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LINKS EXPRESS LIMITED - Company Information

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Draft

Links Express Limited

Registered Number:06884719

For the year ended 30 April 2017

England and Wales

Unaudited Financial Statements

Draft

For the year ended 30 April 2017

Links Express Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Draft

As at 30 April 2017

Links Express Limited

Statement of Financial Position

Registered Number :

06884719

2016

2017

Notes

Fixed assets

Property, plant and equipment

315,952

315,561

315,952

315,561

Current assets

Trade and other receivables

800

139,060

Cash and cash equivalents

174,192

174,992

139,860

Trade and other payables: amounts falling due within one

year

(4,654)

(6,608)

135,206

168,384

Net current assets

Total assets less current liabilities

484,336

450,767

Trade and other payables: amounts falling due after more

than one year

(391,868)

(408,995)

75,341

Net assets

58,899

Capital and reserves

Called up share capital

100

Retained earnings

75,241

58,799

75,341

58,899

Shareholders' funds

For the year ended 30 April 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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.

ABDI RASHED MOHAMED MUSSA Director

These financial statements were approved and authorised for issue by the Board on 16 January 2018 and were signed by:

The notes form part of these financial statements

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Draft

For the year ended 30 April 2017

Links Express Limited

Notes to the Financial Statements

Statutory Information

Links Express Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 06884719.

Registered address:

48 HIGH STREET

LONDON

NW10 4LS

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover represents rents receivable.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

20 Reducing balance

Computer equipment

No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected

useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation

would be immaterial. The directors undertake an annual impairment review of these properties.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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Draft

For the year ended 30 April 2017

Links Express Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Plant and

machinery

Land and

buildings

Cost or

valuation

At 01 May 2016

318,038

490

2,548

315,000

1,207

415

792

Additions

At 30 April 2017

315,000

3,340

905

319,245

Provision for depreciation and impairment

At 01 May 2016

2,477

400

2,077

Charge for year

816

173

643

At 30 April 2017

3,293

573

2,720

At 30 April 2017

Net book value

315,000

620

332

315,952

At 30 April 2016

315,000

471

315,561

3. Trade and other receivables

2016

2017

Other debtors

800

The debtors above include the following amounts falling due after more than one year:

Other debtors

800

4. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

(1)

Taxation and social security

4,081

3,673

Other creditors

2,527

982

6,608

4,654

5. Trade and other payables: amounts falling due after more than one year

2016

2017

Bank loans and overdraft

211,620

230,341

Other creditors

197,375

161,527

408,995

391,868

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Draft

For the year ended 30 April 2017

Links Express Limited

Notes to the Financial Statements Continued

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