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REGISTERED NUMBER: 00442385 (England and Wales)















J.P. Lucas & Company Limited

Audited Financial Statements

for the Year Ended 30 April 2024






J.P. Lucas & Company Limited (Registered number: 00442385)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J.P. Lucas & Company Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: SG Schofield
JN Stoker





REGISTERED OFFICE: 277 Wennington Road
Southport
Merseyside
PR9 7TW





REGISTERED NUMBER: 00442385 (England and Wales)





AUDITORS: McMillan & Co LLP
Chartered Accountants and
Statutory Auditor
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

J.P. Lucas & Company Limited (Registered number: 00442385)

Balance Sheet
30 April 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 830,000

CURRENT ASSETS
Debtors 5 26,110 1,143,510
NET CURRENT ASSETS 26,110 1,143,510
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,110

1,973,510

CAPITAL AND RESERVES
Called up share capital 10,310 10,310
Share premium 6 15,800 15,800
Revaluation reserve 6 - 354,581
Retained earnings 6 - 1,592,819
SHAREHOLDERS' FUNDS 26,110 1,973,510

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by:





JN Stoker - Director


J.P. Lucas & Company Limited (Registered number: 00442385)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

J.P. Lucas & Company 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.

The presentation currency of the financial statements is the Pound Sterling (£) and the amounts in the financial statements have been rounded to the nearest £1.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with members of the group headed by Stokers Holdings Limited on the grounds that 100% of the voting rights in the company are controlled within that group and the results of the company are included in the consolidated financial statements.

Tangible fixed assets
No depreciation is provided on the company's long leasehold buildings as the directors consider that the lives of these assets are so long and residual values, based on prices prevailing at the time of acquisition, are sufficiently high that any depreciation would be immaterial. Provision is made in the profit and loss account in the event of any permanent diminution in the value of the properties.

Pension costs
The company operated a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

J.P. Lucas & Company Limited (Registered number: 00442385)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Long
leasehold
£
COST OR VALUATION
At 1 May 2023 830,000
Disposals (830,000 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 830,000


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed by group undertakings 26,110 1,143,510

6. RESERVES
Retained Share Revaluation
earnings premium reserve Totals
£ £ £ £

At 1 May 2023 1,592,819 15,800 354,581 1,963,200
Deficit for the year (13,517 ) (13,517 )
Dividends (1,933,883 ) (1,933,883 )
Transfers 354,581 - (354,581 ) -
At 30 April 2024 - 15,800 - 15,800

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrea Gerring FCA (Senior Statutory Auditor)
for and on behalf of McMillan & Co LLP

8. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary undertaking of Stokers Limited, which is the immediate controlling party, which is a company registered in England and Wales. Stokers Limited is a wholly owned subsidiary undertaking of Stokers Holdings Limited, which is the ultimate parent undertaking and which is a company registered in England and Wales. The registered office of both Stokers Limited and Stokers Holdings Limited is at 277 Wennington Road, Southport, Merseyside, PR9 7TW. The parent undertaking of the largest group, for which group financial statements are prepared, is Stokers Holdings Limited.

9. ULTIMATE CONTROLLING PARTY

In the directors opinion the company is ultimately controlled by Mr JN Stoker and Mr SG Schofield by virtue of their shareholding in the ultimate parent undertaking which is Stokers Holdings Limited.