Registered number
01151423
Alexia Properties limited
Abbreviated Report and Accounts
31 December 2024
Alexia Properties limited
Registered number: 01151423
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 177,300 87,394
Investments 4 482,643 484,875
659,943 572,269
Current assets
Debtors 5 7,029 -
Cash at bank and in hand 75,850 30,649
82,879 30,649
Creditors: amounts falling due within one year 6 (145,801) (50,364)
Net current liabilities (62,922) (19,715)
Net assets 597,021 552,554
Capital and reserves
Called up share capital 100 100
Profit and loss account 596,921 552,454
Shareholders' funds 597,021 552,554
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Thumim
Director
Approved by the board on 8 August 2025
Alexia Properties limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the surplus in the company's share of Merwood Properties Ltd, a joint property syndicate venture
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and buildings, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, or at current value if less, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2024 87,394
Additions 89,906
At 31 December 2024 177,300
Depreciation
At 31 December 2024 -
Net book value
At 31 December 2024 177,300
At 31 December 2023 87,394
4 Investments
Other
investments
£
Cost
At 1 January 2024 36% in joint syndicate venture 484,875
Additions (2,232)
At 31 December 2024 482,643
5 Debtors 2024 2023
£ £
Other debtors 7,029 -
6 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 10,902 4,385
Other creditors 134,899 45,979
145,801 50,364
7 Other information
Alexia Properties limited is a private company limited by shares and incorporated in England. Its registered office is:
24 Woodlands
London
NW11 9QL
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