Linx Mechanical Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10141174

Linx Mechanical Services Limited

Filleted Unaudited Financial Statements

31 March 2025

Linx Mechanical Services Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		113,226		98,298

Current assets

Debtors	7	618,447	227,865
Cash at bank and in hand		828,194	1,577,868
		------------	------------
		1,446,641	1,805,733

Creditors: amounts falling due within one year	8	640,661		1,134,721
		------------		------------
Net current assets			805,980		671,012
			---------		---------
Total assets less current liabilities			919,206		769,310

Creditors: amounts falling due after more than one year	9		50,320		48,298

Provisions

Taxation including deferred tax	28,300	18,677
	---------	---------
Net assets	840,586	702,335
	---------	---------

Capital and reserves

Called up share capital	10	105	105
Profit and loss account		840,481	702,230
		---------	---------
Shareholders funds		840,586	702,335
		---------	---------

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 income and retained earnings has not been delivered.

For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Linx Mechanical Services Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 19 November 2025 , and are signed on behalf of the board by:

Mr Kevin McCollin	Mr Philip Bauckham
Director	Director

Company registration number: 10141174

Linx Mechanical Services Limited

Notes to the Financial Statements

Year ended 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 Unit 1, Mount Airy Business Park, Brough Road, Ellerker, East Yorkshire, HU15 2DB.

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 goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income 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 assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised increase accumulated in equity in respect of that asset.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

4. Particulars of employees

The average number of persons employed by the company during the year amounted to 9 (2024: 7 ).

5. Taxation on ordinary activities

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	53,647	42,146

Deferred tax:

Origination and reversal of timing differences	9,623	( 4,625)
	--------	--------
Taxation on ordinary activities	63,270	37,521
	--------	--------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	16,135	11,160	195,891	223,186
Additions	3,520	1,165	47,980	52,665
	--------	--------	---------	---------
At 31 March 2025	19,655	12,325	243,871	275,851
	--------	--------	---------	---------
Depreciation
At 1 April 2024	10,762	7,405	106,721	124,888
Charge for the year	2,224	1,229	34,284	37,737
	--------	--------	---------	---------
At 31 March 2025	12,986	8,634	141,005	162,625
	--------	--------	---------	---------
Carrying amount
At 31 March 2025	6,669	3,691	102,866	113,226
	--------	--------	---------	---------
At 31 March 2024	5,373	3,755	89,170	98,298
	--------	--------	---------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 March 2025	87,873
	--------
At 31 March 2024	79,276
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	601,664	213,325
Prepayments and accrued income	16,783	12,498
Directors loan account	–	2,042
	---------	---------
	618,447	227,865
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	138,533	284,864
Amounts owed to participating interests	101,005	214,682
Accruals and deferred income	89,074	394,149
Corporation tax	53,647	42,146
Social security and other taxes	200,611	163,978
Obligations under finance leases and hire purchase contracts	27,350	26,125
Director loan accounts	27,197	–
Other creditors	3,244	8,777
	---------	------------
	640,661	1,134,721
	---------	------------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Obligations under finance leases and hire purchase contracts	50,320	48,298
	--------	--------

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	102	102	102	102
'A' Ordinary shares of £ 1 each	3	3	3	3
	----	----	----	----
	105	105	105	105
	----	----	----	----

11. Directors' advances, credits and guarantees

At the year end date, the directors owed the company £2,803 (2024: £2,042). This amount was repaid shortly after the year end.