LINKBROOK_LIMITED - Accounts

LINKBROOK LIMITED - Company Information

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Company Registration No. 06497745 (England and Wales)

LINKBROOK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2015

LINKBROOK LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

LINKBROOK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

170,486

Current assets

Debtors

31,623

39,119

Cash at bank and in hand

45,280

34,948

76,903

74,067

Creditors: amounts falling due within one year

(99,121)

(120,324)

Net current liabilities

(22,218)

(46,257)

Total assets less current liabilities

148,268

124,229

Capital and reserves

Called up share capital

100

Profit and loss account

148,168

124,129

Shareholders' funds

148,268

124,229

For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 February 2016

Mr L Mason

Director

Company Registration No. 06497745

LINKBROOK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Turnover

Turnover represents rent receivable and insurance commission receivable from investment property.

1.3

Tangible fixed assets and depreciation

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

1.4

Going concern

After making enquiries, the directors have formed a judgement,at the time of approving the financial statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. For this reason the directors continue to adopt the going concern basis in preparing the financial statements.

Fixed assets

Tangible assets

Cost

At 1 July 2014 & at 30 June 2015

170,486

At 30 June 2014

170,486

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

There is no ultimate controlling party.