Company registration number 01992213 (England and Wales)
OPENLINK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
OPENLINK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
OPENLINK LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
4
24,175
24,175
Investments
5
1
1
24,176
24,176
Current assets
Cash at bank and in hand
28,988
40,395
Creditors: amounts falling due within one year
6
(18,967)
(19,075)
Net current assets
10,021
21,320
Net assets
34,197
45,496
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
34,097
45,396
Total equity
34,197
45,496

For the financial year ended 31 December 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 25 March 2026 and are signed on its behalf by:
Mr K Scott
Director
Company registration number 01992213 (England and Wales)
OPENLINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Openlink Limited is a private company limited by shares incorporated in England and Wales. The registered office is Little Weeke, Weeke Hill, Dartmouth, Devon, TQ6 0JT.

1.1
Basis of preparation

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
Revenue

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
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
33.33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

OPENLINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.6
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.

1.7
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.

1.8
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.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

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

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

OPENLINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
2
Employees

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

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025 and 31 December 2025
3,516
Depreciation and impairment
At 1 January 2025 and 31 December 2025
3,516
Carrying amount
At 31 December 2025
-
0
At 31 December 2024
-
0
4
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
24,175

The investment property has been revalued by the Directors as at 31 December 202 4, no independent valuer was involved.

5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
1
1
OPENLINK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
1,759
2,467
Other creditors
17,208
16,608
18,967
19,075
7
Related party transactions
2025
2024
Amounts due to related parties
£
£
Key management personnel
4,467
3,867
2025-12-31 2025-01-01 false false false 25 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs M J Scott Mr K Scott Mrs MJ Scott 01992213 2025-01-01 2025-12-31 01992213 2025-12-31 01992213 2024-12-31 01992213 core:WithinOneYear 2025-12-31 01992213 core:WithinOneYear 2024-12-31 01992213 core:CurrentFinancialInstruments 2025-12-31 01992213 core:CurrentFinancialInstruments 2024-12-31 01992213 core:ShareCapital 2025-12-31 01992213 core:ShareCapital 2024-12-31 01992213 core:RetainedEarningsAccumulatedLosses 2025-12-31 01992213 core:RetainedEarningsAccumulatedLosses 2024-12-31 01992213 bus:Director1 2025-01-01 2025-12-31 01992213 core:ComputerEquipment 2025-01-01 2025-12-31 01992213 2024-01-01 2024-12-31 01992213 core:OtherPropertyPlantEquipment 2024-12-31 01992213 core:OtherPropertyPlantEquipment 2025-12-31 01992213 core:OtherPropertyPlantEquipment 2024-12-31 01992213 2024-12-31 01992213 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01992213 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01992213 bus:FRS102 2025-01-01 2025-12-31 01992213 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 01992213 bus:Director2 2025-01-01 2025-12-31 01992213 bus:CompanySecretary1 2025-01-01 2025-12-31 01992213 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP