BRIGHT LINKS (UK) LTD

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 8528937

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		14,864		17,972

			14,864		17,972
CURRENT ASSETS
Stocks	6	64,554		51,365
Debtors	7	10,241		12,911
Cash at bank and in hand		155,286		161,674

		230,081		225,950
Creditors: Amounts Falling Due Within One Year	8	(15,612 )		(243,486 )

NET CURRENT ASSETS (LIABILITIES)			214,469		(17,536 )

TOTAL ASSETS LESS CURRENT LIABILITIES			229,333		436

Creditors: Amounts Falling Due After More Than One Year	9		(229,050 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(170 )		(218 )

NET ASSETS			113		218

CAPITAL AND RESERVES
Called up share capital	11		1		1
Profit and loss account			112		217

SHAREHOLDERS' FUNDS			113		218

Page 1

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mr NIRAV MODI

29/12/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	1	775	776
Profit for the year and total comprehensive income	-	3,442	3,442

Dividends paid	-	(4,000)	(4,000)

As at 31 March 2016 and 1 April 2016	1	217	218


Profit for the year and total comprehensive income	-	395	395

Dividends paid	-	(500)	(500)

As at 31 March 2017	1	112	113

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% based on Written Down Value

1.4. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

1.5. Deferred Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

1.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

5. Tangible Assets


	Fixtures & Fittings
	£
Cost
As at 1 April 2016	29,839
Additions	608

As at 31 March 2017	30,447

Depreciation
As at 1 April 2016	11,867
Provided during the period	3,716

As at 31 March 2017	15,583

Net Book Value
As at 31 March 2017	14,864

As at 1 April 2016	17,972

6. Stocks

	2017	2016
	£	£
Stock - materials	64,554	51,365

	64,554	51,365

Page 4

BRIGHT LINKS (UK) LTD

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

7. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	2,241	2,329
Other taxes and social security	-	2,582

	2,241	4,911
Due after more than one year
Lease Rental Security Deposit	8,000	8,000

	8,000	8,000

	10,241	12,911

8. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	6,713	6,463
Corporation tax	147	209
Other taxes and social security	431	-
VAT	562	322
Net wages	4,604	-
Credit Cards	2,655	3,442
Other creditors (Current liabilities - creditors < 1 year)	500	4,000
Director's loan account	-	229,050

	15,612	243,486

9. Creditors: Amounts Falling Due After More Than One Year

	2017	2016
	£	£
Directors loan account	229,050	-

10. Deferred Taxation

	2017	2016
	£	£
As at 1 April 2016	218	(189 )
Deferred taxation	(48 )	407


Deferred tax	170	218

The provision for deferred taxation is made up of accelerated capital allowances

Page 5

BRIGHT LINKS (UK) LTD

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

11. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

12. Dividends

	2017	2016
	£	£
On equity shares:
Final dividend paid	500	4,000

	500	4,000

13. General Information

BRIGHT LINKS (UK) LTD Registered number 8528937 is a limited by shares company incorporated in England & Wales. The Registered Office is 175 FINCHLEY ROAD, LONDON, NW3 6LB.