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
Linden Hill - Capital Assets - ALX Limited
Company Information
for the year ended 31 August 2024
Company Number
12816764 (England and Wales)
Registered Office
55 GROSVENOR STREET
MAYFAIR
LONDON
W1K 3HY
ENGLAND
Linden Hill - Capital Assets - ALX Limited
Statement of financial position
as at 31 August 2024
Investment property
3,922,079
3,922,079
Cash at bank and in hand
12,524
6,142
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)
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
Linden Hill - Capital Assets - ALX Limited
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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 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.
Fair value at 1 September 2023
3,922,079
At 31 August 2024
3,922,079
Amounts falling due within one year
Other debtors
146,150
7,100
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
Trade creditors
2,700
4,803
Other creditors
110,000
110,000
Loans from directors
40,000
-
Deferred income
26,250
26,250
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
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).