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REGISTERED NUMBER: 09289297 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Linear AV Limited

Linear AV Limited (Registered number: 09289297)

Contents of the Financial Statements
for the year ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Linear AV Limited

Company Information
for the year ended 31 May 2024







Director: A R Hunt





Secretary: W J Price





Registered office: 11 Shannon Way
Ashchurch
Tewkesbury
Gloucestershire
GL20 8ND





Registered number: 09289297 (England and Wales)





Accountants: Acre Accountancy Limited
Unit 2 Foley Works
Foley Industrial Estate
Hereford
Herefordshire
HR1 2SF

Linear AV Limited (Registered number: 09289297)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,389 5,854

CURRENT ASSETS
Debtors 5 792,156 1,449,593
Cash at bank 70,493 526,852
862,649 1,976,445
CREDITORS
Amounts falling due within one year 6 (163,170 ) (1,323,263 )
NET CURRENT ASSETS 699,479 653,182
TOTAL ASSETS LESS CURRENT
LIABILITIES

702,868

659,036

PROVISIONS FOR LIABILITIES (847 ) (1,463 )
NET ASSETS 702,021 657,573

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 701,921 657,473
SHAREHOLDERS' FUNDS 702,021 657,573

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Linear AV Limited (Registered number: 09289297)

Balance Sheet - continued
31 May 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2025 and were signed by:





A R Hunt - Director


Linear AV Limited (Registered number: 09289297)

Notes to the Financial Statements
for the year ended 31 May 2024


1. STATUTORY INFORMATION

Linear AV 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, net of discounts and value added taxes. Turnover includes revenue earned from the provision of services.

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
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Linear AV Limited (Registered number: 09289297)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


2. ACCOUNTING POLICIES - continued

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 June 2023
and 31 May 2024 25,743 1,798 6,834 34,375
Depreciation
At 1 June 2023 21,469 1,554 5,498 28,521
Charge for year 1,068 61 1,336 2,465
At 31 May 2024 22,537 1,615 6,834 30,986
Net book value
At 31 May 2024 3,206 183 - 3,389
At 31 May 2023 4,274 244 1,336 5,854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 303,713 1,214,943
Amounts owed by group undertakings 408,832 145,489
Other debtors 79,611 89,161
792,156 1,449,593

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Invoice discounting finance - 247,468
Trade creditors 104,033 623,967
Amounts owed to group undertakings - 318,997
Taxation and social security 58,330 130,105
Other creditors 807 2,726
163,170 1,323,263

Linear AV Limited (Registered number: 09289297)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

Linear AV Limited is a 100% subsidiary of Ecliptic Holdings Limited, a company incorporated in the United Kingdom.