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REGISTERED NUMBER: 09888109 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Luxury Southbank Properties Limited

Luxury Southbank Properties Limited (Registered number: 09888109)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Luxury Southbank Properties Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Shakar Elahi FCCA
Ms B T Elahi





REGISTERED OFFICE: Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA





REGISTERED NUMBER: 09888109 (England and Wales)





ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA

Luxury Southbank Properties Limited (Registered number: 09888109)

Balance Sheet
30 November 2024

30/11/24 30/11/23
Notes £    £    £    £   
ASSETS

FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,659 974
1,659 974

CURRENT ASSETS
Debtors 6 1,069,121 773,429
Cash at bank 157,735 120,872
1,226,856 894,301
1,228,515 895,275

CAPITAL, RESERVES AND LIABILITIES

CAPITAL AND RESERVES
Called up share capital 300 300
Share premium 40,950 40,950
Retained earnings 654,472 532,974
SHAREHOLDERS' FUNDS 695,722 574,224

CREDITORS 7 532,793 321,051
1,228,515 895,275

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Luxury Southbank Properties Limited (Registered number: 09888109)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2025 and were signed on its behalf by:





Shakar Elahi FCCA - Director


Luxury Southbank Properties Limited (Registered number: 09888109)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Luxury Southbank Properties Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

Luxury Southbank Properties Limited (Registered number: 09888109)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2023
and 30 November 2024 25,000
AMORTISATION
At 1 December 2023
and 30 November 2024 25,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 1,958
Additions 1,069
At 30 November 2024 3,027
DEPRECIATION
At 1 December 2023 984
Charge for year 384
At 30 November 2024 1,368
NET BOOK VALUE
At 30 November 2024 1,659
At 30 November 2023 974

6. DEBTORS
30/11/24 30/11/23
£    £   
Amounts falling due within one year:
Trade debtors 241,870 159,062
Amounts owed by group undertakings 202,805 100,952
Other debtors 1,410 1,963
446,085 261,977

Luxury Southbank Properties Limited (Registered number: 09888109)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. DEBTORS - continued
30/11/24 30/11/23
£    £   
Amounts falling due after more than one year:
Other debtors 623,036 511,452

Aggregate amounts 1,069,121 773,429

7. CREDITORS
30/11/24 30/11/23
£    £   
Amounts falling due within one year:
Trade creditors 45,237 29,762
Taxation and social security 64,974 43,850
Other creditors 422,582 216,961
532,793 290,573

Amounts falling due after more than one year:
Bank loans - 30,478

Aggregate amounts 532,793 321,051