Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312024-05-082024-05-082023-12-312023-12-310falsetrueNo description of principal activity02023-01-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12700379 2023-01-01 2023-12-31 12700379 2022-01-01 2022-12-31 12700379 2023-12-31 12700379 2022-12-31 12700379 c:Director1 2023-01-01 2023-12-31 12700379 c:Director2 2023-01-01 2023-12-31 12700379 c:Director3 2023-01-01 2023-12-31 12700379 c:Director3 2023-12-31 12700379 c:Director4 2023-01-01 2023-12-31 12700379 c:Director4 2023-12-31 12700379 c:RegisteredOffice 2023-01-01 2023-12-31 12700379 d:CurrentFinancialInstruments 2023-12-31 12700379 d:CurrentFinancialInstruments 2022-12-31 12700379 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12700379 c:FullAccounts 2023-01-01 2023-12-31 12700379 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12700379 c:Micro-entities 2023-01-01 2023-12-31 12700379 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 12700379


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ALVARIUM STREATHAM LIMITED







UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
ALVARIUM STREATHAM LIMITED
 
 
COMPANY INFORMATION


Directors
Park Limited 
Whitebridge Limited 
Justin Wilson (appointed 8 May 2024)
Robert Burton (resigned 8 May 2024)




Registered number
12700379



Registered office
Level 5 Nova North
11 Bressenden Place

London

United Kingdom

SW1E 5BY





 
ALVARIUM STREATHAM LIMITED
 

CONTENTS



Page
Profit and Loss Account
1
Balance Sheet
2 - 3


 
ALVARIUM STREATHAM LIMITED
 
 
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023

2023
2022
Note
£
£

Other income
  
(643,710)
(445,766)

Other charges
  
(39,237)
(21,219)

Loss
  
(682,947)
(466,985)

Page 1

 
ALVARIUM STREATHAM LIMITED
REGISTERED NUMBER: 12700379

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
£
£


Called up share capital not paid
6
6

Current assets
10,627,641
6,610,153

Creditors: amounts falling due within one year
(11,816,715)
(7,116,280)

Net current liabilities
 
 
(1,189,074)
 
 
(506,127)

Total assets less current liabilities
(1,189,068)
(506,121)


Net liabilities
(1,189,068)
(506,121)



Capital and reserves
(1,189,068)
(506,121)


Page 2

 
ALVARIUM STREATHAM LIMITED
REGISTERED NUMBER: 12700379
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023



General information

The Company's principal activity during the year was property development.
Included within current assets is a loan receivable of GBP10,602,645 (2022: GBP6,574,638). The principal balance at 31 December 2023 is GBP9,043,832 (2022: GBP5,755,732) with interest accrued of GBP1,558,813 (2022: GBP818,906). The loan facility arrangement is up to GBP6,590,000 with Hadley Streatham LLP (a UK partnership with partnership number OC432013). Interest is charged at a rate of 3 months SONIA plus 0.1193. Accrued interest shall be repaid with the principal amount of the loan no later than the earlier of completion of the development at the site and termination of the LLP agreement.
Included in creditors: amounts due within one year are short term loans payable of GBP6,399,994 (2022: GBP5,999,994), these are interest free and repayable on demand.
Included in creditors: amounts due within one year are short term loans payable of GBP2,907,505 (2022:GBPnil), these bear interest at 15% pa and are repayable on demand.
Included in creditors: amounts due within one year is an amount of GBP2,499,903 (2022: GBP1,116,286)                       in relation to the Company's share of partnership losses to 31 December 2023, in accordance with the partnership agreement.
The Company has adopted the going concern basis in preparing its financial statements. The directors have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 September 2024.




Park Limited
Justin Wilson
Director
Director

 
Page 3