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REGISTERED NUMBER: 06231789 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

ST GEORGES PROPERTY SERVICES (LONDON)
LTD

ST GEORGES PROPERTY SERVICES (LONDON)
LTD (REGISTERED NUMBER: 06231789)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ST GEORGES PROPERTY SERVICES (LONDON)
LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: M E White
A D White





REGISTERED OFFICE: 1a Parkfield Road
Willesden
London
NW10 2BJ





REGISTERED NUMBER: 06231789 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

ST GEORGES PROPERTY SERVICES (LONDON)
LTD (REGISTERED NUMBER: 06231789)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,208,357 527,310

CURRENT ASSETS
Debtors 5 20,864 66,844
Cash at bank 27,364 532,993
48,228 599,837
CREDITORS
Amounts falling due within one year 6 33,124 57,338
NET CURRENT ASSETS 15,104 542,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,223,461

1,069,809

CREDITORS
Amounts falling due after more than one
year

7

3,155,719

955,895
NET ASSETS 67,742 113,914

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 9 704,217 704,217
Retained earnings 9 (636,575 ) (590,403 )
SHAREHOLDERS' FUNDS 67,742 113,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

ST GEORGES PROPERTY SERVICES (LONDON)
LTD (REGISTERED NUMBER: 06231789)

BALANCE SHEET - continued
31 JANUARY 2023


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 27 November 2023 and were signed on its behalf by:





A D White - Director


ST GEORGES PROPERTY SERVICES (LONDON)
LTD (REGISTERED NUMBER: 06231789)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

St Georges Property Services (London) Ltd 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2022 527,310
Additions 2,681,047
At 31 January 2023 3,208,357
NET BOOK VALUE
At 31 January 2023 3,208,357
At 31 January 2022 527,310

ST GEORGES PROPERTY SERVICES (LONDON)
LTD (REGISTERED NUMBER: 06231789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
VAT 20,864 14,300

Amounts falling due after more than one year:
Amounts owed by group undertakings - 52,544

Aggregate amounts 20,864 66,844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 55,838
Accruals and deferred income 33,124 1,500
33,124 57,338

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,847,824 -
Other creditors 295,000 -
Directors' loan accounts 1,012,895 955,895
3,155,719 955,895

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   

9. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 February 2022 (590,403 ) 704,217 113,814
Deficit for the year (46,172 ) (46,172 )
At 31 January 2023 (636,575 ) 704,217 67,642

10. RELATED PARTY DISCLOSURES

St Georges Property Services (London) Ltd is a wholly owned subsidiary of Greyline Builders Limited. As at 31 January 2022, the intercompany loan due to Greyline Builders Ltd was £1,847,824 [2022: (£52,544)].

ST GEORGES PROPERTY SERVICES (LONDON)
LTD (REGISTERED NUMBER: 06231789)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

11. ULTIMATE CONTROLLING PARTY

The controlling party is Greyline Builders Ltd.