LINIAN_SUPPLY_CO._LIMITED - Accounts


Company registration number SC246119 (Scotland)
LINIAN SUPPLY CO. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022
PAGES FOR FILING WITH REGISTRAR
LINIAN SUPPLY CO. LIMITED
BALANCE SHEET
AS AT
30 APRIL 2022
30 April 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
209,544
163,382
Current assets
184,085
166,335
Prepayments and accrued income
3,733
11,390
Creditors: amounts falling due within one year
(311,965)
(192,555)
Net current liabilities
(124,147)
(14,830)
Total assets less current liabilities
85,397
148,552
Creditors: amounts falling due after more than one year
(120,000)
(42,778)
Net (liabilities)/assets
(34,603)
105,774
Capital and reserves
(34,603)
105,774
Notes to the financial statements
1
Financial commitments, guarantees and contingencies

Ultimate Finance Limited holds a floating charge over the assets of the company, in respect of all property or undertaking of the company, and contains a negative pledge.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2022
2021
Number
Number
Employees
7
5
3
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

LINIAN SUPPLY CO. LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2022
30 April 2022
- 2 -

Linian Supply Co. Limited is a private company limited by shares incorporated in Scotland. The registered office is 34-38 Payne Street, Port Dundas Trading Estate, Glasgow, G4 0LF.

For the year ended 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 25 April 2023 and are signed on its behalf by:
J M ARBUCKLE
J M Arbuckle
Director
Company registration number SC246119 (Scotland)
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