REGISTERED NUMBER: 13245779 (England and Wales)

Celestial Link Ltd

Unaudited Financial Statements

For The Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

D T Bui

REGISTERED OFFICE:

20 Avenue Road

Scarborough

North Yorkshire

YO12 5JX

REGISTERED NUMBER:

13245779 (England and Wales)

ACCOUNTANTS:

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Celestial Link Ltd for the year ended 31 March 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Celestial Link Ltd in accordance with the terms of our engagement letter dated 2 October 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Celestial Link Ltd and state those matters that we have agreed to state to the director of Celestial Link Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Celestial Link Ltd and its director for our work or for this report.

It is your duty to ensure that Celestial Link Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Celestial Link Ltd. You consider that Celestial Link Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Celestial Link Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

15 June 2026

FIXED ASSETS

Tangible assets

4

752,285

1,253,208

CURRENT ASSETS

Debtors

709,852

254,786

Cash at bank

39,772

24,834

749,624

279,620

CREDITORS

Amounts falling due within one year

1,024,270

1,007,180

NET CURRENT LIABILITIES

(274,646

)

(727,560

)

TOTAL ASSETS LESS CURRENT LIABILITIES

477,639

525,648

CREDITORS

Amounts falling due after more than one year

-

(115,471

)

PROVISIONS FOR LIABILITIES

(15,078

)

(25,435

)

NET ASSETS

462,561

384,742

CAPITAL AND RESERVES

Called up share capital

146,843

146,843

Retained earnings

315,718

237,899

SHAREHOLDERS' FUNDS

462,561

384,742

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 June 2026 and were signed by:

D T Bui - Director

1.	STATUTORY INFORMATION

Celestial Link Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable on furnished holiday lettings, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Freehold investment property

In accordance with Section 1A "Small Entities" of Financial Reporting Standard 102, Freehold investment properties are revalued annually and the aggregate surplus or deficit is transferred to retained earnings, and no depreciation is provided.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

1,254,970

Additions

607

Disposals

(501,285

)

At 31 March 2025

754,292

DEPRECIATION

At 1 April 2024

1,762

Charge for year

598

Eliminated on disposal

(353

)

At 31 March 2025

2,007

NET BOOK VALUE

At 31 March 2025

752,285

At 31 March 2024

1,253,208

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2024

58,027

Cost

696,265

754,292

5.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as restated

£

£

Bank loans

-

146,382

The bank loans have been repaid in the year.

Previously, the bank loans were secured by a mortgage on one of the company's freehold properties, together with a floating charge over all other assets of the company.

6.	RELATED PARTY DISCLOSURES

At 31 March 2025, the company was owed £702,841 by Celestial Assets Limited, a company controlled by the director (2024 - £251,983). The loan is repayable on demand and is interest free.

At 31 March 2025, the company was owed £5,000 by Maryham Limited, a company controlled by the director (2024 - £nil). The loan is repayable on demand and is interest free.