited and Easylinks Holdings Limited Limited. Easylinks Holdings Limited also owns 50% of the share capital in Easylinks Homes Limited At the balance sheet date Easylinks Homes Limited owed Easylink Holdings Limited Limited £674,000 (2023 - £314,000) the loan is repayable upon demand and is subject to interest at a commercial rate
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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