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REGISTERED NUMBER: 11431250 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 June 2023

for

Luxor Property Ltd

Luxor Property Ltd (Registered number: 11431250)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Luxor Property Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr A M Carter





REGISTERED OFFICE: 2 Strachey Avenue
Leamington Spa
Warwickshire
CV32 6SS





REGISTERED NUMBER: 11431250 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Luxor Property Ltd


The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Luxor Property Ltd for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Luxor Property Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Luxor Property Ltd and state those matters that we have agreed to state to the director of Luxor Property Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Luxor Property Ltd and its director for our work or for this report.

It is your duty to ensure that Luxor Property Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Luxor Property Ltd. You consider that Luxor Property Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Luxor Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


6 March 2024

Luxor Property Ltd (Registered number: 11431250)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 280,000 270,000

CURRENT ASSETS
Debtors 5 2,168 1,310
Cash at bank 3,928 3,128
6,096 4,438
CREDITORS
Amounts falling due within one year 6 86,475 87,155
NET CURRENT LIABILITIES (80,379 ) (82,717 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

199,621

187,283

CREDITORS
Amounts falling due after more than
one year

7

(171,516

)

(172,392

)

PROVISIONS FOR LIABILITIES (6,229 ) (4,329 )
NET ASSETS 21,876 10,562

CAPITAL AND RESERVES
Called up share capital 9 1 1
Fair value reserve 26,556 18,456
Retained earnings (4,681 ) (7,895 )
SHAREHOLDERS' FUNDS 21,876 10,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Luxor Property Ltd (Registered number: 11431250)

Balance Sheet - continued
30 June 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 director and authorised for issue on 6 March 2024 and were signed by:





Mr A M Carter - Director


Luxor Property Ltd (Registered number: 11431250)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Luxor Property 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 July 2022 270,000
Revaluations 10,000
At 30 June 2023 280,000
NET BOOK VALUE
At 30 June 2023 280,000
At 30 June 2022 270,000

Luxor Property Ltd (Registered number: 11431250)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


4. INVESTMENT PROPERTY - continued

Cost or valuation at 30 June 2023 is represented by:
£   
Valuation in 2021 22,785
Valuation in 2023 10,000
Cost 247,215
280,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 857 -
Other debtors 1,269 1,269
Prepayments and accrued income 42 41
2,168 1,310

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 876 876
Trade creditors 1,194 -
Other creditors 1,269 1,269
Directors' current accounts 81,822 83,822
Accruals and deferred income 1,314 1,188
86,475 87,155

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans - 1-2 years 876 876
Bank loans - 2-5 years 1,496 2,372
Other loans more 5yrs instal 169,144 169,144
171,516 172,392

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 169,144 169,144

Luxor Property Ltd (Registered number: 11431250)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


8. SECURED DEBTS

There is a charge secured on the property 11 Edward Street.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
1 Ordinary £1 1 1