Registered number: 9052257 | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
Prepared By: | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
S&T Developers Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 9052257 | ||||||||
BANKERS | ||||||||
Barclays | ||||||||
SOLICITORS | ||||||||
Moerans | ||||||||
ACCOUNTANTS | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
S&T Developers Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
S&T Developers Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | ||||||||||
Investment Assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
213,118 | 217,505 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 97,603 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 609,005 | 613,952 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 312,479 | 312,751 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
S&T Developers Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/06/2023 | 200 | 200 | |||||||
At 31/05/2024 | 200 | 200 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/05/2024 | 200 | 200 | |||||||
At 31/05/2023 | 200 | 200 | |||||||
Investments represents 67% of the called up share capital of YTS Estates Limited, company number 10010917. As at 28 February 2023, YTS Estates Limited's net assets totalled £439,835 (2023: £445,378) and its loss for the year then ended totalled £5,543 (2023: £75,400). | |||||||||
S&T Developers Limited | ||||||||
3. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/06/2023 | 900,000 | 900,000 | ||
At 31/05/2024 | 900,000 | 900,000 | ||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 2,612 | 7,600 | ||||||
Other debtors | 208,380 | 208,380 | ||||||
210,992 | 215,980 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other creditors | 4,110 | 4,110 | ||||||
Accruals | 1,320 | 1,890 | ||||||
Amounts due to group companies | 115,304 | 113,902 | ||||||
120,734 | 119,902 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 30,509 | 35,456 | ||||||
Bank loans (secured) >1yr | 578,496 | 578,496 | ||||||
609,005 | 613,952 | |||||||
S&T Developers Limited | ||||||||
7. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 71,000 | 71,000 | ||||||
71,000 | 71,000 | |||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
10. CONTROLLING PARTY | ||||||||
The company is controlled by the director, Z Grosskopf, by virtue of the fact that he holds 100% of the company's issued and called up voting share capital. | ||||||||
11. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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