ACCOUNTS - Final Accounts

Registered number: 03130928

LINDA ENTERPRISES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025


LINDA ENTERPRISES LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 5


LINDA ENTERPRISES LIMITED REGISTERED NUMBER:03130928

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

	2025	2024
Note	£	£


Current assets
Debtors due within 1 year	4	452,668	466,102
Cash at bank and in hand		59,489	105,475
		512,157	571,577
Current liabilities
Creditors: amounts falling due within one year	5	(35,583)	(94,614)

Net assets		476,574	476,963

Capital and reserves
Called up share capital	6	2	2
Profit and loss account		476,572	476,961
		476,574	476,963

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 November 2025.

R J Ewbank

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


LINDA ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Linda Enterprises Limited is a private company limited by shares registered in England and Wales with its principal place of business and registered office at 1 Soho Square, London, W1D 3BQ.
The principal activity of the Company is the endorsement and promotion of commercial products. In addition, the Company manages the creative works of the late Linda McCartney.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the Company in respect of receipts for royalties, licensing rights and limited edition photo rights during the year, exclusive of Value Added Tax.
Royalty income and licensing rights which are non-returnable and non-recoupable are accounted for on an accruals basis. Returnable advances are accounted for on a royalty earning basis.

2.3

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.5

Creditors

Short term creditors are measured at the transaction price.

2.6

Affiliated undertakings

In the financial statements, companies are described as affiliated to Linda Enterprises Limited if:
(i) they have the same shareholders or ultimate shareholders as Linda Enterprises Limited; or
(ii) the company is owned by one or more of the shareholders of Linda Enterprises Limited.

Page 2


LINDA ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

2.8

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

Debtors

2025

2024

Page 3


LINDA ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.Debtors (continued)


Trade debtors	33	6,659
Amounts owed by affiliated undertakings	449,344	430,779
Other debtors	3,291	28,664
	452,668	466,102

Page 4


LINDA ENTERPRISES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	3,452	34,614
Amounts owed to affiliated undertakings	32,131	60,000
	35,583	94,614

6.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

2 (2024 - 2) Ordinary shares of £1 each	2	2

7.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 28 November 2025 by Stephen Iseman FCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

Page 5