IRIS Accounts Production v24.3.2.46 13154028 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131540282023-01-31131540282024-01-31131540282023-02-012024-01-31131540282022-01-31131540282022-02-012023-01-31131540282023-01-3113154028ns15:EnglandWales2023-02-012024-01-3113154028ns14:PoundSterling2023-02-012024-01-3113154028ns10:Director12023-02-012024-01-3113154028ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113154028ns10:SmallEntities2023-02-012024-01-3113154028ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3113154028ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113154028ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113154028ns10:FullAccounts2023-02-012024-01-311315402812023-02-012024-01-3113154028ns10:Director22023-02-012024-01-3113154028ns10:CompanySecretary12023-02-012024-01-3113154028ns10:RegisteredOffice2023-02-012024-01-3113154028ns5:CurrentFinancialInstruments2024-01-3113154028ns5:CurrentFinancialInstruments2023-01-3113154028ns5:Non-currentFinancialInstruments2024-01-3113154028ns5:Non-currentFinancialInstruments2023-01-3113154028ns5:ShareCapital2024-01-3113154028ns5:ShareCapital2023-01-3113154028ns5:SharePremium2024-01-3113154028ns5:SharePremium2023-01-3113154028ns5:RetainedEarningsAccumulatedLosses2024-01-3113154028ns5:RetainedEarningsAccumulatedLosses2023-01-3113154028ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113154028ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-02-012024-01-3113154028ns5:IntangibleAssetsOtherThanGoodwill2023-01-3113154028ns5:IntangibleAssetsOtherThanGoodwill2024-01-3113154028ns5:IntangibleAssetsOtherThanGoodwill2023-01-3113154028ns5:MotorVehicles2023-01-3113154028ns5:ComputerEquipment2023-01-3113154028ns5:MotorVehicles2023-02-012024-01-3113154028ns5:ComputerEquipment2023-02-012024-01-3113154028ns5:MotorVehicles2024-01-3113154028ns5:ComputerEquipment2024-01-3113154028ns5:MotorVehicles2023-01-3113154028ns5:ComputerEquipment2023-01-3113154028ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-3113154028ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-012024-01-3113154028ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-3113154028ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-3113154028ns5:AdditionsToInvestments2024-01-3113154028ns5:CostValuation2024-01-3113154028ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3113154028ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 13154028 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Link My Ride Ltd

Link My Ride Ltd (Registered number: 13154028)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Link My Ride Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mr J Sauvagnargues
Mr T Pidcock





SECRETARY:





REGISTERED OFFICE: 63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ





REGISTERED NUMBER: 13154028 (England and Wales)





ACCOUNTANTS: Clifford Roberts
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

Link My Ride Ltd (Registered number: 13154028)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 333,660 500,490
Tangible assets 5 18,812 28,218
Investments 6 6,047 -
358,519 528,708

CURRENT ASSETS
Debtors 7 30,838 71,579
Cash at bank 45,810 19,344
76,648 90,923
CREDITORS
Amounts falling due within one year 8 400,741 294,595
NET CURRENT LIABILITIES (324,093 ) (203,672 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,426

325,036

CREDITORS
Amounts falling due after more than one
year

9

20,316

24,526
NET ASSETS 14,110 300,510

CAPITAL AND RESERVES
Called up share capital 13 13
Share premium 828,638 713,997
Retained earnings (814,541 ) (413,500 )
SHAREHOLDERS' FUNDS 14,110 300,510

Link My Ride Ltd (Registered number: 13154028)

Balance Sheet - continued
31 January 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 29 January 2025 and were signed on its behalf by:





Mr J Sauvagnargues - Director


Link My Ride Ltd (Registered number: 13154028)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Link My Ride Ltd 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.

Revenue
Turnover represents net invoices sale of goods and services, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Link My Ride Ltd (Registered number: 13154028)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023
and 31 January 2024 667,320
AMORTISATION
At 1 February 2023 166,830
Charge for year 166,830
At 31 January 2024 333,660
NET BOOK VALUE
At 31 January 2024 333,660
At 31 January 2023 500,490

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 36,000 1,624 37,624
DEPRECIATION
At 1 February 2023 9,000 406 9,406
Charge for year 9,000 406 9,406
At 31 January 2024 18,000 812 18,812
NET BOOK VALUE
At 31 January 2024 18,000 812 18,812
At 31 January 2023 27,000 1,218 28,218

Link My Ride Ltd (Registered number: 13154028)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 February 2023
and 31 January 2024 36,000
DEPRECIATION
At 1 February 2023 9,000
Charge for year 9,000
At 31 January 2024 18,000
NET BOOK VALUE
At 31 January 2024 18,000
At 31 January 2023 27,000

6. FIXED ASSET INVESTMENTS
Own
shares
£   
COST
Additions 6,047
At 31 January 2024 6,047
NET BOOK VALUE
At 31 January 2024 6,047

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 30,838 71,579

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,120 6,120
Trade creditors 120,683 153,824
Taxation and social security 29,083 11,114
Other creditors 244,855 123,537
400,741 294,595

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 20,316 24,526