Linx International Group Limited - Accounts to registrar (filleted) - small 18.2
Linx International Group Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2021 |
| FOR |
| LINX INTERNATIONAL GROUP LIMITED |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 MARCH 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| LINX INTERNATIONAL GROUP LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 MARCH 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1 High Street |
| Thatcham |
| Berks |
| RG19 3JG |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| BALANCE SHEET |
| 31 MARCH 2021 |
| 31.3.21 | 31.3.20 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Capital redemption reserve | 9 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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. |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| BALANCE SHEET - continued |
| 31 MARCH 2021 |
| 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 |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 MARCH 2021 |
| 1. | STATUTORY INFORMATION |
| Linx International Group Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Motor vehicles | - |
| Office equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 MARCH 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Motor | Office |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2020 |
| and 31 March 2021 |
| DEPRECIATION |
| At 1 April 2020 |
| Charge for year |
| At 31 March 2021 |
| NET BOOK VALUE |
| At 31 March 2021 |
| At 31 March 2020 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2020 | 1,753,938 |
| Disposals | ( |
) | (133,070 | ) |
| At 31 March 2021 | 1,620,868 |
| NET BOOK VALUE |
| At 31 March 2021 | 1,620,868 |
| At 31 March 2020 | 1,753,938 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Aggregate capital and reserves |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 MARCH 2021 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Aggregate capital and reserves | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Aggregate capital and reserves |
| Loss for the year | ( |
) | ( |
) |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Aggregate capital and reserves |
| Profit/(loss) for the year | ( |
) |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.21 | 31.3.20 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| LINX INTERNATIONAL GROUP LIMITED (REGISTERED NUMBER: 02057133) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 MARCH 2021 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.21 | 31.3.20 |
| value: | £ | £ |
| Ordinary | £1 | 6,000 | 6,000 |
| 9. | RESERVES |
| Capital |
| Retained | redemption |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 April 2020 | 1,385,599 |
| Profit for the year |
| At 31 March 2021 | 1,497,824 |
| 10. | RELATED PARTY DISCLOSURES |
| During the year, the company has carried out transactions with the following related parties. |
| It has received management charges of £Nil during the year (2020 - £50,000) from Tavcom Limited, a subsidiary company. |
| The directors are of the view that the charges have all been carried out on a normal commercial basis. |
| At the year end the following was due to / due from the following related parties: |
| Guard Linx Limited - £17,154 (2020 - £17,154) was due to Guard Linx Limited. |
| Perpetuity Training Limited - £101,469 (2020 - £103,155) was due from Perpetuity Training Limited. |
| Arc Training International Limited - £156,317 (2020 - £157,319) was due from Arc Training International Limited. |
| Tavcom Limited - £59,356 (2020 - £61,544) was due from Tavcom Limited. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is D J Gill. |
| Mr D J Gill controls the company, by virtue of his controlling interest in the ordinary shares of the company. |