Company Registration No. 13625817 (England and Wales)
CRESTA HOUSE (LUTON) LIMITED
Unaudited accounts
for the year ended 31 December 2023
CRESTA HOUSE (LUTON) LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
76,105
171,497
Investment property
11,185,000
9,926,121
Cash at bank and in hand
60,851
67,341
Creditors: amounts falling due within one year
(378,888)
(518,639)
Net current liabilities
(186,252)
(399,898)
Total assets less current liabilities
11,074,853
9,697,720
Creditors: amounts falling due after more than one year
(8,029,117)
(7,989,795)
Provisions for liabilities
Net assets
2,855,478
1,707,925
Called up share capital
2,501,000
2,321,000
Profit and loss account
354,478
(613,075)
Shareholders' funds
2,855,478
1,707,925
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 July 2024 and were signed on its behalf by
Christos DIMITRIADIS
Director
Company Registration No. 13625817
CRESTA HOUSE (LUTON) LIMITED
Notes to the Accounts
for the year ended 31 December 2023
CRESTA HOUSE (LUTON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13625817. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
217,248
Charge for the year
95,392
At 31 December 2023
141,143
At 31 December 2023
76,105
At 31 December 2022
171,497
Fair value at 1 January 2023
9,926,121
Net gain from fair value adjustments
1,242,980
At 31 December 2023
11,185,000
CRESTA HOUSE (LUTON) LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
61,345
(11,013)
Accrued income and prepayments
70,440
62,413
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
298,259
411,943
Other creditors
61,610
72,084
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
8,028,764
7,989,795
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).