Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3112023-04-01falseProperty letting1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12391048 2023-04-01 2024-03-31 12391048 2022-04-01 2023-03-31 12391048 2024-03-31 12391048 2023-03-31 12391048 2022-04-01 12391048 c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 12391048 d:Director1 2023-04-01 2024-03-31 12391048 c:LeaseholdInvestmentProperty 2024-03-31 12391048 c:LeaseholdInvestmentProperty 2023-03-31 12391048 c:CurrentFinancialInstruments 2024-03-31 12391048 c:CurrentFinancialInstruments 2023-03-31 12391048 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 12391048 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 12391048 c:ShareCapital 2024-03-31 12391048 c:ShareCapital 2023-03-31 12391048 c:ShareCapital 2022-04-01 12391048 c:OtherMiscellaneousReserve 2024-03-31 12391048 c:OtherMiscellaneousReserve 2023-03-31 12391048 c:OtherMiscellaneousReserve c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 12391048 c:OtherMiscellaneousReserve 2022-04-01 12391048 c:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 12391048 c:RetainedEarningsAccumulatedLosses 2024-03-31 12391048 c:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 12391048 c:RetainedEarningsAccumulatedLosses 2023-03-31 12391048 c:RetainedEarningsAccumulatedLosses c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 12391048 c:RetainedEarningsAccumulatedLosses 2022-04-01 12391048 d:FRS102 2023-04-01 2024-03-31 12391048 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12391048 d:FullAccounts 2023-04-01 2024-03-31 12391048 d:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12391048 e:PoundSterling 2023-04-01 2024-03-31 12391048 c:ShareCapital c:PriorPeriodErrorIncreaseDecrease 2022-04-01 2023-03-31 12391048 c:OtherMiscellaneousReserve c:PreviouslyStatedAmount 2022-04-01 12391048 c:PreviouslyStatedAmount 2022-04-01 iso4217:GBP xbrli:pure

Registered number: 12391048










ALIDA ENTERPRISES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ALIDA ENTERPRISES LIMITED
REGISTERED NUMBER: 12391048

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
450,000
450,000

  
450,000
450,000

Current assets
  

Debtors: amounts falling due within one year
 5 
4,334
16,188

Cash at bank and in hand
  
39,471
27,122

  
43,805
43,310

Creditors: amounts falling due within one year
 6 
(512,043)
(510,169)

Net current liabilities
  
 
 
(468,238)
 
 
(466,859)

Total assets less current liabilities
  
(18,238)
(16,859)

  

Net liabilities
  
(18,238)
(16,859)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(18,239)
(16,860)

  
(18,238)
(16,859)


Page 1

 
ALIDA ENTERPRISES LIMITED
REGISTERED NUMBER: 12391048
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N Fateen
Director

Date: 26 November 2024

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
ALIDA ENTERPRISES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£


At 1 April 2022 (as previously stated)
1
637,981
10,828
648,810

Prior year adjustment - correction of error
-
(637,981)
-
(637,981)


At 1 April 2022 (as restated)
1
-
10,828
10,829



Loss for the year
-
-
(27,688)
(27,688)



At 1 April 2023
1
-
(16,860)
(16,859)



Loss for the year
-
-
(1,379)
(1,379)


At 31 March 2024
1
-
(18,239)
(18,238)


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
ALIDA ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Alida Enterprises Limited is a private company limited by shares and incorporated in England and Wales (12391048). The registered office address is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue represents rents and service charges receivable recognised in the period in which the services are provided in accordance with the rental agreement. Rent receivable is invoiced monthly at the beginning of the month for which the rental income relates.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.4

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 4

 
ALIDA ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.
 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the
Page 5

 
ALIDA ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 6

 
ALIDA ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Investment property


Long term leasehold investment property

£



Valuation


At 1 April 2023
450,000



At 31 March 2024
450,000

The 2024 valuations were made by the directors .





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
499,359
499,359


5.


Debtors

2024
2023
£
£


Other debtors
3,750
3,308

Prepayments and accrued income
584
540

Deferred taxation
-
12,340

4,334
16,188



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
2,571
2,189

Other creditors
503,649
503,208

Accruals and deferred income
5,823
4,772

512,043
510,169


Page 7

 
ALIDA ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Related party transactions

Within other creditors due within one year are amounts owed to the director of £500,899                   (2023: £500,899). These amounts are non interest bearing and are repayable on demand.

 
Page 8