1 March 2023 false No description of principal activity Taxfiler 2024.6 13909661business:PrivateLimitedCompanyLtd2023-03-012024-02-28 139096612023-02-28 139096612023-03-012024-02-28 13909661business:AuditExemptWithAccountantsReport2023-03-012024-02-28 13909661business:FilletedAccounts2023-03-012024-02-28 139096612024-02-28 139096612023-02-28 13909661core:WithinOneYear2024-02-28 13909661core:WithinOneYear2023-02-28 13909661core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 13909661core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13909661core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 13909661core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13909661core:PreviouslyStatedAmount2024-02-28 13909661core:PreviouslyStatedAmount2023-02-28 13909661business:SmallEntities2023-03-012024-02-28 13909661business:Director12023-03-012024-02-28 13909661countries:EnglandWales2023-03-012024-02-28 13909661business:RegisteredOffice2023-03-012024-02-28 139096612022-02-112023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13909661 (England and Wales)
GOOD LUCK PROPERTIES LTD Accounts for the period from 1 March 2023 to 28 February 2024
GOOD LUCK PROPERTIES LTD Accounts Contents
Page
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GOOD LUCK PROPERTIES LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
95,672 
- 
Current assets
Debtors
85,000 
50,000 
Cash at bank and in hand
18,621 
13,100 
103,621 
63,100 
Creditors: amounts falling due within one year
(199,239)
(63,300)
Net current liabilities
(95,618)
(200)
Net assets/(liabilities)
54 
(200)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(46)
(300)
Shareholders' funds
54 
(200)
For the period ending 28 February 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
Muhammad Waseem Khan Director Company Registration No. 13909661
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GOOD LUCK PROPERTIES LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
GOOD LUCK PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13909661. The registered office is 466 BALMORAL ROAD, FORESTGATE, LONDON, E7 0NS, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Additions
95,672 
At 28 February 2024
95,672 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
85,000 
50,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
169,239 
39,000 
Loans from directors
29,600 
24,000 
Accruals
400 
300 
199,239 
63,300 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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