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Company Registration No. 11186068 (England and Wales)
Alden Advisers Limited Unaudited accounts for the year ended 31 March 2024
Alden Advisers Limited Unaudited accounts Contents
Page
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Alden Advisers Limited Company Information for the year ended 31 March 2024
Director
J E Wheeler
Company Number
11186068 (England and Wales)
Registered Office
126 New Kings Road London SW6 4LZ England
Accountants
Balmoral Consultancy Services Limited Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Alden Advisers Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
2,209 
2,209 
Cash at bank and in hand
178 
162 
2,387 
2,371 
Creditors: amounts falling due within one year
(41,386)
(38,975)
Net current liabilities
(38,999)
(36,604)
Net liabilities
(38,999)
(36,604)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(39,099)
(36,704)
Shareholders' funds
(38,999)
(36,604)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2024 and were signed on its behalf by
J E Wheeler Director Company Registration No. 11186068
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Alden Advisers Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Alden Advisers Limited is a private company, limited by shares, registered in England and Wales, registration number 11186068. The registered office is 126 New Kings Road, London, SW6 4LZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The shareholders of the company will continue supporting the company to meet its working capital requirements and obligations. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.
Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of Services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.
Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Alden Advisers Limited Notes to the Accounts for the year ended 31 March 2024
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loan, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognitions of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
3,840 
At 31 March 2024
3,840 
Amortisation
At 1 April 2023
3,840 
At 31 March 2024
3,840 
Net book value
At 31 March 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,209 
2,209 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,546 
3,546 
Other creditors
36,940 
34,529 
Accruals
900 
900 
41,386 
38,975 
7
Transactions with related parties
At the balance sheet date, an amount of £36,940 (2023: £34,529) was due to Alden Legal Limited, a company under common directorship. This balance is unsecured, interest free and repayable on demand.
8
Controlling party
The company is controlled by Anderson Searle Holdings Limited, a company incorporated in the United Kingdom which is under control of J E Wheeler, by virtue of its majority shareholding in the company.
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Alden Advisers Limited Notes to the Accounts for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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