1 January 2024 false No description of principal activity Taxfiler 2024.6 04405501business:PrivateLimitedCompanyLtd2024-01-012024-12-31 044055012023-12-31 044055012024-01-012024-12-31 04405501business:AuditExemptWithAccountantsReport2024-01-012024-12-31 04405501business:FilletedAccounts2024-01-012024-12-31 044055012024-12-31 04405501business:Director12024-01-012024-12-31 04405501business:Director22024-01-012024-12-31 04405501business:RegisteredOffice2024-01-012024-12-31 044055012023-12-31 04405501core:WithinOneYear2024-12-31 04405501core:WithinOneYear2023-12-31 04405501core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 04405501core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 04405501core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 04405501core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 04405501core:PreviouslyStatedAmount2024-12-31 04405501core:PreviouslyStatedAmount2023-12-31 04405501business:SmallEntities2024-01-012024-12-31 04405501countries:EnglandWales2024-01-012024-12-31 04405501core:LandBuildings2023-12-31 04405501core:LandBuildings2024-12-31 044055012023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04405501 (England and Wales)
ST JAMES'S PROPERTY COMPANY LIMITED Unaudited accounts for the year ended 31 December 2024
ST JAMES'S PROPERTY COMPANY LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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ST JAMES'S PROPERTY COMPANY LIMITED Company Information for the year ended 31 December 2024
Directors
Justin James Verderber Maxinne Nicolle Verderber
Company Number
04405501 (England and Wales)
Registered Office
5 Thomas Churchyard Melton Woodbridge Suffolk IP12 1TL United Kingdom
Accountants
Regal Accountants Limited Suite 110, Legacy Centre Hampton Road West Feltham Middlesex TW13 6DH
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ST JAMES'S PROPERTY COMPANY LIMITED for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ST JAMES'S PROPERTY COMPANY LIMITED for the year ended 31 December 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Regal Accountants Limited Chartered Certified Accountants Suite 110, Legacy Centre Hampton Road West Feltham Middlesex TW13 6DH 19 September 2025
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ST JAMES'S PROPERTY COMPANY LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
245,401 
245,401 
Current assets
Debtors
5
731,583 
714,831 
Cash at bank and in hand
432 
(118)
732,015 
714,713 
Creditors: amounts falling due within one year
6
(420,609)
(402,204)
Net current assets
311,406 
312,509 
Net assets
556,807 
557,910 
Capital and reserves
Called up share capital
724,320 
724,320 
Profit and loss account
(167,513)
(166,410)
Shareholders' funds
556,807 
557,910 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by
Justin James Verderber Director Company Registration No. 04405501
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ST JAMES'S PROPERTY COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
ST JAMES'S PROPERTY COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04405501. The registered office is 5 Thomas Churchyard, Melton, Woodbridge, Suffolk, IP12 1TL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
245,401 
At 31 December 2024
245,401 
Depreciation
At 31 December 2024
- 
Net book value
At 31 December 2024
245,401 
At 31 December 2023
245,401 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
731,583 
714,831 
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ST JAMES'S PROPERTY COMPANY LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
2 
- 
Loans from directors
419,952 
401,574 
Accruals
655 
630 
420,609 
402,204 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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