29 February 2024 false No description of principal activity Taxfiler 2024.6 04382031business:PrivateLimitedCompanyLtd2024-02-292025-02-28 043820312024-02-28 043820312024-02-292025-02-28 04382031business:AuditExempt-NoAccountantsReport2024-02-292025-02-28 04382031business:FilletedAccounts2024-02-292025-02-28 043820312025-02-28 04382031business:Director12024-02-292025-02-28 04382031business:Director22024-02-292025-02-28 04382031business:Director32024-02-292025-02-28 04382031business:CompanySecretary12024-02-292025-02-28 04382031business:RegisteredOffice2024-02-292025-02-28 043820312024-02-28 04382031core:WithinOneYear2025-02-28 04382031core:WithinOneYear2024-02-28 04382031core:AfterOneYear2025-02-28 04382031core:AfterOneYear2024-02-28 04382031core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 04382031core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 04382031core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 04382031core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 04382031core:PreviouslyStatedAmount2025-02-28 04382031core:PreviouslyStatedAmount2024-02-28 04382031business:SmallEntities2024-02-292025-02-28 04382031countries:EnglandWales2024-02-292025-02-28 04382031core:LandBuildings2024-02-28 04382031core:LandBuildings2025-02-28 04382031core:AcceleratedTaxDepreciationDeferredTax2025-02-28 04382031core:AcceleratedTaxDepreciationDeferredTax2024-02-28 043820312023-02-28 043820312023-03-012024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 04382031 (England and Wales)
Link Associates Ltd Unaudited accounts for the period from 29 February 2024 to 28 February 2025
Link Associates Ltd Unaudited accounts Contents
Page
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Link Associates Ltd Company Information for the period from 29 February 2024 to 28 February 2025
Directors
L Tarragano Leah Albohayre Serge Albohayre
Secretary
Davit Albohayre
Company Number
04382031 (England and Wales)
Registered Office
Devonshire House Manor Way Borehamwood England WD6 1QQ United Kingdom
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Link Associates Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
390,837 
390,837 
Current assets
Debtors
10,114 
45,517 
Cash at bank and in hand
27,901 
1,154 
38,015 
46,671 
Creditors: amounts falling due within one year
(17,309)
(33,867)
Net current assets
20,706 
12,804 
Total assets less current liabilities
411,543 
403,641 
Creditors: amounts falling due after more than one year
(4,229)
(5,129)
Provisions for liabilities
Deferred tax
(19,000)
(19,000)
Net assets
388,314 
379,512 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
388,312 
379,510 
Shareholders' funds
388,314 
379,512 
For the period ending 28 February 2025 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 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 of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by
Serge Albohayre Director Company Registration No. 04382031
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Link Associates Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
Link Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 04382031. The registered office is Devonshire House, Manor Way, Borehamwood, England, WD6 1QQ, 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.
3
Accounting policies
These financial statements for the period from 29 February 2024 to 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Link Associates Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 29 February 2024
390,837 
At 28 February 2025
390,837 
Depreciation
At 28 February 2025
- 
Net book value
At 28 February 2025
390,837 
At 28 February 2024
390,837 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,114 
2,767 
Accrued income and prepayments
6,000 
11,000 
Other debtors
- 
31,750 
10,114 
45,517 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
1,214 
1,214 
Trade creditors
208 
- 
Taxes and social security
2,691 
4,848 
Other creditors
13,196 
27,805 
17,309 
33,867 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,229 
5,112 
Other creditors
- 
17 
4,229 
5,129 
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Link Associates Ltd Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
19,000 
19,000 
2025 
2024 
£ 
£ 
Provision at start of period
19,000 
- 
Charged to the profit and loss account
- 
19,000 
Provision at end of period
19,000 
19,000 
9
Average number of employees
During the period the average number of employees was 3 (2024: 3).
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