Linx Hoardings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11139759

LINX HOARDINGS LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 January 2025

LINX HOARDINGS LTD

STATEMENT OF FINANCIAL POSITION

31 January 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6		176,662	232,009

CURRENT ASSETS

Debtors	7	212,070	139,960
Cash at bank and in hand		126,798	56,356
		---------	---------
		338,868	196,316

CREDITORS: amounts falling due within one year	8	( 370,756)		( 375,987)
		---------		---------
NET CURRENT LIABILITIES			( 31,888)	( 179,671)
			---------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES			144,774	52,338

CREDITORS: amounts falling due after more than one year	9		–	( 8,598)

PROVISIONS	( 29,038)	( 29,038)
	---------	--------
NET ASSETS	115,736	14,702
	---------	--------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	115,636	14,602
	---------	--------
SHAREHOLDERS FUNDS	115,736	14,702
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

LINX HOARDINGS LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 3 September 2025 , and are signed on behalf of the board by:

M A Bennett	C M D Johnson
Director	Director

Company registration number: 11139759

LINX HOARDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3, 301 Dewsbury Road, Leeds, LS11 5LQ, United Kingdom.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements have also been prepared on the going concern basis. The directors consider the going concern basis to be appropriate as they have confirmed their ongoing support.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.

Income tax

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

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Equipment	-	33% straight line

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 16 (2024: 12 ).

5. TAX ON PROFIT

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	30,975	–
	--------	----
Tax on profit	30,975	–
	--------	----

6. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 February 2024	421,630	1,312	596	423,538
Additions	32,685	–	–	32,685
	---------	-------	----	---------
At 31 January 2025	454,315	1,312	596	456,223
	---------	-------	----	---------
Depreciation
At 1 February 2024	189,866	1,067	596	191,529
Charge for the year	87,971	61	–	88,032
	---------	-------	----	---------
At 31 January 2025	277,837	1,128	596	279,561
	---------	-------	----	---------
Carrying amount
At 31 January 2025	176,478	184	–	176,662
	---------	-------	----	---------
At 31 January 2024	231,764	245	–	232,009
	---------	-------	----	---------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	133,705	123,670
Other debtors	78,365	16,290
	---------	---------
	212,070	139,960
	---------	---------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	8,216	10,000
Trade creditors	285,365	293,582
Corporation tax	30,975	–
Social security and other taxes	–	2,388
Other creditors	46,200	70,017
	---------	---------
	370,756	375,987
	---------	---------

9. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	8,598
	----	-------