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
Link Associates Ltd
Company Information
for the period from 29 February 2024 to 28 February 2025
Directors
L Tarragano
Leah Albohayre
Serge Albohayre
Company Number
04382031 (England and Wales)
Registered Office
Devonshire House
Manor Way
Borehamwood
England
WD6 1QQ
United Kingdom
Link Associates Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
390,837
390,837
Cash at bank and in hand
27,901
1,154
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
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
Link Associates Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
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.
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.
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.
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 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 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.
Link Associates Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
4
Tangible fixed assets
Land & buildings
At 29 February 2024
390,837
At 28 February 2025
390,837
At 28 February 2025
390,837
At 28 February 2024
390,837
Amounts falling due within one year
Accrued income and prepayments
6,000
11,000
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,214
1,214
Taxes and social security
2,691
4,848
Other creditors
13,196
27,805
7
Creditors: amounts falling due after more than one year
2025
2024
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
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).