Linksky Property Management Limited Company Accounts
Linksky Property Management Limited Company Accounts
COMPANY REGISTRATION NUMBER:
02454233
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Financial Statements |
Year ended 31st March 2017
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Intangible assets |
4 |
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Current assets
Debtors |
5 |
– |
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Cash at bank and in hand |
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------- |
------- |
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Creditors: amounts falling due within one year |
6 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Capital redemption reserve |
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
19 October 2017
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
02454233
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Notes to the Financial Statements |
Year ended 31st March 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 16 Ringley Mount, Ringley Hey Whitefield, Manchester, M45 7NU, United kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1st April 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.
Revenue recognition
Intangible assets
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4.
Intangible assets
Development costs |
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£ |
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Cost |
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At 1st April 2016 and 31st March 2017 |
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Amortisation |
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At 1st April 2016 and 31st March 2017 |
– |
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Carrying amount |
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At 31st March 2017 |
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------- |
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5.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
– |
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---- |
---- |
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6.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Other creditors |
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7.
Related party transactions
The company was not under the control of any shareholder throughout the current and previous year. Mr M Basso and
Mr L Caplan
are the directors No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.
8.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1st April 2015.
No transitional adjustments were required in equity or profit or loss for the year.