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REGISTERED NUMBER: 11029779 (England and Wales)






St Andrews Property Investments Limited

Cessation Financial Statements

for the period

1 November 2022 to 31 August 2023






St Andrews Property Investments Limited (Registered number: 11029779)

Contents of the Financial Statements
for the period 1 November 2022 to 31 August 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


St Andrews Property Investments Limited

Company Information
for the period 1 November 2022 to 31 August 2023







DIRECTOR: Mr R P Hodson





SECRETARY: Mr S B Benev





REGISTERED OFFICE: Manor Farm House
75 George Lane
Notton
Wakefield
West Yorkshire
WF4 2NQ





REGISTERED NUMBER: 11029779 (England and Wales)





ACCOUNTANTS: SMH Jolliffe Cork Ltd
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX

St Andrews Property Investments Limited (Registered number: 11029779)

Balance Sheet
31 August 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 302
Investment property 5 - 410,000
- 410,302

CURRENT ASSETS
Cash at bank 31,298 10,668

CREDITORS
Amounts falling due within one year 6 30,350 305,753
NET CURRENT ASSETS/(LIABILITIES) 948 (295,085 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

948

115,217

PROVISIONS FOR LIABILITIES - 20,933
NET ASSETS 948 94,284

St Andrews Property Investments Limited (Registered number: 11029779)

Balance Sheet - continued
31 August 2023

2023 2022
Notes £ £ £ £

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 848 94,184
SHAREHOLDERS' FUNDS 948 94,284

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 January 2024 and were signed by:





Mr R P Hodson - Director


St Andrews Property Investments Limited (Registered number: 11029779)

Notes to the Financial Statements
for the period 1 November 2022 to 31 August 2023


1. STATUTORY INFORMATION

St Andrews Property Investments 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 functional and presentation currency for the company is the pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated.

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.

Going concern
The company ceased to trade with effect from 31 August 2023 and the financial statements have therefore been prepared on a basis other than that of a going concern.

Turnover
Turnover represents rents receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Fixed assets are initially recorded at cost.

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.

Fair value has been determined by the directors having taken the appropriate professional advice and based on similar properties in the local area.

Financial instruments
The company has elected to apply the provision of Section 11 "Basic Financial Information" and Section 12 "Other Financial Issues" of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


St Andrews Property Investments Limited (Registered number: 11029779)

Notes to the Financial Statements - continued
for the period 1 November 2022 to 31 August 2023


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 period 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 period was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 November 2022 3,822
Disposals (3,822 )
At 31 August 2023 -
DEPRECIATION
At 1 November 2022 3,520
Charge for period 76
Eliminated on disposal (3,596 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 October 2022 302

St Andrews Property Investments Limited (Registered number: 11029779)

Notes to the Financial Statements - continued
for the period 1 November 2022 to 31 August 2023


5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 November 2022 410,000
Disposals (410,000 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 October 2022 410,000


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts - 100,000
Tax 16,090 2,804
Other creditors 13,000 149,924
Directors' current accounts - 49,975
Accruals and deferred income 1,260 3,050
30,350 305,753

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£ £
Bank loans - 100,000

Bank loans were previously secured by way of a charge over the company's investment property.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100