Aleda Holdings Limited 13142022 false 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is letting of own real estate Digita Accounts Production Advanced 6.30.9574.0 true true 13142022 2022-02-01 2023-01-31 13142022 2023-01-31 13142022 bus:OrdinaryShareClass1 2023-01-31 13142022 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 13142022 core:Non-currentFinancialInstruments 2023-01-31 13142022 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 13142022 bus:SmallEntities 2022-02-01 2023-01-31 13142022 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 13142022 bus:FullAccounts 2022-02-01 2023-01-31 13142022 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 13142022 bus:RegisteredOffice 2022-02-01 2023-01-31 13142022 bus:Director1 2022-02-01 2023-01-31 13142022 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 13142022 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 13142022 countries:England 2022-02-01 2023-01-31 13142022 2022-01-31 13142022 2021-01-18 2022-01-31 13142022 2022-01-31 13142022 bus:OrdinaryShareClass1 2022-01-31 13142022 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 13142022 core:Non-currentFinancialInstruments 2022-01-31 13142022 core:Non-currentFinancialInstruments core:AfterOneYear 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13142022

Aleda Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2023

Aleda Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Aleda Holdings Limited

Company Information

Director | Mr Abraham Adetokunbo Akinrinsola

Registered office | 8 Quarles Park Road Romford RM6 4DE

Accountants | Julie Brierley Avesta Accounting 60 The Marlowes London NW8 6NA

Aleda Holdings Limited

(Registration number: 13142022)
Balance Sheet as at 31 January 2023

| Note | 2023 £ | 2022 £
Fixed assets |  |  |
Investment property | 4 | 587,502 | 587,502
Current assets |  |  |
Cash at bank and in hand |  | 10,960 | 2,764
Creditors: Amounts falling due within one year | 5 | (179,274) | (176,260)
Net current liabilities |  | (168,314) | (173,496)
Total assets less current liabilities |  | 419,188 | 414,006
Creditors: Amounts falling due after more than one year | 5 | (413,750) | (413,750)
Net assets |  | 5,438 | 256
Capital and reserves |  |  |
Called up share capital | 6 | 2 | 2
Retained earnings |  | 5,436 | 254
Shareholders' funds |  | 5,438 | 256

For the financial year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 October 2023

......................................... Mr Abraham Adetokunbo Akinrinsola Director

Aleda Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
8 Quarles Park Road
Romford
RM6 4DE
United Kingdom

These financial statements were authorised for issue by the director on 3 October 2023.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Aleda Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4 | Investment properties

| 2023 £
At 1 February | 587,502
At 31 January | 587,502

There has been no valuation of investment property by an independent valuer.

Aleda Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

5 | Creditors

Creditors: amounts falling due within one year

| 2023 £ | 2022 £
Due within one year |  |
Taxation and social security | 1,498 | 60
Accruals and deferred income | 1,971 | 500
Other creditors | 175,805 | 175,700
| 179,274 | 176,260

Creditors: amounts falling due after more than one year

| Note | 2023 £ | 2022 £
Due after one year |  |  |
Loans and borrowings | 7 | 413,750 | 413,750

6 | Share capital

Allotted, called up and fully paid shares

| 2023 | 2022
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2

7 | Loans and borrowings

| 2023 £ | 2022 £
Non-current loans and borrowings
Bank borrowings | 413,750 | 413,750