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REGISTERED NUMBER: 06660714 (England and Wales)

Link 4 Developments Limited

Unaudited Financial Statements for the Year Ended 31 December 2024

| Link 4 Developments Limited (Registered number: 06660714) |

Contents of the Financial Statements

for the year ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Link 4 Developments Limited |

Company Information

for the year ended 31 December 2024

| DIRECTOR: | K R Newton

| SECRETARY: | D R Newton

| REGISTERED OFFICE: | One New Street

| Wells

| Somerset

| BA5 2LA

| REGISTERED NUMBER: | 06660714 (England and Wales)

| ACCOUNTANTS: | Webb & Co Ltd

| Accountants and Business Advisers

| One New Street

| Wells

| Somerset

| BA5 2LA

| Link 4 Developments Limited (Registered number: 06660714) |

Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 725,000 |  | 725,000 |  |

CURRENT ASSETS

Debtors | 5 | 6,363 |  | 8,859 |  |

Cash at bank | 42 |  | 12,084 |  |

6,405 |  | 20,943 |  |

CREDITORS

Amounts falling due within one year | 6 | 164,308 |  | 668,042 |  |

NET CURRENT LIABILITIES | (157,903 | ) | (647,099 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 567,097 |  | 77,901 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (436,146 | ) | - |  |

PROVISIONS FOR LIABILITIES | (64,619 | ) | (64,500 | ) |

NET ASSETS | 66,332 |  | 13,401 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 200 |  | 200 |  |

Fair value reserve | 262,890 |  | 264,341 |  |

Retained earnings | (196,758 | ) | (251,140 | ) |

SHAREHOLDERS' FUNDS | 66,332 |  | 13,401 |  |

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

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

The director acknowledges his 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.

| Link 4 Developments Limited (Registered number: 06660714) |

Balance Sheet - continued

31 December 2024

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2025 and were signed by:

K R Newton - Director

| Link 4 Developments Limited (Registered number: 06660714) |

Notes to the Financial Statements

for the year ended 31 December 2024

1. | STATUTORY INFORMATION

| Link 4 Developments 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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

| Rental income from properties are recognised on a straight-line basis over the term of the lease. Rental income is measured at the fair value of the consideration received or receivable, excluding VAT. Incentives granted to tenants, such as rent-free periods, are recognised evenly over the term of the lease. Any service charges and other income related to leased assets are recognised when the related services are performed.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. | EMPLOYEES AND DIRECTORS

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

| Link 4 Developments Limited (Registered number: 06660714) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024

| and 31 December 2024 | 725,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 725,000 |  |

| At 31 December 2023 | 725,000 |  |

| If investment properties had not been revalued they would have been included at the following historical cost £384,609 (2023 £384,609).

| Investment properties were valued on an open market basis on 31 December 2024 by the directors.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | - |  | 1,000 |  |

| Amounts owed by group undertakings | 1 |  | 2 |  |

| Other debtors | 6,362 |  | 7,857 |  |

6,363 |  | 8,859 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 6,012 |  | 38,579 |  |

| Trade creditors | - |  | 27 |  |

| Amounts owed to group undertakings | 125,180 |  | 184,408 |  |

| Taxation and social security | 1,840 |  | 4,000 |  |

| Other creditors | 31,276 |  | 441,028 |  |

164,308 |  | 668,042 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 26,555 |  | - |  |

| Other creditors | 409,591 |  | - |  |

436,146 |  | - |  |

| Link 4 Developments Limited (Registered number: 06660714) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Other loans | 409,591 |  | 409,591 |  |

| Other loans are secured as follows:

| A fixed and floating charge covering all the property or undertakings of the company dated 03 May 2019

| Legal Mortgage over the property known as 15 Leigh Road, Street, Somerset, BA16 0HA dated 10 May 2019.

| Legal charge over all property or undertaking of the company dated 13 May 2019.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 200 | Ordinary | o1 | 200 |  | 200 |  |