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REGISTERED NUMBER: 09090298 (England and Wales)













Audited Financial Statements

for the Year Ended 31 December 2023

for

InterAlia Capital Limited

InterAlia Capital Limited (Registered number: 09090298)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


InterAlia Capital Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: P W Curtis Hayward (Chairman)
S A Bell
J D May
J-C Oberto
E I D Huttenga





REGISTERED OFFICE: Third Floor
12a Upper Berkeley Street
London
W1H 7QE





REGISTERED NUMBER: 09090298 (England and Wales)





AUDITORS: Sampson West
Statutory Auditor
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

InterAlia Capital Limited (Registered number: 09090298)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,145 14,445
Investments 5 2,260,328 1,430,134
2,266,473 1,444,579

CURRENT ASSETS
Debtors 6 645,592 355,442
Cash at bank 80,601 484,357
726,193 839,799
CREDITORS
Amounts falling due within one year 7 1,999,509 921,933
NET CURRENT LIABILITIES (1,273,316 ) (82,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

993,157

1,362,445

CREDITORS
Amounts falling due after more than one
year

8

(400,000

)

(550,000

)

PROVISIONS FOR LIABILITIES (1,536 ) -
NET ASSETS 591,621 812,445

CAPITAL AND RESERVES
Called up share capital 2,813 2,813
Retained earnings 588,808 809,632
SHAREHOLDERS' FUNDS 591,621 812,445

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 22 April 2024 and were signed on its behalf by:




S A Bell - Director



J D May - Director


InterAlia Capital Limited (Registered number: 09090298)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

InterAlia Capital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in Pound Sterling (£) which is the functional currency of the company and rounded to the nearest £.

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

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' paragraph 33.1A, not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of the assets and liabilities within the next financial year are addressed below.

(a) Useful economic lives of assets
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on future investments, economic utilisation and the physical condition of the assets.

Turnover and revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and rebates.

Expenses
All expenses are accounted for on an accrual basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investments in subsidiaries and associates
The company's investments in subsidiary undertakings and associates are included in the financial statements at cost less any provision for impairment.

Other investments
Other investments held as fixed assets are stated at their fair value as at the Balance Sheet date. Any adjustments to their value is recognised in the Income Statement.


InterAlia Capital Limited (Registered number: 09090298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Financial instruments
Financial assets
Basic financial assets, including trade and other debtors, cash and bank balances and amounts owed by group undertakings are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the assets expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors, bank loans, loans from related parties are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 19 ) .

InterAlia Capital Limited (Registered number: 09090298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 137,137
Additions 278
At 31 December 2023 137,415
DEPRECIATION
At 1 January 2023 122,692
Charge for year 8,578
At 31 December 2023 131,270
NET BOOK VALUE
At 31 December 2023 6,145
At 31 December 2022 14,445

5. FIXED ASSET INVESTMENTS
Shares in Interest
group in Other
undertakings associate investments Totals
£    £    £    £   
COST
At 1 January 2023 1,229,860 605 199,669 1,430,134
Additions 830,799 - - 830,799
Impairments - (605 ) - (605 )
At 31 December 2023 2,060,659 - 199,669 2,260,328
NET BOOK VALUE
At 31 December 2023 2,060,659 - 199,669 2,260,328
At 31 December 2022 1,229,860 605 199,669 1,430,134

6. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 492,651 182,301
Other debtors 152,941 150,071
645,592 332,372

Amounts falling due after more than one year:
Other debtors - 23,070

Aggregate amounts 645,592 355,442

InterAlia Capital Limited (Registered number: 09090298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 150,000 150,000
Trade creditors - 24,244
Amounts owed to group undertakings 1,141,541 663,621
Taxation and social security 65,256 64,904
Other creditors 642,712 19,164
1,999,509 921,933

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 400,000 550,000

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 76,302 101,736
Between one and five years - 76,302
76,302 178,038

The current operating lease expires on 24 November 2027. A break notice can be served by either the landlord or the tenant no earlier than 24 November 2024.

10. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 550,000 700,000

Bank loan taken by the parent company, InterAlia Capital Limited is secured by a fixed and floating charge over all assets of the parent and subsidiary companies.

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven Davies (Senior Statutory Auditor)
for and on behalf of Sampson West

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £497,396 were paid to the directors .

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' paragraph 33.1A, not to disclose related party transactions with wholly owned subsidiaries within the group.

InterAlia Capital Limited (Registered number: 09090298)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

13. POST BALANCE SHEET EVENTS

No other matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations or the state of affairs of the company in the financial year subsequent to the financial year ended 31st December 2023.

14. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.