REGISTERED NUMBER: SC580288 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Link Management Services UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Ryan John McInnes Crawford

REGISTERED OFFICE:

Westburn Business Centre

McNee Road

Prestwick

Ayrshire

KA9 2PB

REGISTERED NUMBER:

SC580288 (Scotland)

ACCOUNTANTS:

Gillespie & Anderson

Chartered Accountants

Westburn Business Centre

McNee Road

Prestwick

KA9 2PB

FIXED ASSETS

Tangible assets

4

90,817

117,934

Investments

5

15,412

8,250

106,229

126,184

CURRENT ASSETS

Debtors

6

749,077

915,569

Cash at bank

250,080

110,647

999,157

1,026,216

CREDITORS

Amounts falling due within one year

7

417,584

630,006

NET CURRENT ASSETS

581,573

396,210

TOTAL ASSETS LESS CURRENT LIABILITIES

687,802

522,394

CREDITORS

Amounts falling due after more than one year

8

(57,855

)

(72,132

)

PROVISIONS FOR LIABILITIES

(16,556

)

(21,545

)

NET ASSETS

613,391

428,717

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

613,291

428,617

SHAREHOLDERS' FUNDS

613,391

428,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 18 September 2025 and were signed by:

Mr Ryan John McInnes Crawford - Director

1.	STATUTORY INFORMATION

Link Management Services UK Ltd is a private company, limited by shares , registered in Scotland. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The current and future cash position of the company is reviewed regularly by the Director. This includes a comprehensive review of working capital requirements, taking account of the current and projected income and expense streams. On the basis of this review, the director is satisfied that the company has sufficient available resources to meet its commitments as they fall due over the next year and beyond. On that basis, the financial statements have been prepared on a going concern basis.

Significant judgements and estimates

The Directors have made judgements, estimates and assumptions that affect the amounts reported within the financial statements during the year. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. The Directors' estimates, assumptions and judgements that have a significant risk of causing material adjustment to the carrying amount of assets and liabilities within the financial statements are addressed and detail is provided in the associated notes.

Turnover/revenue recognition

Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue and related cost can be reliably measured, it is probable that the collectability of the related receivables is reasonably assured and when the specific criteria for each of the company's activities are met.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Fixed asset investments

Fixed asset investments are initially included at cost which constitutes the market value at the date of purchase. Subsequent measurement is at fair value as at the balance sheet date, with unrealised losses through the profit and loss account.

Financial instruments

The company has no complex financial instruments but does hold basic financial instruments of; cash at bank, debtors, and creditors.

Cash and cash equivalents comprise cash at bank and on hand, foreign currency on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. A bank overdraft would be shown within current liabilities.

Trade and other debtors are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less losses for bad debts except where the effect of discounting would be immaterial. In such cases, trade and other debtors are stated at cost less losses for bad debts.

Trade and other creditors are initially recognised at fair value and subsequently measured at amortised cost using the effective interest rate unless the effect of discounting would be immaterial. In such cases, trade and other creditors are stated at cost.

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.

Hire purchase and leasing commitments

Where assets are financed by leasing agreements that give rights approximating to ownership (finance leases), the assets are treated as if they had been purchased outright. The amount capitalised is the present value of the minimum lease payments payable over the term of the lease. The corresponding leasing commitments are shown as amounts payable to the lessor. Depreciation on the relevant assets is charged to the profit and loss account over the shorter of estimated useful economic life and the period of the lease.

Lease payments are analysed between capital and interest components so that the interest element of the payment is charged to the profit and loss account over the period of the lease and is calculated so that it represents a constant proportion of the balance of capital repayments outstanding. The capital part reduces the amounts payable to the lessor.

All other leases are treated as operating leases. Their annual rentals are charged to the profit and loss account on a straight line basis over the terms of the lease.

Pension costs and other post-retirement benefits

The company operates a money purchase pension scheme in the form of employee personal pension plans. The contracts are between the individual and the pension provider and all funds are held externally by a third party pension provider. Pension contributions are charged to the profit and loss account in the period to which they relate.

Provision for liabilities

A provision is initially recognised when there is an obligation at the balance sheet date as the result of a past event, it is probable that there will be the transfer of funds in settlement and the amount of the obligation can be estimated reliably. The provision is subsequently measured by placing a charge against the provision only for expenditure for which the provision was originally recognised

Employment benefits

The total cost of employee benefits to which employees have become entitled as a result of service rendered to the entity during the reporting period are recognised and charged to the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

150,299

Additions

3,055

Disposals

(958

)

At 31 March 2025

152,396

DEPRECIATION

At 1 April 2024

32,365

Charge for year

29,944

Eliminated on disposal

(730

)

At 31 March 2025

61,579

NET BOOK VALUE

At 31 March 2025

90,817

At 31 March 2024

117,934

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

116,930

DEPRECIATION

At 1 April 2024

20,867

Charge for year

24,016

At 31 March 2025

44,883

NET BOOK VALUE

At 31 March 2025

72,047

At 31 March 2024

96,063

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Other investments

15,412

8,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

575,414

628,167

Other debtors

173,663

287,402

749,077

915,569

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

17,438

20,157

Trade creditors

241,273

450,680

Taxation and social security

101,762

45,923

Other creditors

57,111

113,246

417,584

630,006

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

57,855

72,132

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

17,438

20,157

Between one and five years

57,855

72,132

75,293

92,289

Non-cancellable

operating leases

2025

2024

£

£

Within one year

17,884

18,500

Between one and five years

6,039

24,677

23,923

43,177

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr Ryan John McInnes Crawford

Balance outstanding at start of year

(2,448

)

7,922

Amounts advanced

31,022

47,750

Amounts repaid

(28,678

)

(58,120

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(104

)

(2,448

)

The overdraw director's loan account was repaid within nine months of the year end.

11.	RELATED PARTY DISCLOSURES

As at 31 March 2025, the company was owed £4,000 by a related party, being the partner of the director. This loan is unsecured, interest free and has no fixed repayment terms.

The director is also a director in CKB Hire Ltd, which is now dissolved, making it a related party. As at 31 March 2025 the company was owed £0 by CKB Hire Ltd (2024: £29,682). This loan is unsecured, interest free and has no fixed repayment terms.

The director is also the sole director of Link Holdings Scotland Ltd, making it a related party. As at 31 March 2025 the company was owed £169,032 by Link Holdings Scotland Ltd (2024: £173,132) . This loan is unsecured, interest free and has no fixed repayment terms.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Ryan John McInnes Crawford.