Linx Business Communications Limited


Directors	Darren Palmer
	Samantha Slyziak
	Luke Welburn


Registered Address	93-97 Saltergate
	Chesterfield
	Derbyshire
	S40 1LA


Place of Business	1st Floor Langton House
	Lindum Business Park
	Station Road
	North Hykeham
	LN6 3QX


Registered Number	04913299 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		45,842		48,604
			45,842		48,604
Current assets
Debtors		560,935		584,444
Cash at bank and on hand		231,659		333,014
		792,594		917,458
Creditors amounts falling due within one year		(367,744)		(358,947)
Net current assets (liabilities)			424,850		558,511
Total assets less current liabilities			470,692		607,115
Provisions for liabilities			(11,460)		(11,498)
Net assets			459,232		595,617
Capital and reserves
Called up share capital			70		70
Other reserves			30		30
Profit and loss account			459,132		595,517
Shareholders' funds			459,232		595,617

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Board of Directors on 19 November 2025, and are signed on its behalf by:

Darren Palmer
Director
Registered Company No. 04913299

Linx Business Communications Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements have been prepared on the historical cost basis. The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	The turnover shown in the profit and loss account represents amounts earned during the year exclusive of Value Added Tax.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Impairments A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Tangible fixed assets and depreciation

Tangible fixed assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Impairments
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

	Financial instruments
	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 in other administrative expenses.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	39		31

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	141,429
	Additions	12,380
	Disposals	(4,146)
	At 31 March 25	149,663
	Depreciation and impairment
	At 01 April 24	92,825
	Charge for year	14,110
	On disposals	(3,114)
	At 31 March 25	103,820
	Net book value
	At 31 March 25	45,842
	At 31 March 24	48,604

4.	Other commitments
	The total future minimum lease payments under non-cancellable operating leases are £71,773 (2024 £77,290) not later than 1 year and £43,154 (2024 £19,650) later than 1 and not later than 5.

5.	Related party transactions
	The company has taken advantage of exemption conferred by FRS 102 S33.1A, removing the requirement to disclose transactions between group companies. On 3 April 2021, the Linx LB Employee Ownership Trust ("EOT") purchased 75% of the ordinary share capital, following which the company became an employee owned company. The funding for the transaction (and associated costs) was achieved through an initial contribution by the company and a loan from the previous owner. The directors are of the opinion that de-facto control does not exist and therefore excluded the assets and liabilities of the EOT from these financial statements and consolidated accounts have not been prepared. Linx LB Employee Ownership Trust is the beneficial owner of 75% of the ordinary share capital of Linx Business Communications Ltd. The shares are held by Linx LB Trustees Limited in its capacity as corporate trustee. At 31 March 2025 there was a Related Party balance with Linx LB Holding Limited of £296,253 (2024: £306,242). The loan is unsecured, interest free and repayable on demand.

Related party transactions

The company has taken advantage of exemption conferred by FRS 102 S33.1A, removing the requirement to disclose transactions between group companies.

On 3 April 2021, the Linx LB Employee Ownership Trust ("EOT") purchased 75% of the ordinary share capital, following which the company became an employee owned company. The funding for the transaction (and associated costs) was achieved through an initial contribution by the company and a loan from the previous owner. 

The directors are of the opinion that de-facto control does not exist and therefore excluded the assets and liabilities of the EOT from these financial statements and consolidated accounts have not been prepared.

Linx LB Employee Ownership Trust is the beneficial owner of 75% of the ordinary share capital of Linx Business Communications Ltd. The shares are held by Linx LB Trustees Limited in its capacity as corporate trustee.

At 31 March 2025 there was a Related Party balance with Linx LB Holding Limited of £296,253 (2024: £306,242). The loan is unsecured, interest free and repayable on demand.