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REGISTERED NUMBER: 08751690 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

LINKS AUTOMOTIVE LIMITED

LINKS AUTOMOTIVE LIMITED (REGISTERED NUMBER: 08751690)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


LINKS AUTOMOTIVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mr D Conway
Mr R Jobbins





REGISTERED OFFICE: Unit 6
Mottram Way
Macclesfield
Cheshire
SK10 2DH





REGISTERED NUMBER: 08751690 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

LINKS AUTOMOTIVE LIMITED (REGISTERED NUMBER: 08751690)

BALANCE SHEET
31 OCTOBER 2024

31/10/24 31/10/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 99,557 34,802

CURRENT ASSETS
Stocks 3,250 3,250
Debtors 5 41,463 22,044
Cash at bank and in hand 515,120 491,086
559,833 516,380
CREDITORS
Amounts falling due within one year 6 182,569 223,447
NET CURRENT ASSETS 377,264 292,933
TOTAL ASSETS LESS CURRENT
LIABILITIES

476,821

327,735

CREDITORS
Amounts falling due after more than one
year

7

(4,701

)

(12,684

)

PROVISIONS FOR LIABILITIES 8 (18,146 ) (6,359 )
NET ASSETS 453,974 308,692

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 453,874 308,592
SHAREHOLDERS' FUNDS 453,974 308,692

LINKS AUTOMOTIVE LIMITED (REGISTERED NUMBER: 08751690)

BALANCE SHEET - continued
31 OCTOBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:




Mr D Conway - Director



Mr R Jobbins - Director


LINKS AUTOMOTIVE LIMITED (REGISTERED NUMBER: 08751690)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Links Automotive Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents the total amount receivable by the company for goods supplied and services provided, excluding value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

LINKS AUTOMOTIVE LIMITED (REGISTERED NUMBER: 08751690)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 3,300 97,114 100,414
Additions 14,569 61,253 75,822
Disposals (3,300 ) - (3,300 )
At 31 October 2024 14,569 158,367 172,936
DEPRECIATION
At 1 November 2023 3,300 62,312 65,612
Charge for year - 11,067 11,067
Eliminated on disposal (3,300 ) - (3,300 )
At 31 October 2024 - 73,379 73,379
NET BOOK VALUE
At 31 October 2024 14,569 84,988 99,557
At 31 October 2023 - 34,802 34,802

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade debtors 1,667 8,730
Other debtors 39,796 13,314
41,463 22,044

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Bank loans and overdrafts 29,421 11,834
Trade creditors 5,934 34,253
Taxation and social security 94,533 95,717
Other creditors 52,681 81,643
182,569 223,447

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/24 31/10/23
£    £   
Bank loans 4,701 12,684

8. PROVISIONS FOR LIABILITIES
31/10/24 31/10/23
£    £   
Deferred tax 18,146 6,359

LINKS AUTOMOTIVE LIMITED (REGISTERED NUMBER: 08751690)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2023 6,359
Charge to Statement of Income and Retained Earnings during year 11,787
Balance at 31 October 2024 18,146

Deferred tax arises as a result of accelerated capital allowances on fixed assets.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/24 31/10/23
value: £    £   
100 Ordinary £1 100 100