Company Registration No. 11997293 (England and Wales)
Linkwood Property Ltd
Unaudited accounts
for the year ended 31 May 2024
Linkwood Property Ltd
Unaudited accounts
Contents
Linkwood Property Ltd
Company Information
for the year ended 31 May 2024
Director
Graham McCafferty
Company Number
11997293 (England and Wales)
Registered Office
1 STONE MILL WAY
LEEDS
WEST YORKSHIRE
LS6 4RG
UNITED KINGDOM
Accountants
The Tax Studio
The Oast House
14 Chantry Park
Sarre
Kent
CT7 0LG
Linkwood Property Ltd
Statement of financial position
as at 31 May 2024
Investment property
1,204,536
1,011,733
Cash at bank and in hand
2,233
1,955
Creditors: amounts falling due within one year
(4,523)
(4,770)
Net current liabilities
(569)
(2,133)
Total assets less current liabilities
1,203,967
1,009,600
Creditors: amounts falling due after more than one year
(1,146,786)
(957,172)
Provisions for liabilities
Deferred tax
(23,472)
(23,472)
Called up share capital
1
1
Profit and loss account
33,708
28,955
Shareholders' funds
33,709
28,956
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 6 February 2025 and were signed on its behalf by
Graham McCafferty
Director
Company Registration No. 11997293
Linkwood Property Ltd
Notes to the Accounts
for the year ended 31 May 2024
Linkwood Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11997293. The registered office is 1 STONE MILL WAY, LEEDS, WEST YORKSHIRE, LS6 4RG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 June 2023
1,011,733
Amounts falling due within one year
Amounts due from group undertakings etc.
-
162
Accrued income and prepayments
1,032
520
Amounts falling due after more than one year
Amounts due from group undertakings etc.
339
-
6
Creditors: amounts falling due within one year
2024
2023
Deferred income
4,072
4,228
Linkwood Property Ltd
Notes to the Accounts
for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
859,670
720,071
Amounts owed to group undertakings and other participating interests
20,854
16,100
Loans from directors
266,262
221,001
8
Transactions with related parties
The Director has advanced £266,262 (2023:£221,001) to the company, this loan is interest free and is repayable on demand.
The company borrowed £20,854 (2023:£16,100) from GMM Property Management Ltd, a company under the control of the director. This loan is interest free and repayable on demand.
The company loaned £339 (2023 £162) to Turls Property Group Ltd, a company under the control of the director. This loan is interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).