REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 OCTOBER 2024 TO 31 DECEMBER 2024 |
FOR |
ALTENMARK LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 OCTOBER 2024 TO 31 DECEMBER 2024 |
FOR |
ALTENMARK LIMITED |
ALTENMARK LIMITED (REGISTERED NUMBER: 02980308) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1 OCTOBER 2024 TO 31 DECEMBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ALTENMARK LIMITED |
COMPANY INFORMATION |
for the Period 1 OCTOBER 2024 TO 31 DECEMBER 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
260 - 270 Butterfield |
Great Marlings |
Luton |
Bedfordshire |
LU2 8DL |
ALTENMARK LIMITED (REGISTERED NUMBER: 02980308) |
BALANCE SHEET |
31 DECEMBER 2024 |
2024 | 2024 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
ALTENMARK LIMITED (REGISTERED NUMBER: 02980308) |
BALANCE SHEET - continued |
31 DECEMBER 2024 |
The financial statements were approved by the director and authorised for issue on |
ALTENMARK LIMITED (REGISTERED NUMBER: 02980308) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 OCTOBER 2024 TO 31 DECEMBER 2024 |
1. | STATUTORY INFORMATION |
Altenmark Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Altenmark Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Turnover |
Turnover represents rental income receivable, excluding value added tax. |
Tangible fixed assets |
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. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Fixed asset investments |
The company's fixed asset investments are revalued annually by the directors, based on the net asset value of the investment company at the year end. |
ALTENMARK LIMITED (REGISTERED NUMBER: 02980308) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 OCTOBER 2024 TO 31 DECEMBER 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2024 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST OR VALUATION |
At 1 October 2024 |
Revaluations | ( |
) |
Impairments | ( |
) |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 30 September 2024 |
Cost or valuation at 31 December 2024 is represented by: |
Other |
investments |
£ |
Valuation in 2024 | 305 |
If fixed asset investments had not been revalued they would have been included at the following historical cost: |
2024 | 2024 |
£ | £ |
Cost | 1,691,537 | 1,691,537 |
Fixed asset investments were valued on an open market basis on 31 December 2024 by the directors . |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 October 2024 |
Additions |
Disposals | ( |
) |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 30 September 2024 |
ALTENMARK LIMITED (REGISTERED NUMBER: 02980308) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 OCTOBER 2024 TO 31 DECEMBER 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2024 |
£ | £ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the periods ended 31 December 2024 and 30 September 2024: |
2024 | 2024 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Interest was charged on the loans at the official rate of interest. |