IRIS Accounts Production v24.2.0.383 11059798 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110597982022-11-30110597982023-11-30110597982022-12-012023-11-30110597982021-11-30110597982021-12-012022-11-30110597982022-11-3011059798ns15:EnglandWales2022-12-012023-11-3011059798ns14:PoundSterling2022-12-012023-11-3011059798ns10:Director12022-12-012023-11-3011059798ns10:Director22022-12-012023-11-3011059798ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011059798ns10:SmallEntities2022-12-012023-11-3011059798ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3011059798ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011059798ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011059798ns10:FullAccounts2022-12-012023-11-3011059798ns10:OrdinaryShareClass12022-12-012023-11-3011059798ns10:RegisteredOffice2022-12-012023-11-3011059798ns5:CurrentFinancialInstruments2023-11-3011059798ns5:CurrentFinancialInstruments2022-11-3011059798ns5:ShareCapital2023-11-3011059798ns5:ShareCapital2022-11-3011059798ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 11059798 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ST PETERS MEWS LIMITED

ST PETERS MEWS LIMITED (REGISTERED NUMBER: 11059798)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

ST PETERS MEWS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: C E V Packe
A P R Wilson





REGISTERED OFFICE: 62 Dartmouth Road
London
NW2 4HA





REGISTERED NUMBER: 11059798 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

ST PETERS MEWS LIMITED (REGISTERED NUMBER: 11059798)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 40,000 40,000

CURRENT ASSETS
Cash at bank 1,206 301

CREDITORS
Amounts falling due within one year 5 16,758 16,879
NET CURRENT LIABILITIES (15,552 ) (16,578 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,448

23,422

PROVISIONS FOR LIABILITIES 4,655 4,655
NET ASSETS 19,793 18,767

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 19,791 18,765
SHAREHOLDERS' FUNDS 19,793 18,767

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:




C E V Packe - Director



A P R Wilson - Director


ST PETERS MEWS LIMITED (REGISTERED NUMBER: 11059798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

St Peters Mews 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.

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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties.
As a result the going concern basis of accounting has been adopted.

Turnover
Turnover represents ground rents receivable and is recognised as ground rents become due.

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 Statement of Income and Retained Earnings, 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
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 40,000
NET BOOK VALUE
At 30 November 2023 40,000
At 30 November 2022 40,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2022 24,500
Cost 15,500
40,000

ST PETERS MEWS LIMITED (REGISTERED NUMBER: 11059798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

30.11.23 30.11.22
£    £   
Cost 15,500 15,500

Investment property was valued on an open market basis on 30 November 2023 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors - 1,261
Directors' current accounts 16,458 15,498
Accrued expenses 300 120
16,758 16,879

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
2 Ordinary £1 2 2

7. RELATED PARTY DISCLOSURES

Directors current exists and as at the balance sheet date the directors, C Packe and A Wilson were each owed £8,229 (2022: £7,749 each).
No interest is charged on these amounts and they are repayable upon demand.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ST PETERS MEWS LIMITED

The following reproduces the text of the report prepared for the directors 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 Directors 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 St Peters Mews Limited for the year ended 30 November 2023 which comprise the Statement of Income and Retained Earnings, 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 Board of Directors of St Peters Mews Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of St Peters Mews Limited and state those matters that we have agreed to state to the Board of Directors of St Peters Mews Limited, as a body, 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 St Peters Mews Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that St Peters Mews Limited 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 St Peters Mews Limited. You consider that St Peters Mews Limited 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 St Peters Mews Limited. 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


29 August 2024