REGISTERED NUMBER: 02790812 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Athenalink Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mr S H Sharp

Mr G M Sharp

Mrs J Sharp

REGISTERED OFFICE:

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

REGISTERED NUMBER:

02790812 (England and Wales)

ACCOUNTANTS:

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

FIXED ASSETS

Investment property

4

1,001,000

1,001,000

CURRENT ASSETS

Debtors

5

1,306

1,677

Cash at bank

58,666

104,547

59,972

106,224

CREDITORS

Amounts falling due within one year

6

16,359

21,908

NET CURRENT ASSETS

43,613

84,316

TOTAL ASSETS LESS CURRENT LIABILITIES

1,044,613

1,085,316

PROVISIONS FOR LIABILITIES

7

106,867

106,867

NET ASSETS

937,746

978,449

CAPITAL AND RESERVES

Called up share capital

260

260

Share premium

159,840

159,840

Fair value reserve

8

646,016

646,016

Retained earnings

131,630

172,333

SHAREHOLDERS' FUNDS

937,746

978,449

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 11 September 2025 and were signed on its behalf by:

Mr G M Sharp - Director

1.	STATUTORY INFORMATION

Athenalink 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 as modified by the revaluation of certain assets.

Turnover

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,001,000

NET BOOK VALUE

At 31 December 2024

1,001,000

At 31 December 2023

1,001,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2019

204,427

Valuation in 2022

91,000

Cost

705,573

1,001,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by associates

-

741

Prepayments

1,306

936

1,306

1,677

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to associates

455

-

Tax

2,187

3,985

Social security and other taxes

1,617

-

Other creditors

540

624

Directors' loan accounts

10,344

15,979

Accrued expenses

1,216

1,320

16,359

21,908

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Other timing differences

106,867

106,867

Deferred tax

£

Balance at 1 January 2024

106,867

Balance at 31 December 2024

106,867

8.

RESERVES

Fair value

reserve

£

At 1 January 2024

and 31 December 2024

646,016

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

11 September 2025