1 September 2023 false No description of principal activity Taxfiler 2024.7.5 12816764business:PrivateLimitedCompanyLtd2023-09-012024-08-31 128167642023-08-31 128167642023-09-012024-08-31 12816764business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 12816764business:FilletedAccounts2023-09-012024-08-31 128167642024-08-31 12816764business:Director12023-09-012024-08-31 12816764business:RegisteredOffice2023-09-012024-08-31 128167642023-08-31 12816764core:WithinOneYear2024-08-31 12816764core:WithinOneYear2023-08-31 12816764core:AfterOneYear2024-08-31 12816764core:AfterOneYear2023-08-31 12816764core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 12816764core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12816764core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12816764core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12816764core:PreviouslyStatedAmount2024-08-31 12816764core:PreviouslyStatedAmount2023-08-31 12816764business:SmallEntities2023-09-012024-08-31 12816764countries:EnglandWales2023-09-012024-08-31 12816764business:OrdinaryShareClass12023-09-012024-08-31 12816764business:OrdinaryShareClass12022-09-012023-08-31 128167642022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12816764 (England and Wales)
Linden Hill - Capital Assets - ALX Limited Unaudited accounts for the year ended 31 August 2024
Linden Hill - Capital Assets - ALX Limited Unaudited accounts Contents
Page
- 2 -
Linden Hill - Capital Assets - ALX Limited Company Information for the year ended 31 August 2024
Director
H Al-Mishwit
Company Number
12816764 (England and Wales)
Registered Office
55 GROSVENOR STREET MAYFAIR LONDON W1K 3HY ENGLAND
- 3 -
Linden Hill - Capital Assets - ALX Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
3,922,079 
3,922,079 
Current assets
Debtors
146,150 
7,100 
Cash at bank and in hand
12,524 
6,142 
158,674 
13,242 
Creditors: amounts falling due within one year
(193,841)
(149,189)
Net current liabilities
(35,167)
(135,947)
Total assets less current liabilities
3,886,912 
3,786,132 
Creditors: amounts falling due after more than one year
(4,405,108)
(4,177,708)
Net liabilities
(518,196)
(391,576)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(518,296)
(391,676)
Shareholders' funds
(518,196)
(391,576)
For the year ending 31 August 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 20 May 2025 and were signed on its behalf by
H Al-Mishwit Director Company Registration No. 12816764
- 4 -
Linden Hill - Capital Assets - ALX Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Linden Hill - Capital Assets - ALX Limited is a private company, limited by shares, registered in England and Wales, registration number 12816764. The registered office is 55 GROSVENOR STREET, MAYFAIR, LONDON, W1K 3HY, 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
3,922,079 
At 31 August 2024
3,922,079 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
146,150 
7,100 
- 5 -
Linden Hill - Capital Assets - ALX Limited Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,891 
8,136 
Trade creditors
2,700 
4,803 
Other creditors
110,000 
110,000 
Loans from directors
40,000 
- 
Deferred income
26,250 
26,250 
193,841 
149,189 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,293,750 
1,316,750 
Other creditors
3,111,358 
2,860,958 
4,405,108 
4,177,708 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Included in creditors: amounts falling due within one year, is the directors' loan account balance of £40,000 (2023: £Nil) as at the balance sheet date.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -