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REGISTERED NUMBER: 10610068 (England and Wales)














Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Lucky Stop Ltd

Lucky Stop Ltd (Registered number: 10610068)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Lucky Stop Ltd

Company Information
for the Year Ended 29 February 2024







Director: Z Hussain





Registered office: 21 Park Crescent
Peterborough
Cambs
PE1 4DX





Business address: 21 Park Cresecent
Peterborough
Cambs
PE1 4DX





Registered number: 10610068 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Lucky Stop Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lucky Stop Ltd for the year ended 29 February 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lucky Stop Ltd in accordance with the terms of our engagement letter dated 29 October 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Lucky Stop Ltd and state those matters that we have agreed to state to the director of Lucky Stop Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lucky Stop Ltd and its director for our work or for this report.

It is your duty to ensure that Lucky Stop Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Lucky Stop Ltd. You consider that Lucky Stop Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lucky Stop Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


25 February 2025

Lucky Stop Ltd (Registered number: 10610068)

Statement of Financial Position
29 February 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investment property 5 250,001 282,001

Current assets
Cash at bank 1,084 26

Creditors
Amounts falling due within one year 6 63,735 59,904
Net current liabilities (62,651 ) (59,878 )
Total assets less current liabilities 187,350 222,123

Creditors
Amounts falling due after more than one
year

7

(99,835

)

(112,692

)

Provisions for liabilities (7,792 ) (18,252 )
Net assets 79,723 91,179

Capital and reserves
Called up share capital 8 100 100
Retained earnings 79,623 91,079
Shareholders' funds 79,723 91,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Lucky Stop Ltd (Registered number: 10610068)

Statement of Financial Position - continued
29 February 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 25 February 2025 and were signed by:





Z Hussain - Director


Lucky Stop Ltd (Registered number: 10610068)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. Statutory information

Lucky Stop Ltd 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 (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Lucky Stop Ltd (Registered number: 10610068)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


3. Accounting policies - continued

Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employees and directors

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

5. Investment property
Total
£   
Fair value
At 1 March 2023 282,001
Revaluations (32,000 )
At 29 February 2024 250,001
Net book value
At 29 February 2024 250,001
At 28 February 2023 282,001


6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 13,404 13,300
Trade creditors 1,440 1,332
Amounts owed to participating interests 39,967 38,095
Corporation tax 5,193 4,850
Directors' current accounts 1,220 -
Accruals and deferred income 2,511 2,327
63,735 59,904

Included above and below is a mortgage held by the company, which is secured against the property to which it relates.

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans and overdrafts 99,835 112,692

Lucky Stop Ltd (Registered number: 10610068)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


7. Creditors: amounts falling due after more than one year - continued

Included within creditors: amounts falling due after more than one year is an amount of £72,169 (2023: £75,360) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100

9. Related party transactions

Transactions with related parties under common ownership:

2024 2023
£ £
Amount due to Prestige Leisure (Peterborough) Ltd 5,680 5,680
Amount due to JH Estates Ltd 6,285 6,285
Amounts due to MT Hussain Properties Ltd 7,602 5,730
Amounts due to Maheed International Ltd 20,400 20,400
39,967 38,095