REGISTERED NUMBER: |
ALKEN INVESTMENT COMPANY LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2024 |
REGISTERED NUMBER: |
ALKEN INVESTMENT COMPANY LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2024 |
ALKEN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 00831904) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 5 APRIL 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ALKEN INVESTMENT COMPANY LIMITED |
COMPANY INFORMATION |
for the Year Ended 5 APRIL 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
167 Turners Hill |
Cheshunt |
Hertfordshire |
EN8 9BH |
ALKEN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 00831904) |
ABRIDGED BALANCE SHEET |
5 APRIL 2024 |
5.4.24 | 5.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Revaluation reserve | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
ALKEN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 00831904) |
ABRIDGED BALANCE SHEET - continued |
5 APRIL 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
ALKEN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 00831904) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 5 APRIL 2024 |
1. | STATUTORY INFORMATION |
Alken Investment Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
The turnover of the company represents rental income receivable from tenants of the company's properties. |
Tangible fixed assets |
Computer equipment | - |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 6 April 2023 |
Additions |
At 5 April 2024 |
DEPRECIATION |
At 6 April 2023 |
Charge for year |
At 5 April 2024 |
NET BOOK VALUE |
At 5 April 2024 |
At 5 April 2023 |
ALKEN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 00831904) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 5 APRIL 2024 |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 6 April 2023 |
and 5 April 2024 | 14,524 |
NET BOOK VALUE |
At 5 April 2024 | 14,524 |
At 5 April 2023 | 14,524 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 6 April 2023 |
and 5 April 2024 |
NET BOOK VALUE |
At 5 April 2024 |
At 5 April 2023 |
Fair value at 5 April 2024 is represented by: |
£ |
Valuation in 2019 | 552,638 |
Valuation in 2021 | 40,000 |
Cost | 412,362 |
1,005,000 |
The investment properties were valued on an open market basis by the directors. |
7. | RESERVES |
Revaluation |
reserve |
£ |
At 6 April 2023 |
and 5 April 2024 |