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REGISTERED NUMBER: 12769245 (England and Wales)















LUCKY 13 PROPERTY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JULY 2024






LUCKY 13 PROPERTY LTD (REGISTERED NUMBER: 12769245)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LUCKY 13 PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JULY 2024







DIRECTORS: Ms L Linnard
Mr N Starr
Mrs J Starr





REGISTERED OFFICE: Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ





REGISTERED NUMBER: 12769245 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

LUCKY 13 PROPERTY LTD (REGISTERED NUMBER: 12769245)

BALANCE SHEET
30TH JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 518,556 459,456

CURRENT ASSETS
Cash at bank 2,316 30,600

CREDITORS
Amounts falling due within one year 5 53,573 67,759
NET CURRENT LIABILITIES (51,257 ) (37,159 )
TOTAL ASSETS LESS CURRENT LIABILITIES 467,299 422,297

CREDITORS
Amounts falling due after more than one year 6 445,450 414,950
NET ASSETS 21,849 7,347

RESERVES
Retained earnings 21,849 7,347
21,849 7,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 16th April 2025 and were signed on its behalf by:



Mr N Starr - Director Mrs J Starr - Director



Ms L Linnard - Director


LUCKY 13 PROPERTY LTD (REGISTERED NUMBER: 12769245)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JULY 2024


1. STATUTORY INFORMATION

Lucky 13 Property 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises of rent receivable for the period.

Investment property
Investment properties are stated at cost which comprises the original purchase price plus associated legal and professional fees relating to the acquisition together with the cost of any renovations required to allow the property to be let.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Repairs and maintenance
In the absence of a specific intention by the board of either a disposition or substantial reconstruction of letting units in investment properties, all expenditure incurred on general repair, maintenance and upgrade is written off as incurred. It is the opinion of the board that the nature of the company's property ownership issuch that any appreciation in value is due to the passage of time rather than intent to improve as policy and is as such reflected through the revaluation reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

LUCKY 13 PROPERTY LTD (REGISTERED NUMBER: 12769245)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JULY 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31st July 2023 459,456
Additions 59,100
At 30th July 2024 518,556
NET BOOK VALUE
At 30th July 2024 518,556
At 30th July 2023 459,456

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 3,402 1,723
Other creditors 50,171 66,036
53,573 67,759

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 414,950 414,950
Other creditors 30,500 -
445,450 414,950

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 414,950 414,950

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 414,950 414,950

Secured loans falling due after more than one year are secured on the company's investment properties.

8. RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year is £46,346 due to the directors which is interest
free,unsecured and with no specific terms for repayment.