Company Registration No. 10809935 (England and Wales)
Alika Properties Limited
Unaudited accounts
for the year ended 30 June 2024
Alika Properties Limited
Unaudited accounts
Contents
Alika Properties Limited
Company Information
for the year ended 30 June 2024
Company Number
10809935 (England and Wales)
Registered Office
Alika Properties Ltd
16 Church Street
Rugby
Warwickshire
CV21 3PU
England
Accountants
Express Accounts
61 Albert Street
Rugby
CV21 2SN
Alika Properties Limited
Statement of financial position
as at 30 June 2024
Tangible assets
1,492,725
1,493,277
Cash at bank and in hand
1,110
59,249
Creditors: amounts falling due within one year
(261,956)
(101,064)
Net current (liabilities)/assets
(260,846)
86,996
Total assets less current liabilities
1,231,879
1,580,273
Creditors: amounts falling due after more than one year
(1,380,361)
(1,630,000)
Net liabilities
(148,482)
(49,727)
Called up share capital
100
100
Profit and loss account
(148,582)
(49,827)
Shareholders' funds
(148,482)
(49,727)
For the year ending 30 June 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 her 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 13 June 2025 and were signed on its behalf by
G. Larner
Director
Company Registration No. 10809935
Alika Properties Limited
Notes to the Accounts
for the year ended 30 June 2024
Alika Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10809935. The registered office is Alika Properties Ltd, 16 Church Street, Rugby, Warwickshire, CV21 3PU, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2023
1,520,000
4,765
1,524,765
At 30 June 2024
1,520,000
4,765
1,524,765
At 1 July 2023
30,400
1,088
31,488
Charge for the year
-
552
552
At 30 June 2024
30,400
1,640
32,040
At 30 June 2024
1,489,600
3,125
1,492,725
At 30 June 2023
1,489,600
3,677
1,493,277
Amounts falling due after more than one year
Alika Properties Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
48,440
27,500
Trade creditors
3,000
1,800
Taxes and social security
18,915
9,308
Loans from directors
191,601
62,456
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,296,079
1,520,000
Obligations under finance leases and hire purchase contracts
84,282
110,000
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).