Company Registration No. 04029469 (England and Wales)
Alterion Ltd
Unaudited accounts
for the year ended 31 December 2024
Alterion Ltd
Unaudited accounts
Contents
Alterion Ltd
Company Information
for the year ended 31 December 2024
Company Number
04029469 (England and Wales)
Registered Office
Alterion Limited
1 Mercer Street
London
London
WC2H 9QJ
England
Alterion Ltd
Statement of financial position
as at 31 December 2024
Investments
6,196,488
6,196,488
Debtors
5,470,000
5,470,000
Cash at bank and in hand
3,425
3,905
Net current assets
5,473,425
5,473,905
Net assets
11,669,913
11,670,393
Called up share capital
10,323,056
10,323,056
Profit and loss account
1,346,857
1,347,337
Shareholders' funds
11,669,913
11,670,393
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 28 September 2025 and were signed on its behalf by
I H Abrahams
Director
Company Registration No. 04029469
Alterion Ltd
Notes to the Accounts
for the year ended 31 December 2024
Alterion Ltd is a private company, limited by shares, registered in England and Wales, registration number 04029469. The registered office is Alterion Limited, 1 Mercer Street , London, London, WC2H 9QJ, 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 in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The company is itself a subsidiary company and is exempt from the requirement to prepare group accounts by virtue of section 401 of the Companies Act 2006. These financial statements therefore present information about the company as an individual undertaking and not about its group.
The accounts are presented in £ sterling.
Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
4
Investments
Other investments
Valuation at 1 January 2024
6,196,488
Valuation at 31 December 2024
6,196,488
Amounts falling due within one year
Amounts due from group undertakings etc.
5,470,000
5,470,000
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
10,322,856 Preference Shares of £1 each
10,322,856
10,322,856
Alterion Ltd
Notes to the Accounts
for the year ended 31 December 2024
Fox Investment (Holdings) Limited, a company registered in England and Wales, is ultimate parent undertaking. The ultimate controlling party is I H Abrahams
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Average number of employees
During the year the average number of employees was 0 (2023: 0).