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REGISTERED NUMBER: 14184793 (England and Wales)















Unaudited Financial Statements

for the Period 21 June 2022 to 30 June 2023

for

New Linea SPV Limited

New Linea SPV Limited (Registered number: 14184793)






Contents of the Financial Statements
for the Period 21 June 2022 to 30 June 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


New Linea SPV Limited (Registered number: 14184793)

Statement of Financial Position
30 June 2023

Notes £    £   
FIXED ASSETS
Investment property 4 412,433

CURRENT ASSETS
Debtors 5 1,000
Cash at bank 4,415
5,415
CREDITORS
Amounts falling due within one year 6 355,170
NET CURRENT LIABILITIES (349,755 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,678

CREDITORS
Amounts falling due after more than
one year

7

74,110
NET LIABILITIES (11,432 )

CAPITAL AND RESERVES
Called up share capital 8 1,000
Retained earnings (12,432 )
SHAREHOLDERS' FUNDS (11,432 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

New Linea SPV Limited (Registered number: 14184793)

Statement of Financial Position - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





Mr Teunis Albertus Cornelis Zuidema - Director


New Linea SPV Limited (Registered number: 14184793)

Notes to the Financial Statements
for the Period 21 June 2022 to 30 June 2023

1. STATUTORY INFORMATION

New Linea SPV Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14184793

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
The investment property has been stated at cost as the property is still under refurbishment as at balance sheet date therefore the market value cannot be estimated.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

New Linea SPV Limited (Registered number: 14184793)

Notes to the Financial Statements - continued
for the Period 21 June 2022 to 30 June 2023

2. ACCOUNTING POLICIES - continued

Going concern
The company has net liabilities of £11,432. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
COST
Additions 412,433
At 30 June 2023 412,433
NET BOOK VALUE
At 30 June 2023 412,433

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 355,170

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Other creditors 74,110

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary £1 1,000

1,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

New Linea SPV Limited (Registered number: 14184793)

Notes to the Financial Statements - continued
for the Period 21 June 2022 to 30 June 2023

9. RELATED PARTY DISCLOSURES

The company owes £74,422 to its director, Mr Koen Joseph Naafs who is also a 17.90% shareholder of the company as at accounting year end date.

The company owes £312 to its director, Mr Teunis Albertus Cornelis Zuidema as at accounting year end date.

The company owes £65,964 as at accounting year end date to Big Red Real Estate Ltd, a company registered in United Kingdom (Company registered number:14021669) who is also a 14.80% shareholder of the company as at accounting year end date.

The company owes £56,649 as at accounting year end date to Cabana Property Investment Ltd, a company registered in United Kingdom (Company registered number:13804869). Mr Teunis Albertus Cornelis Zuidema is a director of this company.

The company owes £61,833 as at accounting year end date to Charrette Ltd, a company registered in United Kingdom (Company registered number:14250306) who is also a 14.90% shareholder of the company as at accounting year end date.

The company owes £103,980 to Mr Giovanni Setiawan Marjenburgh who is also a 25.20% shareholder of the company as at accounting year end date.

The company owes £56,599 to Mr Danai Albert Van Lith who is also a 13.60% shareholder of the company as at accounting year end date.