Linc IT (Gainsborough) Limited Company accounts

Linc IT (Gainsborough) Limited

Unaudited financial statements

31 December 2024

Company Registration Number 04343403

Linc IT (Gainsborough) Limited

Financial statements

year ended 31 December 2024

Contents	Pages

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements	1

Profit and loss account	2

Balance sheet and notes to the financial statements	3 to 4

Linc IT (Gainsborough) Limited

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements of Linc IT (Gainsborough) Limited

year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Linc IT (Gainsborough) Limited for the year ended 31 December 2024, which comprise the profit and loss account, balance sheet and notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/rulebook. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

darbys limited chartered certified accountants

7 Spring Gardens Gainsborough

5 September 2025

Linc IT (Gainsborough) Limited

Profit and loss account

year ended 31 December 2024

	2024	2023
	£	£

Turnover	301,663	308,385

Cost of raw materials and consumables	161,219	160,640

Staff costs	83,355	84,855

Depreciation and other amounts written off assets	2,350	1,976

Other charges	47,657	52,601

Tax	-	1,942

	---------	---------
Profit	7,082	6,371
	---------	---------

Linc IT (Gainsborough) Limited

Balance sheet

31 December 2024

	2024	2023
	£	£

Fixed assets	7,547	8,758
	-------	-------

Current assets	72,159	75,643
Prepayments and accrued income	853	823
	--------	--------
	73,012	76,466

Creditors: amounts falling due within one year	( 33,398)	( 36,416)
	--------	--------
Net current assets	39,614	40,050
	--------	--------
Total assets less current liabilities	47,161	48,808

Creditors: amounts falling due after more than one year	( 30,538)	( 35,882)

Accruals and deferred income	( 1,865)	( 5,250)
	--------	--------
	14,758	7,676
	--------	--------

Capital and reserves	14,758	7,676
	--------	-------

Notes to the financial statements

1. Basis of preparation

The financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2023: 5 ).

3. Company information

The company is a private company limited by shares, registered in England. The address of the registered office is 5 Silver Street, Gainsborough, Lincolnshire.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions.

These financial statements were approved by the board of directors and authorised for issue on 5 September 2025 , and are signed on behalf of the board by:

Mrs C Bridgett
Director

Company registration number: 04343403