Registered number
12422213
LUCK PROPERTIES LTD
Filleted Accounts
31 January 2024
LUCK PROPERTIES LTD
Registered number: 12422213
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 66,327 75,180
66,327 75,180
Creditors: amounts falling due within one year 3 (31,297) (32,633)
Net current assets 35,030 42,547
Total assets less current liabilities 35,030 42,547
Creditors: amounts falling due after more than one year 4 (35,106) (42,147)
Net (liabilities)/assets (76) 400
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (1,076) (600)
Shareholders' funds (76) 400
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Joel Samuels
Director
Approved by the board on 24 September 2024
LUCK PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 31,297 32,633
31,297 32,633
4 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 35,106 42,147
35,106 42,147
5 Other information
LUCK PROPERTIES LTD is a private company limited by shares and incorporated in England. Its registered office is:
H Plaskow & Co
Chartered Certified Accountants
208 Green Lanes
Palmers Green
London
N13 5UE
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