REGISTERED NUMBER: 05577787

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Construction Linx Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G Williams

Mrs R Williams

REGISTERED OFFICE:

Unit 8

Crewe Hall Enterprise Park

Crewe

Cheshire

CW1 6UA

REGISTERED NUMBER:

05577787

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

39,917

53,387

39,917

53,387

CURRENT ASSETS

Stocks

7

7,500

7,500

Debtors

8

646,929

844,798

Cash at bank

274,877

79,499

929,306

931,797

CREDITORS

Amounts falling due within one year

9

(871,315

)

(875,289

)

NET CURRENT ASSETS

57,991

56,508

TOTAL ASSETS LESS CURRENT LIABILITIES

97,908

109,895

CREDITORS

Amounts falling due after more than one year

10

(17,885

)

(25,560

)

PROVISIONS FOR LIABILITIES

14

(2,184

)

(2,953

)

NET ASSETS

77,839

81,382

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

77,838

81,381

SHAREHOLDERS' FUNDS

77,839

81,382

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 directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

G Williams - Director

1.	STATUTORY INFORMATION

Construction Linx Limited ('The Company') is primarily engaged in general construction and property maintenance.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Unit 8 Crewe Hall Enterprise Park, Weston Road, Crewe, Cheshire, CW1 6UA. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No other material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Intangible assets

The amount paid in connection with the acquisition of trademarks in 2011 have been fully amortised over the estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off 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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value).

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' current accounts and loans.

Bank loans and directors loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Directors current balances (being those repayable on demand), trade debtors, other debtors and creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment.If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive income, 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 year end.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year end.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the statement of comprehensive income over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to statement of comprehensive income on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the statement of comprehensive income in the period to which they relate.

Impairment of assets

Assets not measured at fair value are reviewed for any indications that the asset maybe impaired at each year end. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the statement of comprehensive income under the appropriate heading.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

5.	INTANGIBLE FIXED ASSETS

Trademarks

£

COST

At 1 January 2024

and 31 December 2024

1,011

AMORTISATION

At 1 January 2024

and 31 December 2024

1,011

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

18,079

17,582

146,850

22,972

205,483

Additions

-

404

-

291

695

At 31 December 2024

18,079

17,986

146,850

23,263

206,178

DEPRECIATION

At 1 January 2024

18,079

17,213

97,383

19,421

152,096

Charge for year

-

213

12,367

1,585

14,165

At 31 December 2024

18,079

17,426

109,750

21,006

166,261

NET BOOK VALUE

At 31 December 2024

-

560

37,100

2,257

39,917

At 31 December 2023

-

369

49,467

3,551

53,387

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

Motor

vehicles

£

COST

At 1 January 2024

146,850

Transfer to ownership

(24,950

)

At 31 December 2024

121,900

DEPRECIATION

At 1 January 2024

97,382

Charge for year

10,393

Transfer to ownership

(17,056

)

At 31 December 2024

90,719

NET BOOK VALUE

At 31 December 2024

31,181

At 31 December 2023

49,468

7.

STOCKS

2024

2023

£

£

Finished goods

7,500

7,500

8.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

387,373

627,442

Other debtors

501

501

Other loans

18,465

18,465

Short term loan

-

629

Directors' current account

101,393

72,086

Prepayments

25,827

22,196

533,559

741,319

Amounts falling due after more than one year:

Amounts owed by group undertakings

80,000

80,000

Tax

33,370

23,479

113,370

103,479

Aggregate amounts

646,929

844,798

Amounts owed by group undertakings are unsecured, interest free and are subject to an annual review on 1 January 2023.

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 11)

11,287

24,522

Hire purchase contracts and finance leases (see note 12)

6,920

10,976

Trade creditors

187,767

310,643

Tax

60,599

47,561

Social security and other taxes

19,899

20,313

VAT

179,785

181,698

Other creditors

11,688

4,718

Invoice financing

35,325

147,809

Deferred income

249,070

91,784

Accrued expenses

108,975

35,265

871,315

875,289

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts and finance leases (see note 12)

17,885

25,560

11.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

11,287

24,522

12.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

2024

2023

2024

2023

£

£

£

£

Net obligations repayable:

Within one year

-

3,917

6,920

7,059

Between one and five years

-

-

17,885

25,560

-

3,917

24,805

32,619

13.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdrafts

11,287

24,522

Hire purchase contracts and finance leases

24,805

36,536

Invoice financing

35,324

147,809

71,416

208,867

The loans have been personally guaranteed by Mr G Williams.

Invoice financing liabilities are secured over trade debts of the company. The hire purchase contracts and finance leases are secured over the asset to which it relates.

14.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

2,184

2,953

Deferred

tax

£

Balance at 1 January 2024

2,953

Provided during year

(769

)

Balance at 31 December 2024

2,184

15.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

G Williams and Mrs R Williams

Balance outstanding at start of year

72,086

72,086

Amounts advanced

29,307

93,421

Amounts repaid

-

(93,421

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

101,393

72,086

During the year the directors' loan balance was in a debit position and interest totalling £1,949 has been charged to the directors at the official rate applicable to beneficial loans.

16.	RELATED PARTY DISCLOSURES

The company has provided loans (including interest-free loans) to companies, which are associated by common control of the directors. Interest income from these loans included in the statement of comprehensive income is £603.