Registered number
13474726
STUK04 Ltd
Filleted Accounts for the year ended
30 June 2024
STUK04 Ltd
Registered number: 13474726
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 766,248 766,248
Current assets
Debtors 4 9,638 6,957
Cash at bank and in hand 5,510 50
15,148 7,007
Creditors: amounts falling due within one year 5 (356,334) (355,288)
Net current liabilities (341,186) (348,281)
Total assets less current liabilities 425,062 417,967
Creditors: amounts falling due after more than one year 6 (457,906) (457,880)
Net liabilities (32,844) (39,913)
Capital and reserves
Called up share capital 2 2
Profit and loss account (32,846) (39,915)
Shareholders' funds (32,844) (39,913)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Alexandrou
Director
Approved by the board on 12 March 2025
STUK04 Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from property rental is recognised in the period the rent relates to.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Investment property
Investment property is stated at fair value each year and is not depreciated.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Investment property
£
Cost/fair value
At 1 July 2023 766,248
At 30 June 2024 766,248
Depreciation
At 30 June 2024 -
Net book value
At 30 June 2024 766,248
At 30 June 2023 766,248
The directors consider the fair value as at 30 June 2024 to be the same as the original cost.
4 Debtors 2024 2023
£ £
Amounts owed by associated companies 7,400 3,400
Other debtors 2,238 3,557
9,638 6,957
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 30,740 32,494
Amounts owed by associated companies 324,154 321,354
Other creditors 1,440 1,440
356,334 355,288
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 457,906 457,880
7 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 457,906 457,880
Secured bank loans 457,906 457,880
Loans of £457,906 are secured by way of legal charge over the company's investment property.
8 Related party transactions
As at 30 June 2024:
The company was owed:
£3,400 (2023 - £3,400) by STUK11 Ltd
£4,000 (2023 - £Nil) by Southern Territory Limited

The company owed:
£123,393 (2023 - £120,593) to Atlantic Lodge (Housing) Limited
£194,281 (2023 - £194,281) to Friday Hill House Limited
£6,480 (2023 - £6,480) to Southern Territory (UK) Limited

These loans were made on an interest free basis with no set repayment date.

Atlantic Lodge (Housing) Limited and Friday Hill House Limited are companies in which both directors have an interest in.
STUK11 Ltd and Southern Territory (UK) Limited are companies in which the director A Alexandrou has interests in.
9 Controlling party
There is no ultimate controlling party. Both directors A Alexandrou and G Leonidas hold 50% of the share capital each.
10 Other information
STUK04 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Atlantic Business Centre
1 The Green
London
E4 7ES
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