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REGISTERED NUMBER: 03245593 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Shorelink (International) Limited

Shorelink (International) Limited (Registered number: 03245593)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Shorelink (International) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: C Payne
A D Payne





SECRETARY: A D Payne





REGISTERED OFFICE: 147a High Street
Waltham Cross
Hertfordshire
EN8 7AP





REGISTERED NUMBER: 03245593 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
EN8 7AP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Shorelink (International) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Shorelink (International) Limited for the year ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Shorelink (International) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shorelink (International) Limited and state those matters that we have agreed to state to the Board of Directors of Shorelink (International) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shorelink (International) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Shorelink (International) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shorelink (International) Limited. You consider that Shorelink (International) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shorelink (International) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
EN8 7AP


Date: .............................................

Shorelink (International) Limited (Registered number: 03245593)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 155,560 166,174

CURRENT ASSETS
Stocks 319,696 372,703
Debtors 5 162,105 143,117
Cash at bank and in hand 145,623 92,735
627,424 608,555
CREDITORS
Amounts falling due within one year 6 253,881 245,896
NET CURRENT ASSETS 373,543 362,659
TOTAL ASSETS LESS CURRENT
LIABILITIES

529,103

528,833

CREDITORS
Amounts falling due after more than
one year

7

(7,488

)

(11,394

)

PROVISIONS FOR LIABILITIES (28,842 ) (31,573 )
NET ASSETS 492,773 485,866

Shorelink (International) Limited (Registered number: 03245593)

Statement of Financial Position - continued
30 September 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 211,369 211,369
Revaluation reserve 9 134,722 134,722
Retained earnings 146,682 139,775
SHAREHOLDERS' FUNDS 492,773 485,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 2 January 2025 and were signed on its behalf by:




A D Payne - Director



C Payne - Director


Shorelink (International) Limited (Registered number: 03245593)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Shorelink (International) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 11 ) .

Shorelink (International) Limited (Registered number: 03245593)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 October 2023 20,743 660,830 47,668 729,241
Additions - - 4,000 4,000
At 30 September 2024 20,743 660,830 51,668 733,241
DEPRECIATION
At 1 October 2023 20,743 519,656 22,668 563,067
Charge for year - 7,001 7,613 14,614
At 30 September 2024 20,743 526,657 30,281 577,681
NET BOOK VALUE
At 30 September 2024 - 134,173 21,387 155,560
At 30 September 2023 - 141,174 25,000 166,174

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 137,017 122,061
Other debtors 25,088 21,056
162,105 143,117

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases 3,906 3,636
Trade creditors 159,835 171,217
Taxation and social security 53,873 20,763
Other creditors 36,267 50,280
253,881 245,896

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Finance leases 7,488 11,394

Shorelink (International) Limited (Registered number: 03245593)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
211,369 Ordinary £1 211,369 211,369

9. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 134,722