Company Registration No. 10717484 (England and Wales)
Link Power Transmissions Limited
Unaudited accounts
for the year ended 31 July 2025
Link Power Transmissions Limited
Unaudited accounts
Contents
Link Power Transmissions Limited
Company Information
for the year ended 31 July 2025
Directors
J A Hand
N Griffiths
Company Number
10717484 (England and Wales)
Registered Office
Sean House
Abbey Road North
Wrexham Industrial Estate
Wrexham
LL13 9RX
Accountants
Bayliss Baines Limited
29 Chester Street
Wrexham
LL13 8BG
Link Power Transmissions Limited
Statement of financial position
as at 31 July 2025
Tangible assets
50,763
66,322
Cash at bank and in hand
241,297
137,255
Creditors: amounts falling due within one year
(265,269)
(260,032)
Net current assets
294,851
276,305
Total assets less current liabilities
345,614
342,627
Provisions for liabilities
Deferred tax
(12,417)
(16,269)
Net assets
333,197
326,358
Called up share capital
200
200
Profit and loss account
332,997
326,158
Shareholders' funds
333,197
326,358
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by
N Griffiths
Director
Company Registration No. 10717484
Link Power Transmissions Limited
Notes to the Accounts
for the year ended 31 July 2025
Link Power Transmissions Limited is a private company, limited by shares, registered in England and Wales, registration number 10717484. The registered office is Sean House, Abbey Road North, Wrexham Industrial Estate, Wrexham, LL13 9RX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance basis
Fixtures & fittings
20% Reducing balance basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Link Power Transmissions Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
103,640
22,142
125,782
At 31 July 2025
103,640
22,713
126,353
At 1 August 2024
48,628
10,832
59,460
Charge for the year
13,754
2,376
16,130
At 31 July 2025
62,382
13,208
75,590
At 31 July 2025
41,258
9,505
50,763
At 31 July 2024
55,012
11,310
66,322
Amounts falling due within one year
Trade debtors
279,605
328,433
Other debtors
19,218
45,649
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
148,720
149,726
Taxes and social security
106,898
101,203
Other creditors
9,144
9,103
Loans from directors
507
-
7
Deferred taxation
2025
2024
Accelerated capital allowances
12,417
16,269
Provision at start of year
16,269
16,905
Credited to the profit and loss account
(3,852)
(636)
Provision at end of year
12,417
16,269
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).