Year Ended
Registration number:
Alinea International Ltd
Balance Sheet
30 September 2022
Note |
2022 |
2021 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 04481639
Alinea International Ltd
Notes to the Financial Statements
Year Ended 30 September 2022
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are presented in Sterling, rounded to the nearest whole pound.
Going concern
The directors have considered sensitivities on income streams and have reviewed the level of core overheads of the business, to determine if there is sufficient working capital to meet these requirements.
Having reviewed the level of profitability, cash generation and working capital within the company, the directors are satisfied that the company can meet these requirements and, accordingly, the directors continue to adopt the going concern basis of presentation.
Revenue recognition
Turnover represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of the consideration due. Where a service is incomplete at the year end, turnover represents the value of the service provided to that date based on an agreed deliverables. Turnover is shown net of value added tax, returns, rebates and discounts.
Invoices are not raised until deliverables are met, so the value of incomplete services is included in accrued income in the balance sheet.
Alinea International Ltd
Notes to the Financial Statements
Year Ended 30 September 2022
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments
Classification
• Short term trade and other debtors and creditors; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Alinea International Ltd
Notes to the Financial Statements
Year Ended 30 September 2022
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Debtors |
2022 |
2021 |
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Trade debtors |
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- |
Prepayments |
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- |
Other debtors |
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- |
Accrued income |
- |
341,040 |
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Alinea International Ltd
Notes to the Financial Statements
Year Ended 30 September 2022
Creditors |
Creditors: amounts falling due within one year
2022 |
2021 |
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Due within one year |
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Trade creditors |
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Amounts owed to group undertakings |
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Corporation tax |
- |
17,239 |
Taxation and social security |
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Other creditors |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
2022 |
2021 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Audit report |
Alinea International Ltd
Notes to the Financial Statements
Year Ended 30 September 2022
Parent and ultimate parent undertaking |
The company's immediate parent is
These financial statements are available upon request from 14707 Bannister Road SE, Calgary, T2X 1Z2