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REGISTERED NUMBER: 02790812 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Athenalink Limited

Athenalink Limited (Registered number: 02790812)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Athenalink Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr S H Sharp
Mr G M Sharp
Mrs J Sharp





REGISTERED OFFICE: 3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 02790812 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Athenalink Limited (Registered number: 02790812)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £ £ £
FIXED ASSETS
Investment property 4 1,001,000 1,001,000

CURRENT ASSETS
Debtors 5 1,677 741
Cash at bank 104,547 92,293
106,224 93,034
CREDITORS
Amounts falling due within one year 6 21,908 25,712
NET CURRENT ASSETS 84,316 67,322
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,085,316

1,068,322

PROVISIONS FOR LIABILITIES 7 106,867 106,867
NET ASSETS 978,449 961,455

CAPITAL AND RESERVES
Called up share capital 260 260
Share premium 159,840 159,840
Fair value reserve 8 646,016 646,016
Retained earnings 172,333 155,339
SHAREHOLDERS' FUNDS 978,449 961,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Athenalink Limited (Registered number: 02790812)

Balance Sheet - continued
31 December 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 23 August 2024 and were signed on its behalf by:





Mr G M Sharp - Director


Athenalink Limited (Registered number: 02790812)

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

1. STATUTORY INFORMATION

Athenalink 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 presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 January 2023
and 31 December 2023 1,001,000
NET BOOK VALUE
At 31 December 2023 1,001,000
At 31 December 2022 1,001,000

Fair value at 31 December 2023 is represented by:
£
Valuation in 2022 1,001,000

Athenalink Limited (Registered number: 02790812)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Amounts owed by associates 741 741
Prepayments 936 -
1,677 741

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Tax 3,985 6,110
Social security and other taxes - 516
Other creditors 624 624
Directors' loan accounts 15,979 17,202
Accrued expenses 1,320 1,260
21,908 25,712

7. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£ £
Deferred tax
Other timing differences 106,867 106,867

Deferred tax
£
Balance at 1 January 2023 106,867
Balance at 31 December 2023 106,867

8. RESERVES
Fair value
reserve
£
At 1 January 2023
and 31 December 2023 646,016

Athenalink Limited

Report of the Accountants to the Directors of
Athenalink Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


23 August 2024