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Company Registration No. 12000737 (England and Wales)
34 ST EGBERTS WAY LTD Unaudited accounts for the year ended 30 May 2024
34 ST EGBERTS WAY LTD Unaudited accounts Contents
Page
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34 ST EGBERTS WAY LTD Company Information for the year ended 30 May 2024
Director
Iqbal Suleman
Company Number
12000737 (England and Wales)
Registered Office
Xeinadin, 8th Floor, Becket House, 36 Old Jewry London EC2R 8DD United Kingdom
Accountants
Xeinadin 8th Floor, Becket House 36 Old Jewry London EC2R 8DD
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34 ST EGBERTS WAY LTD Statement of financial position as at 30 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
400,000 
400,000 
Current assets
Debtors
241,590 
206,861 
Cash at bank and in hand
3,021 
53,880 
244,611 
260,741 
Creditors: amounts falling due within one year
9,328 
- 
Net current assets
253,939 
260,741 
Total assets less current liabilities
653,939 
660,741 
Creditors: amounts falling due after more than one year
(320,000)
(320,000)
Provisions for liabilities
Deferred tax
(68,840)
(68,840)
Net assets
265,099 
271,901 
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
264,999 
271,901 
Shareholders' funds
265,099 
271,901 
For the year ending 30 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 February 2025 and were signed on its behalf by
Iqbal Suleman Director Company Registration No. 12000737
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34 ST EGBERTS WAY LTD Notes to the Accounts for the year ended 30 May 2024
1
Statutory information
34 ST EGBERTS WAY LTD is a private company, limited by shares, registered in England and Wales, registration number 12000737. The registered office is Xeinadin, 8th Floor, Becket House,, 36 Old Jewry, London, EC2R 8DD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 31 May 2023
400,000 
At 30 May 2024
400,000 
The valuations were made by external valuers, on an open market value for existing use basis.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
206,861 
Amounts falling due after more than one year
Other debtors
241,590 
- 
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34 ST EGBERTS WAY LTD Notes to the Accounts for the year ended 30 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
(9,328)
- 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
320,000 
320,000 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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