1 January 2024 false Taxfiler 2024.6 true 12045225business:PrivateLimitedCompanyLtd2024-01-012024-12-31 120452252023-12-31 120452252024-01-012024-12-31 12045225business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 12045225business:FilletedAccounts2024-01-012024-12-31 120452252024-12-31 12045225business:Director12024-01-012024-12-31 12045225business:RegisteredOffice2024-01-012024-12-31 120452252023-12-31 12045225core:WithinOneYear2024-12-31 12045225core:WithinOneYear2023-12-31 12045225core:AfterOneYear2024-12-31 12045225core:AfterOneYear2023-12-31 12045225core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12045225core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12045225core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12045225core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12045225core:PreviouslyStatedAmount2024-12-31 12045225core:PreviouslyStatedAmount2023-12-31 12045225business:SmallEntities2024-01-012024-12-31 12045225countries:EnglandWales2024-01-012024-12-31 12045225business:OrdinaryShareClass12024-01-012024-12-31 12045225business:OrdinaryShareClass12022-07-012023-12-31 120452252022-07-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12045225 (England and Wales)
Linden Hill - Capital Assets - ESA2 Limited Unaudited Financial Statements for the year ended 31 December 2024
Linden Hill - Capital Assets - ESA2 Limited Unaudited Financial Statements Contents
Page
- 2 -
Linden Hill - Capital Assets - ESA2 Limited Company Information for the year ended 31 December 2024
Director
Haroun Al-Mishwit
Company Number
12045225 (England and Wales)
Registered Office
55 Grosvenor Street, Mayfair London W1K 3HY United Kingdom
- 3 -
Linden Hill - Capital Assets - ESA2 Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
3,950,000 
3,950,000 
Current assets
Debtors
214,283 
145,325 
Cash at bank and in hand
1,857 
146,021 
216,140 
291,346 
Creditors: amounts falling due within one year
(47,892)
(4,760)
Net current assets
168,248 
286,586 
Total assets less current liabilities
4,118,248 
4,236,586 
Creditors: amounts falling due after more than one year
(2,917,556)
(2,917,556)
Provisions for liabilities
Deferred tax
(269,095)
(269,095)
Net assets
931,597 
1,049,935 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
931,497 
1,049,835 
Shareholders' funds
931,597 
1,049,935 
For the year ending 31 December 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 11 July 2025 and were signed on its behalf by
Haroun Al-Mishwit Director Company Registration No. 12045225
- 4 -
Linden Hill - Capital Assets - ESA2 Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Linden Hill - Capital Assets - ESA2 Limited is a private company, limited by shares, registered in England and Wales, registration number 12045225. The registered office is 55, Grosvenor Street, Mayfair, London, W1K 3HY, United Kingdom.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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.
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 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.
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
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.
- 5 -
Linden Hill - Capital Assets - ESA2 Limited Notes to the Accounts for the year ended 31 December 2024
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
3,950,000 
At 31 December 2024
3,950,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
6,905 
Other debtors
214,283 
138,420 
214,283 
145,325 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
20,548 
- 
Trade creditors
27,344 
4,760 
47,892 
4,760 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,760,407 
1,760,407 
Other creditors
1,157,149 
1,157,149 
2,917,556 
2,917,556 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -