Company No:
Contents
DIRECTOR | Christopher George Wilson |
REGISTERED OFFICE | Gascoyne House Moseleys Farm Business Centre |
Fornham All Saints | |
Bury St Edmunds | |
IP28 6JY | |
United Kingdom |
COMPANY NUMBER | 11500688 (England and Wales) |
CHARTERED ACCOUNTANTS | Gascoynes |
Gascoyne House | |
Moseleys Farm Business Centre | |
Fornham All Saints | |
Bury St Edmunds | |
Suffolk | |
IP28 6JY |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
|
|
|
499,165 | 499,165 | |||
Current assets | ||||
Cash at bank and in hand |
|
|
||
25,910 | 22,239 | |||
Creditors: amounts falling due within one year | 4 | (
|
(
|
|
Net current assets | 23,637 | 20,292 | ||
Total assets less current liabilities | 522,802 | 519,457 | ||
Creditors: amounts falling due after more than one year | 5 | (
|
(
|
|
Net assets/(liabilities) |
|
(
|
||
Capital and reserves | ||||
Called-up share capital | 6 |
|
|
|
Profit and loss account |
|
(
|
||
Total shareholder's funds/(deficit) |
|
(
|
Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Luux Property Limited (registered number:
Christopher George Wilson
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Luux Property Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gascoyne House Moseleys Farm Business Centre, Fornham All Saints, Bury St Edmunds, IP28 6JY, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Land and buildings | not depreciated |
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
|
|
Land and buildings | Total | ||
£ | £ | ||
Cost | |||
At 01 September 2023 |
|
|
|
At 31 August 2024 |
|
|
|
Accumulated depreciation | |||
At 01 September 2023 |
|
|
|
At 31 August 2024 |
|
|
|
Net book value | |||
At 31 August 2024 |
|
|
|
At 31 August 2023 |
|
|
2024 | 2023 | ||
£ | £ | ||
Trade creditors |
|
|
|
Taxation and social security |
|
|
|
Other creditors |
|
|
|
|
|
2024 | 2023 | ||
£ | £ | ||
Bank loans |
|
|
|
Amounts owed to Group undertakings |
|
|
|
|
|
2024 | 2023 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
|
|
|