Linq Healthcare Recruitment Specialists Limited

Linq Healthcare Recruitment Specialists Limited
Contents Page
For the year ended 31 December 2024

Statement of financial position	1
Notes to the financial statements	2

Linq Healthcare Recruitment Specialists Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	12,425	15,632
		12,425	15,632
Current assets
Debtors		635,143	250,012
Cash at bank and in hand		346,419	61,413
		981,562	311,425
Creditors: amount falling due within one year		(794,699)	(297,843)
Net current assets		186,863	13,582

Total assets less current liabilities		199,288	29,214
Creditors: amount falling due after more than one year		(194,872)	(19,250)
Provisions for liabilities		(2,397)	(2,638)
Net assets		2,019	7,326

Capital and reserves
Called up share capital	4	2	2
Profit and loss account		2,017	7,324
Shareholders' funds		2,019	7,326

For the year ended 31 December 2024 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 25 September 2025 and were signed on its behalf by:

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Michael John McEvoy
Director

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Joanne Reid-Lyle
Director

1

Linq Healthcare Recruitment Specialists Limited
Notes to the Abridged Financial Statements
For the year ended 31 December 2024

General Information

Linq Healthcare Recruitment Specialists Limited is a private company, limited by shares, registered in England and Wales, registration number 11001354, registration address Suite 22A, City Tower, Piccadilly Plaza, Manchester, M1 4BT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 31 (2023 : 42).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 January 2024	22,263	22,263
Additions	901	901
Disposals	-	-
At 31 December 2024	23,164	23,164
Depreciation
At 01 January 2024	6,632	6,632
Charge for year	4,107	4,107
On disposals	-	-
At 31 December 2024	10,739	10,739
Net book values
Closing balance as at 31 December 2024	12,425	12,425
Opening balance as at 01 January 2024	15,632	15,632

4.

Share Capital

Allotted, called up and fully paid	2024 £		2023 £
2 Class A shares of £1.00 each	2		2
	2		2

2

Registered Number: 11001354
England and Wales
LINQ HEALTHCARE RECRUITMENT SPECIALISTS LIMITED

Abridged Accounts

Period of accounts Start date: 01 January 2024 End date: 31 December 2024