St Luke's Properties (UK) Ltd 07972330 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of property held in stock Digita Accounts Production Advanced 6.30.9574.0 true true 07972330 2023-04-01 2024-03-31 07972330 2024-03-31 07972330 bus:OrdinaryShareClass1 2024-03-31 07972330 core:CurrentFinancialInstruments 2024-03-31 07972330 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07972330 bus:SmallEntities 2023-04-01 2024-03-31 07972330 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07972330 bus:FullAccounts 2023-04-01 2024-03-31 07972330 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07972330 bus:RegisteredOffice 2023-04-01 2024-03-31 07972330 bus:CompanySecretary1 2023-04-01 2024-03-31 07972330 bus:Director2 2023-04-01 2024-03-31 07972330 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 07972330 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07972330 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-04-01 2024-03-31 07972330 countries:AllCountries 2023-04-01 2024-03-31 07972330 2022-04-01 2023-03-31 07972330 2023-03-31 07972330 bus:Director2 1 2023-03-31 07972330 bus:OrdinaryShareClass1 2023-03-31 07972330 core:CurrentFinancialInstruments 2023-03-31 07972330 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07972330 bus:Director2 1 2022-04-01 2023-03-31 07972330 bus:Director2 1 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07972330

St Luke's Properties (UK) Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

St Luke's Properties (UK) Ltd

Contents

Company Information

1

Statement of Director's Responsibilities

2

Balance Sheet

3

Notes to the Financial Statements

4 to 6

 

St Luke's Properties (UK) Ltd

Company Information

Director

Mr M Wrennall

Company secretary

Michaelides Warner & Co Ltd

Registered office

27 Saxon Hall
16 Palace Court
London
W2 4JA

Accountants

Michaelides Warner & Co
102 Fulham Palace Road
London
W6 9PL

 

St Luke's Properties (UK) Ltd

Statement of Director's Responsibilities

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' . Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

 

St Luke's Properties (UK) Ltd

(Registration number: 07972330)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

155,275

155,804

Cash at bank and in hand

 

204

204

 

155,479

156,008

Creditors: Amounts falling due within one year

5

(48,603)

(47,380)

Net assets

 

106,876

108,628

Capital and reserves

 

Called up share capital

6

90

90

Share premium reserve

110,010

110,010

Capital redemption reserve

10

10

Retained earnings

(3,234)

(1,482)

Shareholders' funds

 

106,876

108,628

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 November 2024
 

.........................................
Mr M Wrennall
Director

 

St Luke's Properties (UK) Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
27 Saxon Hall
16 Palace Court
London
W2 4JA
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The directors consider that there are no key judgements that management have made in the process of applying the company's accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

St Luke's Properties (UK) Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like investments, trade and other receivables,cash and bank balances, trade and other creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received

 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

7

155,275

155,804

   

155,275

155,804

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

156

-

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

47,699

46,631

Other creditors

 

748

749

 

48,603

47,380

 

St Luke's Properties (UK) Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

         

7

Related party transactions

Transactions with the director

2024

At 31 March 2024
£

Mr M Wrennall

 

749

 

 

2023

At 1 April 2022
£

At 31 March 2023
£

Mr M Wrennall

749

749

 

749

749

   

 

Summary of transactions with entities with joint control or significant interest


The amount owed by related parties with a participating interest, or significant influence is £155,275 (2023: £155,804)

The amount owed to related parties witha participating interest, or significant influence is £ 47,699 (2023: £46,631)