Link Digital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08729924 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2018

FOR

LINK DIGITAL LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

D P Wallis

M D L Smith

REGISTERED OFFICE:

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

08729924 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

The directors present their report with the financial statements of the company for the year ended 31st March 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of web design and marketing.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st April 2017 to the date of this report.

D P Wallis

M D L Smith

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

D P Wallis - Director

17th August 2018

FIXED ASSETS

Tangible assets

4

18,345

14,290

CURRENT ASSETS

Debtors

5

96,190

47,379

Cash at bank and in hand

152,124

128,500

248,314

175,879

CREDITORS

Amounts falling due within one year

6

122,628

104,633

NET CURRENT ASSETS

125,686

71,246

TOTAL ASSETS LESS CURRENT LIABILITIES

144,031

85,536

PROVISIONS FOR LIABILITIES

3,669

2,858

NET ASSETS

140,362

82,678

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

140,262

82,578

SHAREHOLDERS' FUNDS

140,362

82,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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 17th August 2018 and were signed on its behalf by:

D P Wallis - Director

M D L Smith - Director

1.	STATUTORY INFORMATION

Link Digital 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

Accounting convention

These financial statements for the year ended 31 March 2018 comply with FRS 102 Section 1A.

Going Concern Justification

The directors have assessed various factors and risks affecting the company and its ability in these difficult

economic times to continue to trade as a going concern. The directors have not identified any material

uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets

and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 March 2018

have been prepared using the going concern basis of accounting.

Revenue

Revenue - Described as turnover - is the value of work (net of VAT) performed during the year with respect to

services.

Revenue is recognised on the provision of services once completed.

Tangible fixed assets

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

Office Equipment

-

25% on 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Office

Equipment

£

COST

At 1st April 2017

15,472

Additions

9,534

At 31st March 2018

25,006

DEPRECIATION

At 1st April 2017

1,182

Charge for year

5,479

At 31st March 2018

6,661

NET BOOK VALUE

At 31st March 2018

18,345

At 31st March 2017

14,290

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

95,449

45,436

Other debtors

741

1,943

96,190

47,379

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

13,808

15,568

Taxation and social security

47,646

26,273

Other creditors

61,174

62,792

122,628

104,633

7.	GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the year end of £16,500 (2017: £6,000).

8.	RELATED PARTY DISCLOSURES