Perfect Links Limited - Accounts to registrar (filleted) - small 17.3

Perfect Links Limited - Accounts to registrar (filleted) - small 17.3


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REGISTERED NUMBER: 07498837















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

PERFECT LINKS LIMITED

PERFECT LINKS LIMITED (REGISTERED NUMBER: 07498837)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PERFECT LINKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: Miss A Nash





REGISTERED OFFICE: 14 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 07498837





ACCOUNTANTS: NWN Blue Squared Ltd
Chartered Certified Accountants
7 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

PERFECT LINKS LIMITED (REGISTERED NUMBER: 07498837)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,887 1,518

CURRENT ASSETS
Debtors 5 414,553 132,880
Cash at bank and in hand 19,126 10,903
433,679 143,783
CREDITORS
Amounts falling due within one year 6 405,202 144,642
NET CURRENT ASSETS/(LIABILITIES) 28,477 (859 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,364 659

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 30,264 559
SHAREHOLDERS' FUNDS 30,364 659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 20 December 2017 and were signed by:





Miss A Nash - Director


PERFECT LINKS LIMITED (REGISTERED NUMBER: 07498837)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

Perfect Links Limited is a private company, limited by shares , registered in Not specified/Other. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 67 .

PERFECT LINKS LIMITED (REGISTERED NUMBER: 07498837)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2016 1,514 479 1,993
Additions - 911 911
At 31 March 2017 1,514 1,390 2,904
DEPRECIATION
At 1 April 2016 379 96 475
Charge for year 283 259 542
At 31 March 2017 662 355 1,017
NET BOOK VALUE
At 31 March 2017 852 1,035 1,887
At 31 March 2016 1,135 383 1,518

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 411,053 129,380
Other debtors 3,500 3,500
414,553 132,880

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 20,913 8,765
Tax 21,652 11,584
Social security and other taxes (8,973 ) 6,934
VAT 34,110 15,283
Other creditors 3,143 -
Credit card 2,385 38
RBS factoring account 332,808 40,981
Wages control (5,056 ) 1,204
Directors' current accounts 4,220 57,853
Accrued expenses - 2,000
405,202 144,642

PERFECT LINKS LIMITED (REGISTERED NUMBER: 07498837)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

7. RESERVES
Retained
earnings
£   

At 1 April 2016 559
Profit for the year 87,818
Dividends (58,113 )
At 31 March 2017 30,264

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and
31 March 2016:

2017 2016
£    £   
Miss A Nash
Balance outstanding at start of year (57,853 ) (28,884 )
Amounts advanced 68,368 76,094
Amounts repaid (6,241 ) (105,063 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,274 (57,853 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is Miss A Nash.