Links Corporate Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08996619 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Links Corporate Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D G Morgan

Mr P A Passant

D L Poyner

REGISTERED OFFICE:

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

REGISTERED NUMBER:

08996619 (England and Wales)

ACCOUNTANTS:

Cox & Co

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Investments

4

3

3

Investment property

5

377,008

300,388

377,011

300,391

CURRENT ASSETS

Debtors

6

724,705

359,705

Cash at bank and in hand

162,230

25,527

886,935

385,232

CREDITORS

Amounts falling due within one year

7

(245,417

)

(15,468

)

NET CURRENT ASSETS

641,518

369,764

TOTAL ASSETS LESS CURRENT LIABILITIES

1,018,529

670,155

CREDITORS

Amounts falling due after more than one year

8

-

(51,216

)

NET ASSETS

1,018,529

618,939

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

1,018,523

618,933

SHAREHOLDERS' FUNDS

1,018,529

618,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 29 September 2017 and were signed on its behalf by:

D L Poyner - Director

1.	STATUTORY INFORMATION

Links Corporate Limited is a private company, limited by shares , registered in England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes

in fair value is recognised in profit or loss.

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 .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2016

and 31 December 2016

3

NET BOOK VALUE

At 31 December 2016

3

At 31 December 2015

3

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2016

300,388

Additions

76,620

At 31 December 2016

377,008

NET BOOK VALUE

At 31 December 2016

377,008

At 31 December 2015

300,388

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Amounts owed by group undertakings

59,560

59,560

Other debtors

665,145

300,145

724,705

359,705

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans and overdrafts

-

8,803

Trade creditors

432

-

Amounts owed to group undertakings

123,497

-

Taxation and social security

738

5,915

Other creditors

120,750

750

245,417

15,468

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans

-

51,216

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

16,005

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.16

31.12.15

£

£

Bank loans

-

60,019

The bank loan is secured by way of a mortgage and a legal charge held over the freehold property.

10.	ULTIMATE CONTROLLING PARTY