LINECORD LIMITED

Registered Number
05348644
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

LINECORD LIMITED

Company Information
for the year from 1 March 2024 to 28 February 2025


Directors	HIRANI, Jitesh Bhailal
	HIRANI, Madhukant Karsandas
	HIRANI, Manher Karsandas
	HIRANI, Vrajlal


Company Secretary	HIRANI, Madhukant Karsandas


Registered Address	88 Betham Road
	Greenford
	Middlesex
	UB6 8SA


Registered Number	05348644 (England and Wales)

LINECORD LIMITED

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,325,144		1,325,144
			1,325,144		1,325,144
Current assets
Debtors	4	1		-
Cash at bank and on hand		19,383		7,486
		19,384		7,486
Creditors amounts falling due within one year	5	(174,719)		(118,144)
Net current assets (liabilities)			(155,335)		(110,658)
Total assets less current liabilities			1,169,809		1,214,486
Creditors amounts falling due after one year	6		(461,756)		(515,318)
Net assets			708,053		699,168
Capital and reserves
Called up share capital			100		100
Profit and loss account			707,953		699,068
Shareholders' funds			708,053		699,168

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 18 September 2025, and are signed on its behalf by:

HIRANI, Jitesh Bhailal
Director
Registered Company No. 05348644

LINECORD LIMITED

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 March 24	1,325,144
	At 28 February 25	1,325,144
	Net book value
	At 28 February 25	1,325,144
	At 29 February 24	1,325,144

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	1	-
Total	1	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	18,000	18,000
Bank borrowings and overdrafts	-	986
Taxation and social security	3,208	18,196
Other creditors	27,569	27,569
Accrued liabilities and deferred income	125,942	53,393
Total	174,719	118,144

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	347,944	401,506
Other creditors	113,812	113,812
Total	461,756	515,318