2023-10-012024-09-302024-09-30false06361077LINK 3 LIMITED2025-06-25falseiso4217:GBPxbrli:pure063610772023-10-01063610772024-09-30063610772023-10-012024-09-30063610772022-10-01063610772023-09-30063610772022-10-012023-09-3006361077bus:SmallEntities2023-10-012024-09-3006361077bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3006361077bus:FullAccounts2023-10-012024-09-3006361077bus:PrivateLimitedCompanyLtd2023-10-012024-09-3006361077core:WithinOneYear2024-09-3006361077core:AfterOneYear2024-09-3006361077core:WithinOneYear2023-09-3006361077core:AfterOneYear2023-09-3006361077core:ShareCapital2024-09-3006361077core:SharePremium2024-09-3006361077core:RevaluationReserve2024-09-3006361077core:OtherReservesSubtotal2024-09-3006361077core:RetainedEarningsAccumulatedLosses2024-09-3006361077core:ShareCapital2023-09-3006361077core:SharePremium2023-09-3006361077core:RevaluationReserve2023-09-3006361077core:OtherReservesSubtotal2023-09-3006361077core:RetainedEarningsAccumulatedLosses2023-09-3006361077core:LandBuildings2024-09-3006361077core:PlantMachinery2024-09-3006361077core:Vehicles2024-09-3006361077core:FurnitureFittings2024-09-3006361077core:OfficeEquipment2024-09-3006361077core:NetGoodwill2024-09-3006361077core:IntangibleAssetsOtherThanGoodwill2024-09-3006361077core:ListedExchangeTraded2024-09-3006361077core:UnlistedNon-exchangeTraded2024-09-3006361077core:LandBuildings2023-09-3006361077core:PlantMachinery2023-09-3006361077core:Vehicles2023-09-3006361077core:FurnitureFittings2023-09-3006361077core:OfficeEquipment2023-09-3006361077core:NetGoodwill2023-09-3006361077core:IntangibleAssetsOtherThanGoodwill2023-09-3006361077core:ListedExchangeTraded2023-09-3006361077core:UnlistedNon-exchangeTraded2023-09-3006361077core:LandBuildings2023-10-012024-09-3006361077core:PlantMachinery2023-10-012024-09-3006361077core:Vehicles2023-10-012024-09-3006361077core:FurnitureFittings2023-10-012024-09-3006361077core:OfficeEquipment2023-10-012024-09-3006361077core:NetGoodwill2023-10-012024-09-3006361077core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3006361077core:ListedExchangeTraded2023-10-012024-09-3006361077core:UnlistedNon-exchangeTraded2023-10-012024-09-3006361077core:MoreThanFiveYears2023-10-012024-09-3006361077core:Non-currentFinancialInstruments2024-09-3006361077core:Non-currentFinancialInstruments2023-09-3006361077dpl:CostSales2023-10-012024-09-3006361077dpl:DistributionCosts2023-10-012024-09-3006361077core:LandBuildings2023-10-012024-09-3006361077core:PlantMachinery2023-10-012024-09-3006361077core:Vehicles2023-10-012024-09-3006361077core:FurnitureFittings2023-10-012024-09-3006361077core:OfficeEquipment2023-10-012024-09-3006361077dpl:AdministrativeExpenses2023-10-012024-09-3006361077core:NetGoodwill2023-10-012024-09-3006361077core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3006361077dpl:GroupUndertakings2023-10-012024-09-3006361077dpl:ParticipatingInterests2023-10-012024-09-3006361077dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3006361077core:ListedExchangeTraded2023-10-012024-09-3006361077dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3006361077core:UnlistedNon-exchangeTraded2023-10-012024-09-3006361077dpl:CostSales2022-10-012023-09-3006361077dpl:DistributionCosts2022-10-012023-09-3006361077core:LandBuildings2022-10-012023-09-3006361077core:PlantMachinery2022-10-012023-09-3006361077core:Vehicles2022-10-012023-09-3006361077core:FurnitureFittings2022-10-012023-09-3006361077core:OfficeEquipment2022-10-012023-09-3006361077dpl:AdministrativeExpenses2022-10-012023-09-3006361077core:NetGoodwill2022-10-012023-09-3006361077core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3006361077dpl:GroupUndertakings2022-10-012023-09-3006361077dpl:ParticipatingInterests2022-10-012023-09-3006361077dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3006361077core:ListedExchangeTraded2022-10-012023-09-3006361077dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3006361077core:UnlistedNon-exchangeTraded2022-10-012023-09-3006361077core:NetGoodwill2024-09-3006361077core:IntangibleAssetsOtherThanGoodwill2024-09-3006361077core:LandBuildings2024-09-3006361077core:PlantMachinery2024-09-3006361077core:Vehicles2024-09-3006361077core:FurnitureFittings2024-09-3006361077core:OfficeEquipment2024-09-3006361077core:AfterOneYear2024-09-3006361077core:WithinOneYear2024-09-3006361077core:ListedExchangeTraded2024-09-3006361077core:UnlistedNon-exchangeTraded2024-09-3006361077core:ShareCapital2024-09-3006361077core:SharePremium2024-09-3006361077core:RevaluationReserve2024-09-3006361077core:OtherReservesSubtotal2024-09-3006361077core:RetainedEarningsAccumulatedLosses2024-09-3006361077core:NetGoodwill2023-09-3006361077core:IntangibleAssetsOtherThanGoodwill2023-09-3006361077core:LandBuildings2023-09-3006361077core:PlantMachinery2023-09-3006361077core:Vehicles2023-09-3006361077core:FurnitureFittings2023-09-3006361077core:OfficeEquipment2023-09-3006361077core:AfterOneYear2023-09-3006361077core:WithinOneYear2023-09-3006361077core:ListedExchangeTraded2023-09-3006361077core:UnlistedNon-exchangeTraded2023-09-3006361077core:ShareCapital2023-09-3006361077core:SharePremium2023-09-3006361077core:RevaluationReserve2023-09-3006361077core:OtherReservesSubtotal2023-09-3006361077core:RetainedEarningsAccumulatedLosses2023-09-3006361077core:NetGoodwill2022-10-0106361077core:IntangibleAssetsOtherThanGoodwill2022-10-0106361077core:LandBuildings2022-10-0106361077core:PlantMachinery2022-10-0106361077core:Vehicles2022-10-0106361077core:FurnitureFittings2022-10-0106361077core:OfficeEquipment2022-10-0106361077core:AfterOneYear2022-10-0106361077core:WithinOneYear2022-10-0106361077core:ListedExchangeTraded2022-10-0106361077core:UnlistedNon-exchangeTraded2022-10-0106361077core:ShareCapital2022-10-0106361077core:SharePremium2022-10-0106361077core:RevaluationReserve2022-10-0106361077core:OtherReservesSubtotal2022-10-0106361077core:RetainedEarningsAccumulatedLosses2022-10-0106361077core:AfterOneYear2023-10-012024-09-3006361077core:WithinOneYear2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3006361077core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3006361077core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3006361077core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3006361077core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3006361077core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3006361077bus:Director12023-10-012024-09-3006361077bus:Director22023-10-012024-09-3006361077bus:Director32023-10-012024-09-30

