REGISTERED NUMBER: 08516393 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Adlink (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P S Nagi

SECRETARY:

REGISTERED OFFICE:

Nagi House

Alperton Lane

Wembley

Middlesex

HA0 1DX

REGISTERED NUMBER:

08516393 (England and Wales)

ACCOUNTANTS:

Aquarius Tax Consultancy Limited

Suite 1B The Beehive

Lions Drive

Shadsworth Business Park

Blackburn

Lancashire

BB1 2QS

FIXED ASSETS

Tangible assets

4

652,970

591,901

CURRENT ASSETS

Stocks

871,909

823,602

Debtors

5

1,246,696

1,065,368

Cash at bank and in hand

573,741

592,663

2,692,346

2,481,633

CREDITORS

Amounts falling due within one year

6

1,700,910

1,505,716

NET CURRENT ASSETS

991,436

975,917

TOTAL ASSETS LESS CURRENT LIABILITIES

1,644,406

1,567,818

CREDITORS

Amounts falling due after more than one year

7

(15,224

)

-

PROVISIONS FOR LIABILITIES

(49,397

)

(42,890

)

NET ASSETS

1,579,785

1,524,928

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,579,784

1,524,927

SHAREHOLDERS' FUNDS

1,579,785

1,524,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 30th December 2025 and were signed by:

P S Nagi - Director

1.	STATUTORY INFORMATION

Adlink (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Property improvements

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Property

Plant and

and

Motor

improvements

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st April 2024

445,064

72,862

172,216

112,348

802,490

Additions

1,495

5,373

6,356

139,890

153,114

Disposals

-

-

-

(16,600

)

(16,600

)

At 31st March 2025

446,559

78,235

178,572

235,638

939,004

DEPRECIATION

At 1st April 2024

44,116

46,715

72,740

47,018

210,589

Charge for year

8,914

10,819

10,691

49,171

79,595

Eliminated on disposal

-

-

-

(4,150

)

(4,150

)

At 31st March 2025

53,030

57,534

83,431

92,039

286,034

NET BOOK VALUE

At 31st March 2025

393,529

20,701

95,141

143,599

652,970

At 31st March 2024

400,948

26,147

99,476

65,330

591,901

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

1,020,030

825,894

Other debtors

167,106

172,072

Prepayments

59,560

67,402

1,246,696

1,065,368

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase finance

15,224

-

Trade creditors

926,089

651,910

Amounts owed to group undertakings

576,227

586,227

Tax

24,955

93,698

Social security and other taxes

14,943

12,306

VAT

60,547

91,815

Other creditors

72,425

58,760

Accruals and deferred income

10,500

11,000

1,700,910

1,505,716

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase finance -

more than 1 year

15,224

-

15,224

-

8.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Covax Investments Limited by virtue of their ownership of 100% of the issued share capital in the company..