Link-IT-Consult Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14410908

Link-IT-Consult Limited

Filleted Unaudited Financial Statements

31 March 2025

Link-IT-Consult Limited

Statement of Financial Position

31 March 2025

	31 Mar 25		31 Oct 23
Note	£	£	£	£

Current assets

Debtors	5	449	7,092
Cash at bank and in hand		840	5,940
		-------	--------
		1,289	13,032

Creditors: amounts falling due within one year	6	2,504		4,071
		-------		--------
Net current (liabilities)/assets			( 1,215)		8,961
			-------		-------
Total assets less current liabilities			( 1,215)		8,961
			-------		-------
Net (liabilities)/assets			( 1,215)		8,961
			-------		-------

Capital and reserves

Called up share capital	7	1	1
Profit and loss account		( 1,216)	8,960
		-------	-------
Shareholders (deficit)/funds		( 1,215)	8,961
		-------	-------

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 comprehensive income has not been delivered.

For the period ending 31 March 2025 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 period in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 28 November 2025 , and are signed on behalf of the board by:

E Lambert
Director

Company registration number: 14410908

Link-IT-Consult Limited

Notes to the Financial Statements

Period from 1 November 2023 to 31 March 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 146 New London Road, Chelmsford, Essex, CM2 0AW. The company ceased trading 31 March 2025.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

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

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 1 (2023: 1 ).

5. Debtors

	31 Mar 25	31 Oct 23
	£	£
Corporation tax repayable	449	–
Director's loan account	–	6,805
Other debtors	–	287
	----	-------
	449	7,092
	----	-------

6. Creditors: amounts falling due within one year

	31 Mar 25	31 Oct 23
	£	£
Trade creditors	118	87
Accruals and deferred income	1,500	1,730
Corporation tax	–	2,254
Director loan accounts	886	–
	-------	-------
	2,504	4,071
	-------	-------

7. Called up share capital

Issued, called up and fully paid

	31 Mar 25		31 Oct 23
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

8. Director's advances, credits and guarantees

At the period end the company owed the director £886 (2023: the director owed the company £6,805) by way of a directors loan account which is shown amongst creditors. The maximum amount outstanding during the period was £6,805. No interest has been charged on this loan.

9. Related party transactions

During the period the company incurred costs of £nil (2023: £9,100) from an individual directly related to the director.