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REGISTERED NUMBER: 09961184 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ST ANDREWS LIMITED

ST ANDREWS LIMITED (REGISTERED NUMBER: 09961184)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ST ANDREWS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr A L Charalambous





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 09961184 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ST ANDREWS LIMITED (REGISTERED NUMBER: 09961184)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,208 26,413
Investment property 5 1,157,612 1,157,612
1,183,820 1,184,025

CURRENT ASSETS
Cash at bank and in hand 162 476

CREDITORS
Amounts falling due within one year 6 347,504 309,865
NET CURRENT LIABILITIES (347,342 ) (309,389 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

836,478

874,636

CREDITORS
Amounts falling due after more than one
year

7

966,018

984,308
NET LIABILITIES (129,540 ) (109,672 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (129,640 ) (109,772 )
SHAREHOLDERS' FUNDS (129,540 ) (109,672 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ST ANDREWS LIMITED (REGISTERED NUMBER: 09961184)

BALANCE SHEET - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





Mr A L Charalambous - Director


ST ANDREWS LIMITED (REGISTERED NUMBER: 09961184)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

St Andrews 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.

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.

Turnover
Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ST ANDREWS LIMITED (REGISTERED NUMBER: 09961184)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 25,043 3,322 28,365
DEPRECIATION
At 1 February 2023 - 1,952 1,952
Charge for year - 205 205
At 31 January 2024 - 2,157 2,157
NET BOOK VALUE
At 31 January 2024 25,043 1,165 26,208
At 31 January 2023 25,043 1,370 26,413

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 1,157,612
NET BOOK VALUE
At 31 January 2024 1,157,612
At 31 January 2023 1,157,612

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts (see note 8) 3,671 -
Trade creditors 4,633 1,619
Amounts due to related parties 335,497 303,460
Accrued expenses 3,703 4,786
347,504 309,865

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans (see note 8) 966,018 984,308

ST ANDREWS LIMITED (REGISTERED NUMBER: 09961184)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. LOANS

An analysis of the maturity of loans is given below:

31.1.24 31.1.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 3,671 -

Amounts falling due between one and two years:
Bank loans - 1-2 years 3,671 -

Amounts falling due between two and five years:
Bank loans - 2-5 years 962,347 984,308

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary shares £1 100 100