Company No: 02639573 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	284		495
Investment property	4	510,000		510,000
Investments	5	648		648
		510,932		511,143
Current assets
Debtors	6	2,566		81,226
Cash at bank and in hand		36,946		56,015
		39,512		137,241
Creditors: amounts falling due within one year	7	( 279,339)		( 404,653)
Net current liabilities		(239,827)		(267,412)
Total assets less current liabilities		271,105		243,731
Net assets		271,105		243,731
Capital and reserves
Called-up share capital		500		500
Undistributable reserve		170,000		170,000
Profit and loss account		100,605		73,231
Total shareholders' funds		271,105		243,731

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of The Trade Link Company Limited (registered number: 02639573) were approved and authorised for issue by the Board of Directors on 03 August 2026. They were signed on its behalf by:

E J Pettit Director		T W Davis Director
J E C Davis Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Trade Link Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of rent received in the ordinary course of the company’s activities and is recognised in the period to which it relates. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences

10 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value through the profit and loss account and then presented under undistributable reserves. If applicable, deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Intangible assets

	Trademarks, patents and licences		Total
	£		£
Cost
At 01 April 2025	2,113		2,113
At 31 March 2026	2,113		2,113
Accumulated amortisation
At 01 April 2025	1,618		1,618
Charge for the financial year	211		211
At 31 March 2026	1,829		1,829
Net book value
At 31 March 2026	284		284
At 31 March 2025	495		495

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2025	510,000
As at 31 March 2026	510,000

Valuation

The value of investment property is derived from observable current market prices for comparable real estate determined by the directors. The assets have a current value of £510,000 (2025 - £510,000).

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2026		2025
	£		£
Historic cost	340,000		340,000

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2025	30,000		30,000
At 31 March 2026	30,000		30,000
Provisions for impairment
At 01 April 2025	29,352		29,352
At 31 March 2026	29,352		29,352
Carrying value at 31 March 2026	648		648
Carrying value at 31 March 2025	648		648

6. Debtors

	2026		2025
	£		£
Other taxation and social security	0		79,956
Other debtors	2,566		1,270
	2,566		81,226

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	40		0
Taxation and social security	6,470		349,553
Other creditors	272,829		55,100
	279,339		404,653

8. Related party transactions

Transactions with the entity's directors

Advances

At 1 April 2025, the balance owed by the directors was £Nil. During the year, £8,570 was advanced to the directors and £8,570 was repaid by the directors. At 31 March 2026, the balance owed by the directors was £Nil.