Linkage Systems Limited - Period Ending 2015-03-31

Registration number: 05078033

Linkage Systems Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Linkage Systems Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Linkage Systems Limited
(Registration number: 05078033)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Current assets
Cash at bank and in hand					1,553			1,586
Capital and reserves
Called up share capital		3			73			73
Share premium account					99,547			99,547
Profit and loss account					(98,067)			(98,034)
Shareholders' funds					1,553			1,586

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 11 December 2015 and signed on its behalf by:

.........................................
Mr Neil Hale
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Linkage Systems Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful lives as follows:

Asset class	Depreciation method and rate
Computer hardware	33% straight line basis
Computer software	25% straight line basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		70,694			70,694
At 31 March 2015		70,694			70,694
Depreciation
At 1 April 2014		70,694			70,694
At 31 March 2015		70,694			70,694
Net book value
At 31 March 2015		-			-
At 31 March 2014		-			-

Page 2

Linkage Systems Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £0.01 each		7,273			73			7,273			73

Page 3