JAPAN LINKS LIMITED - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02415712

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

JAPAN LINKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S ISHIDA

Mrs F Ishida

Ms N Wada

SECRETARY:

S ISHIDA

REGISTERED OFFICE:

Old Batford Mill

Harpenden

Hertfordshire

AL5 5BZ

REGISTERED NUMBER:

02415712

ACCOUNTANTS:

Shah and Shin

27A Green Lane

Northwood, Middlesex

HA6 2PX

FIXED ASSETS

Tangible assets

4

3,282

4,102

CURRENT ASSETS

Debtors

5

57,383

63,882

Prepayments and accrued income

2,022

2,022

Cash at bank

89,220

57,436

148,625

123,340

CREDITORS

Amounts falling due within one year

6

114,585

87,180

NET CURRENT ASSETS

34,040

36,160

TOTAL ASSETS LESS CURRENT LIABILITIES

37,322

40,262

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

17,322

20,262

SHAREHOLDERS' FUNDS

37,322

40,262

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 11 December 2023 and were signed on its behalf by:

Ms N Wada - Director

1.	STATUTORY INFORMATION

JAPAN LINKS LIMITED is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures, Fittings & equipment - 20% per annum on reducing balance

Computer Equipment - 20% per annum 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

and 31 March 2023

23,687

DEPRECIATION

At 1 April 2022

19,585

Charge for year

820

At 31 March 2023

20,405

NET BOOK VALUE

At 31 March 2023

3,282

At 31 March 2022

4,102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

48,971

51,036

Other debtors

8,412

12,846

57,383

63,882

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

21,215

21,215

Taxation and social security

11,632

8,024

Other creditors

81,738

57,941

114,585

87,180

7.	ULTIMATE CONTROLLING PARTY

Mrs F ishida, a director controls the company by virtue of a controlling interest (directly or indirectly) of 75% of the issued share capital.