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REGISTERED NUMBER: 13886462 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Alinea Property Limited

Alinea Property Limited (Registered number: 13886462)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alinea Property Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: O J Wadlow
S D Lloydbottom





REGISTERED OFFICE: Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ





REGISTERED NUMBER: 13886462 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

Alinea Property Limited (Registered number: 13886462)

Balance Sheet
31 December 2024

31.12.24 31.12.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 133 219
Investment property 5 247,959 247,959
248,092 248,178

CURRENT ASSETS
Debtors 6 3,058 1,626
Cash at bank 5,516 5,773
8,574 7,399
CREDITORS
Amounts falling due within one year 7 88,272 82,892
NET CURRENT LIABILITIES (79,698 ) (75,493 )
TOTAL ASSETS LESS CURRENT LIABILITIES 168,394 172,685

CREDITORS
Amounts falling due after more than one
year

8

177,170

177,170
NET LIABILITIES (8,776 ) (4,485 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (8,786 ) (4,495 )
(8,776 ) (4,485 )

Alinea Property Limited (Registered number: 13886462)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by:





O J Wadlow - Director


Alinea Property Limited (Registered number: 13886462)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Alinea Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There have been no material departures from the Financial Reporting Standard 102 1A.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 25% on straight line

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.


Alinea Property Limited (Registered number: 13886462)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 year 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.

Going concern
The financial statements have been prepared on a going concern basis following confirmation that the directors will continue to financially support the company in order to maintain its operations as necessary for the foreseeable future and at least 12 months from the date of signing the financial statements.

Prior year adjustment
In the prior financial year, other creditors included within amounts falling due within one year was overstated by £4,765, and other creditors included within amounts falling due after more than one year was understated by a corresponding £4,765. Whilst the prior year has been adjusted, there has been no change in the total creditors value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Alinea Property Limited (Registered number: 13886462)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 344
DEPRECIATION
At 1 January 2024 125
Charge for year 86
At 31 December 2024 211
NET BOOK VALUE
At 31 December 2024 133
At 31 December 2023 219

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 247,959
NET BOOK VALUE
At 31 December 2024 247,959
At 31 December 2023 247,959

The fair value of the investment property has been arrived at by a valuation by the directors at the open market value at 31 December 2024 based on similar properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Other debtors 3,058 1,626

Alinea Property Limited (Registered number: 13886462)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Trade creditors 52 49
Other creditors 88,220 82,843
88,272 82,892

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Other creditors 177,170 177,170

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
as restated
£    £   
Other loans 177,170 177,170

The loan is secured by a fixed charge over the property.

Alinea Property Limited (Registered number: 13886462)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

10. RELATED PARTY DISCLOSURES

Loans from related parties



Key
management

Other related
parties


Total
2024 £ £ £
At start of period 624 80,000 80,624
Advanced 624 5,000 5,624
Repaid (624 ) - (624 )
At end of period 624 85,000 85,624


Key
management

Other related
parties


Total
2023 £ £ £
At start of the period 72,182 3,077 75,259
Advanced 624 76,923 77,547
Repaid (72,182 ) - (72,182 )
At end of period 624 80,000 80,624

Loans from key management are interest free and repayable on demand.

Loans from other related parties are interest free and repayable on demand.