Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-262024-04-26falsefalse2023-04-27No description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09542392 2023-04-27 2024-04-26 09542392 2022-04-27 2023-04-26 09542392 2024-04-26 09542392 2023-04-26 09542392 2022-04-27 09542392 c:Director2 2023-04-27 2024-04-26 09542392 d:CurrentFinancialInstruments 2024-04-26 09542392 d:CurrentFinancialInstruments 2023-04-26 09542392 d:Non-currentFinancialInstruments 2024-04-26 09542392 d:Non-currentFinancialInstruments 2023-04-26 09542392 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-26 09542392 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-26 09542392 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-26 09542392 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-26 09542392 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-26 09542392 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-26 09542392 d:ShareCapital 2023-04-27 2024-04-26 09542392 d:ShareCapital 2024-04-26 09542392 d:ShareCapital 2022-04-27 2023-04-26 09542392 d:ShareCapital 2023-04-26 09542392 d:ShareCapital 2022-04-27 09542392 d:RetainedEarningsAccumulatedLosses 2023-04-27 2024-04-26 09542392 d:RetainedEarningsAccumulatedLosses 2024-04-26 09542392 d:RetainedEarningsAccumulatedLosses 2022-04-27 2023-04-26 09542392 d:RetainedEarningsAccumulatedLosses 2023-04-26 09542392 d:RetainedEarningsAccumulatedLosses 2022-04-27 09542392 c:FRS102 2023-04-27 2024-04-26 09542392 c:AuditExempt-NoAccountantsReport 2023-04-27 2024-04-26 09542392 c:FullAccounts 2023-04-27 2024-04-26 09542392 c:PrivateLimitedCompanyLtd 2023-04-27 2024-04-26 09542392 2 2023-04-27 2024-04-26 09542392 e:PoundSterling 2023-04-27 2024-04-26 iso4217:GBP xbrli:pure

Registered number: 09542392









LINEA HOMES LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 26 APRIL 2024

 
LINEA HOMES LTD
REGISTERED NUMBER: 09542392

BALANCE SHEET
AS AT 26 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
3,885,296
4,720,764

Cash at bank and in hand
 5 
158,832
260,211

  
4,044,128
4,980,975

Creditors: amounts falling due within one year
 6 
(3,804,346)
(4,734,693)

Net current assets
  
 
 
239,782
 
 
246,282

Total assets less current liabilities
  
239,782
246,282

Creditors: amounts falling due after more than one year
 7 
(243,750)
(250,250)

  

Net liabilities
  
(3,968)
(3,968)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(4,068)
(4,068)

  
(3,968)
(3,968)


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.

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 statement of comprehensive income 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: 




................................................
Antony David Stark
Page 1

 
LINEA HOMES LTD
REGISTERED NUMBER: 09542392
    
BALANCE SHEET (CONTINUED)
AS AT 26 APRIL 2024

Director

Date: 23 January 2025

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 

 
LINEA HOMES LTD


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 26 APRIL 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 April 2022
100
(43,149)
(43,049)



Comprehensive income for the year


Profit for the year
-
39,081
39,081

Total comprehensive income for the year
-
39,081
39,081





At 27 April 2023
100
(4,068)
(3,968)

Total comprehensive income for the year
-
-
-



At 26 April 2024
100
(4,068)
(3,968)



The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
LINEA HOMES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 APRIL 2024

1.


General information

Linea Homes Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 09542392
Registered office: The Courtyard, 14a Sydenham Road, Croydon, England, CR0 2EE.

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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.

 
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. 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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
LINEA HOMES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 APRIL 2024

3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
3,248,952
4,132,186

Other debtors
616,953
569,187

Prepayments and accrued income
19,391
19,391

3,885,296
4,720,764



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
158,832
260,211

158,832
260,211



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
36,877
42,857

Trade creditors
-
24,763

Amounts owed to group undertakings
2,586,017
3,128,810

Other creditors
1,165,872
1,536,763

Accruals and deferred income
15,580
1,500

3,804,346
4,734,693


Page 5

 
LINEA HOMES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 APRIL 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
243,750
250,250

243,750
250,250



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
36,877
42,857


36,877
42,857


Amounts falling due 2-5 years

Bank loans
243,750
250,250


243,750
250,250


280,627
293,107


Page 6

 
LINEA HOMES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 APRIL 2024

9.


Related party transactions

Page 7

 
LINEA HOMES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 APRIL 2024

9.Related party transactions (continued)

Included in other debtors is an amount of £1,347,328 (2023: £911,598) due from Adenbuild Construction Ltd.
Included in other debtors is an amount of £232,223 (2023: £126,288) due from N3 Living Ltd.
Included in other debtors is an amount of £149,250 (2023: £154,906) due from Newlands NW4 Ltd.
Included in other debtors is an amount of £109,282 (2023: £109,815) due from Linea NW4 Ltd.
Included in other debtors is an amount of £317,897 (2023: £345,029) due from Linea NW3 Ltd.
Included in other debtors is an amount of £72,171 (2023: £135,468) due from Linea EN6 Ltd.
Included in other debtors is an amount of £276,150 (2023: £409,979) due from Linea UB7 Ltd.
Included in other debtors is an amount of £300,312 (2023: £248,653) due from Linea Wheathampstead Ltd.
Included in other debtors is an amount of £164,157 (2023: £84,014) due from Linea Croydon Ltd.
Included in other debtors is an amount of £6,120 due from Linea Linea PropertyLtd.
Included in other debtors is an amount of £6,885 (2023: £421,323) due from Linea N2 Ltd.
Included in other creditors is an amount of £66 (2023: £40,748) due from Essien Properties Ltd.
Included in other creditors is an amount of £9,8613 due from Linea EN2 Ltd.
Included in other creditors is an amount of £18,998  (2023: £19,898) due to Linea SE10 Ltd.
Included in other creditors is an amount of £220,994 due to Linea Wheathampstead 2 Ltd.
Included in other creditors is an amount of £ 126,124 due to Linea Cutty Sark Ltd.
Included in other creditors is an amount of £230,348 due to Linea E6 Ltd.
Included in other creditors is an amount of £46,330 due to Linea StratfordLtd.
A Stark and G Sherman have a material interest in the above companies. There are no terms as to repayment in respect of these balances.
Included in other creditors is an amount of £879,334 (2023: £1,029,188) due to Stark Investments Ltd. A Stark has a material interest in this company. There are no terms as to repayment in respect of this balance.
Included in other creditors is an amount of £919,990 (2023: £988,551) due to GS and Co Ltd. G Sherman has a material interest in this company. There are no terms as to repayment in respect of this balance.
Included in other creditors is an amount of £595,065 (2023: £773,091) due to A Stark, a director and shareholder of the company. There are no terms as to repayment in respect of this balance.
Included in other creditors is an amount of £560,250 (2023: £75,593) due to Gavin, a director and shareholder of the company. There are no terms as to repayment in respect of this balance.
 
Page 8

 
LINEA HOMES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 APRIL 2024

9.Related party transactions (continued)


 
Page 9