LNK Capital Ltd

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 09692080

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	68,591		293,976
Cash at bank and in hand		698		12,085

		69,289		306,061
Creditors: Amounts Falling Due Within One Year	5	(46,130 )		(252,684 )

NET CURRENT ASSETS (LIABILITIES)			23,159		53,377

TOTAL ASSETS LESS CURRENT LIABILITIES			23,159		53,377

NET ASSETS			23,159		53,377

CAPITAL AND RESERVES
Called up share capital	6		100		100
Income Statement			23,059		53,277

SHAREHOLDERS' FUNDS			23,159		53,377

For the year ending 31 March 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr R Khurana

Director

12/03/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

LNK Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09692080 . The registered office is C/O Goldwyns London LLP, No.1 Royal Exchange, London, EC3V 3DG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The directors have considered the prospect of the business for the next twelve months and beyond and have arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The directors have also pledged their financial support to assist with this if required. On this basis, the directors will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

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

2.4. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

2.5. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.7. Critical Accounting Judgements and Key Sources of Estimation Uncertainity

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	5	5

	5	5

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LNK Capital Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2024

4. Debtors

	2024	2023
	£	£
Due within one year
Loan to MHI Stoke Ltd	-	12,506
Other debtors - Bridge Invest Ltd	-	281,470
Directors' loan accounts	68,591	-

	68,591	293,976

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	172	11,108
Other taxes and social security	2,774	378
Net wages	3,482	-
Amounts owed to connected undertakings	37,729	37,729
Pension liability	113	113
Accruals and deferred income	1,860	1,860
Directors' loan accounts	-	201,496

	46,130	252,684

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

The nominal value per share is £1 and as at year end there are 100 Ordinary Shares in issue.

7. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2023	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2024
	£	£	£	£	£
Mr Rishi Khurana	(201,496 )	295,416	(25,329 )	-	68,591

The above loan is unsecured, interest free and repayable within nine month from year end.

8. Related Party Transactions

The Directors loan account balance of Mr R Khurana, the director and shareholder of the company, totalled £68,591 as at the year-end, which is a current asset, interest free and repayable within nine month from year end.

The amount owed to OCIM Limited, a company related via common control and directorship, totalled £37,729 as at the year-end, which is a current liability, interest free and repayable on demand.

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