Company registration number 04096250 (England and Wales)
LATELINK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
LATELINK LIMITED
COMPANY INFORMATION
Directors
Mr N Richards
Mr E J Helps
Mr R Bell
Secretary
Mr E J Helps
Company number
04096250
Registered office
Scarfield Wharf
Scarfield Hill
Alvechurch
Worcestershire
B48 7SQ
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
LATELINK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
LATELINK LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Intangible assets
-
0
-
0
Current assets
Debtors
4
231
434
Cash at bank and in hand
269
748
500
1,182
Creditors: amounts falling due within one year
5
(720)
(1,066)
Net current (liabilities)/assets
(220)
116
Capital and reserves
Called up share capital
6
8
8
Share premium account
998
998
Profit and loss reserves
(1,226)
(890)
Total equity
(220)
116

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 March 2026 and are signed on its behalf by:
Mr E J Helps
Director
Company registration number 04096250 (England and Wales)
LATELINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Latelink Limited is a private company limited by shares incorporated in England and Wales. The registered office is Scarfield Wharf, Scarfield Hill, Alvechurch, Worcestershire, B48 7SQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

LATELINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.7
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

LATELINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
228
432
Other debtors
3
2
231
434
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
330
757
Taxation and social security
39
6
Other creditors
351
303
720
1,066
6
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
8 Ordinary of £1 each
8
8
2025-10-31 2024-11-01 false false false 19 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr N Richards Mr R Bell Mr R Bell Mr E J Helps 04096250 2024-11-01 2025-10-31 04096250 bus:Director1 2024-11-01 2025-10-31 04096250 bus:CompanySecretaryDirector1 2024-11-01 2025-10-31 04096250 bus:Director2 2024-11-01 2025-10-31 04096250 bus:CompanySecretary1 2024-11-01 2025-10-31 04096250 bus:Director3 2024-11-01 2025-10-31 04096250 bus:RegisteredOffice 2024-11-01 2025-10-31 04096250 2025-10-31 04096250 2024-10-31 04096250 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 04096250 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 04096250 core:CurrentFinancialInstruments 2025-10-31 04096250 core:CurrentFinancialInstruments 2024-10-31 04096250 core:ShareCapital 2025-10-31 04096250 core:ShareCapital 2024-10-31 04096250 core:SharePremium 2025-10-31 04096250 core:SharePremium 2024-10-31 04096250 core:RetainedEarningsAccumulatedLosses 2025-10-31 04096250 core:RetainedEarningsAccumulatedLosses 2024-10-31 04096250 core:ShareCapitalOrdinaryShareClass1 2025-10-31 04096250 core:ShareCapitalOrdinaryShareClass1 2024-10-31 04096250 2023-11-01 2024-10-31 04096250 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04096250 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04096250 bus:FRS102 2024-11-01 2025-10-31 04096250 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 04096250 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP