TRANSLINK INTERNATIONAL SALES LIMITED

Company Registration Number:
03180296 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TRANSLINK INTERNATIONAL SALES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

TRANSLINK INTERNATIONAL SALES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,597,780 1,524,683
Investments: 4 200,000 200,000
Total fixed assets: 1,797,780 1,724,683
Current assets
Stocks: 95,493 293,639
Debtors: 5 4,481,641 4,790,413
Cash at bank and in hand: 304,877 914,627
Total current assets: 4,882,011 5,998,679
Creditors: amounts falling due within one year: 6 (5,676,120) (5,122,962)
Net current assets (liabilities): (794,109) 875,717
Total assets less current liabilities: 1,003,671 2,600,400
Creditors: amounts falling due after more than one year: 7 (759,779) (821,140)
Total net assets (liabilities): 243,892 1,779,260
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 243,692 1,779,060
Shareholders funds: 243,892 1,779,260

The notes form part of these financial statements

TRANSLINK INTERNATIONAL SALES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2025
and signed on behalf of the board by:

Name: C.D.Disney
Status: Director

The notes form part of these financial statements

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 10 9

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,686,334
Additions 104,298
At 31 March 2024 1,790,632
Depreciation
At 01 April 2023 161,651
Charge for year 31,201
At 31 March 2024 192,852
Net book value
At 31 March 2024 1,597,780
At 31 March 2023 1,524,683

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Shares in associated company

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

Bank loans £ 108,653 Trade creditors £ 1,592,863 Amounts due to associated companies £ 2,873,173 Other creditors £ 1,101,431 Total £ 5,676,120

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due after more than one year note

Bank loans £ 759,779

TRANSLINK INTERNATIONAL SALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Changes in presentation and prior period adjustments

During the preparation of the financial statements for the year ended 31st March 2024 a prior period error was identified relating to the financial statements of the year ended 31st March 2023. The company accounted for production stock in both the work in progress calculations and in the physical year end stock count. The error resulted in stock and work in progress being overstated by £ 301,465.The correction has been applied retrospectively in accordance with FRS 102 Section 10 Accounting policies, Estimates and Errors. The comparative figures for the year ended 31st March 2023 have been restated as follows: Stock and work in progress £ 293,639 (previously reported as £ 595,104). Retained earnings £ 1,779,060 (previously reported as £ 2,080,525).