REGISTERED NUMBER: 03416570 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

CHEYNE LINK LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

23,291

27,501

Current assets

Stocks

500

500

Debtors

5

155,985

162,085

Cash at bank

308

307

156,793

162,892

Creditors

Amounts falling due within one year

6

171,895

156,351

Net current (liabilities)/assets

(15,102

)

6,541

Total assets less current liabilities

8,189

34,042

Creditors

Amounts falling due after more than one year

7

-

(7,334

)

Provisions for liabilities

8

(5,823

)

(6,793

)

Net assets

2,366

19,915

Capital and reserves

Called up share capital

9

100

100

Retained earnings

2,266

19,815

Shareholders' funds

2,366

19,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2026 and were signed by:

Mr M Cheyne - Director

1.	Statutory information

Cheyne Link Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03416570. The registered office and business address is Habgoods Yard, Brook Lane, Corfe Mullen, Wimborne, Dorset, BH21 3UD.

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 represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course of business. Turnover is recognised when the service has been provided to the customer.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 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

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company, it's fellow subsidiary and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 October 2024

31,787

21,269

18,195

71,251

Disposals

(108

)

-

-

(108

)

At 30 September 2025

31,679

21,269

18,195

71,143

Depreciation

At 1 October 2024

15,041

10,701

18,008

43,750

Charge for year

2,500

1,585

47

4,132

Eliminated on disposal

(30

)

-

-

(30

)

At 30 September 2025

17,511

12,286

18,055

47,852

Net book value

At 30 September 2025

14,168

8,983

140

23,291

At 30 September 2024

16,746

10,568

187

27,501

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

1,848

39,285

Amounts owed by group undertakings

151,327

119,799

Prepayments

2,810

3,001

155,985

162,085

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

25,587

29,394

Trade creditors

26,699

28,683

Tax

63,190

66,499

Social security and other taxes

-

40

VAT

20,364

10,729

Credit card

27,201

16,754

Accruals and deferred income

8,854

4,252

171,895

156,351

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 1-2 years

-

7,334

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

5,823

6,793

Deferred

tax

£

Balance at 1 October 2024

6,793

Provided during year

(970

)

Balance at 30 September 2025

5,823

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	Ultimate controlling party

The company is ultimately controlled by the director Mr M Cheyne, by virtue of his 51% holding in the voting share capital of the parent company, Cheyne Link Holdings Limited.