REGISTERED NUMBER: 05325950 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LINRAY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P Grosskopf

Mrs E Grosskopf

I Grosskopf

REGISTERED OFFICE:

11 Highfield Gardens

London

NW11 9HD

REGISTERED NUMBER:

05325950 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Intangible assets

4

218,240

232,067

Tangible assets

5

894,697

997,921

1,112,937

1,229,988

CURRENT ASSETS

Debtors

6

749,558

793,960

Investments

7

80,000

80,000

Cash at bank

79,753

249,650

909,311

1,123,610

CREDITORS

Amounts falling due within one year

8

(1,064,785

)

(1,238,269

)

NET CURRENT LIABILITIES

(155,474

)

(114,659

)

TOTAL ASSETS LESS CURRENT LIABILITIES

957,463

1,115,329

CREDITORS

Amounts falling due after more than one year

9

(126,822

)

(378,376

)

NET ASSETS

830,641

736,953

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

830,639

736,951

SHAREHOLDERS' FUNDS

830,641

736,953

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by:

Mrs E Grosskopf - Director

P Grosskopf - Director

1.	STATUTORY INFORMATION

Linray Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

5% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 59 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

293,550

AMORTISATION

At 1 April 2024

61,483

Charge for year

13,827

At 31 March 2025

75,310

NET BOOK VALUE

At 31 March 2025

218,240

At 31 March 2024

232,067

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,867,296

23,824

97,578

1,988,698

Additions

403,871

-

9,434

413,305

Disposals

(680,330

)

-

-

(680,330

)

At 31 March 2025

1,590,837

23,824

107,012

1,721,673

DEPRECIATION

At 1 April 2024

876,972

18,709

95,096

990,777

Charge for year

46,443

768

4,000

51,211

Eliminated on disposal

(215,012

)

-

-

(215,012

)

At 31 March 2025

708,403

19,477

99,096

826,976

NET BOOK VALUE

At 31 March 2025

882,434

4,347

7,916

894,697

At 31 March 2024

990,324

5,115

2,482

997,921

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

219,677

367,790

Other debtors

529,881

426,170

749,558

793,960

7.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

80,000

80,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

258,086

258,086

Trade creditors

213,271

85,341

Amounts owed to group undertakings

173,720

323,720

Taxation and social security

109,584

130,826

Other creditors

310,124

440,296

1,064,785

1,238,269

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

13,347

Hire purchase contracts

126,822

365,029

126,822

378,376

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Retained

earnings

£

At 1 April 2024

736,951

Profit for the year

93,688

At 31 March 2025

830,639