LINK 3 LIMITED

Registered Number
06361077
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

LINK 3 LIMITED
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

FREEMAN, Elliot Jamie
FREEMAN, Lewis Andrew
FREEMAN, Simon

Company Secretary

FREEMAN, Simon, Mr.

Registered Address

Sterling House
Fulbourne Road
Walthamstow
E17 4EE

Place of Business

Unit G Penfold  Industrial Park

Imperial Way

Watford

WD24 4YY


Registered Number

06361077 (England and Wales)
LINK 3 LIMITED
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets38871,774
8871,774
Current assets
Stocks49,75749,757
Debtors4169,554225,317
Cash at bank and on hand85,242116,505
304,553391,579
Creditors amounts falling due within one year5(270,462)(185,432)
Net current assets (liabilities)34,091206,147
Total assets less current liabilities34,978207,921
Creditors amounts falling due after one year6(6,696)(16,846)
Provisions for liabilities7(168)(337)
Net assets28,114190,738
Capital and reserves
Called up share capital9999
Profit and loss account28,015190,639
Shareholders' funds28,114190,738
The financial statements were approved and authorised for issue by the Board of Directors on 25 June 2025, and are signed on its behalf by:
FREEMAN, Simon
Director
Registered Company No. 06361077
LINK 3 LIMITED
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Office Equipment4
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 October 2331,50031,500
At 30 September 2431,50031,500
Depreciation and impairment
At 01 October 2329,72629,726
Charge for year887887
At 30 September 2430,61330,613
Net book value
At 30 September 24887887
At 30 September 231,7741,774
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables169,554145,012
Amounts owed by associates and joint ventures / participating interests-46,256
Other debtors-34,049
Total169,554225,317
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables146,051144,486
Bank borrowings and overdrafts10,64810,000
Taxation and social security7,58118,840
Other creditors5822,506
Accrued liabilities and deferred income105,6009,600
Total270,462185,432
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts6,69616,846
Total6,69616,846
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)168337
Total168337
8.Controlling party
The controlling parties are Mr S Freeman, Mr L Freeman and Mr E Freeman by virtue of their ownership of 100% of the issued share capital of the company.