1 January 2025 false No description of principal activity Taxfiler 2024.6 11118207 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11118207 2024-12-31 11118207 2025-01-01 2025-12-31 11118207 business:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 11118207 business:FilletedAccounts 2025-01-01 2025-12-31 11118207 2025-12-31 11118207 business:Director1 2025-01-01 2025-12-31 11118207 business:RegisteredOffice 2025-01-01 2025-12-31 11118207 2024-12-31 11118207 core:WithinOneYear 2025-12-31 11118207 core:WithinOneYear 2024-12-31 11118207 core:AfterOneYear 2025-12-31 11118207 core:AfterOneYear 2024-12-31 11118207 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 11118207 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 11118207 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 11118207 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 11118207 core:PreviouslyStatedAmount 2025-12-31 11118207 core:PreviouslyStatedAmount 2024-12-31 11118207 business:SmallEntities 2025-01-01 2025-12-31 11118207 countries:EnglandWales 2025-01-01 2025-12-31 11118207 core:MoreThanFiveYears 2025-12-31 11118207 core:MoreThanFiveYears 2024-12-31 11118207 core:AfterOneYear 2025-01-01 2025-12-31 11118207 core:RevaluationInvestmentPropertyDeferredTax 2025-12-31 11118207 core:RevaluationInvestmentPropertyDeferredTax 2024-12-31 11118207 core:TaxLossesCarry-forwardsDeferredTax 2025-12-31 11118207 core:TaxLossesCarry-forwardsDeferredTax 2024-12-31 11118207 2023-12-31 11118207 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11118207 (England and Wales)
St Clements Lakes 361 Limited Unaudited accounts for the year ended 31 December 2025
St Clements Lakes 361 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
St Clements Lakes 361 Limited Company Information for the year ended 31 December 2025
Director
Jagjit Singh Johal
Company Number
11118207 (England and Wales)
Registered Office
The Whinnies, Church Road Hartley Longfield DA3 8DJ United Kingdom
Accountants
Workabee Accountants Sharon Gillett BSc FCA 11 Chestnut Avenue Buckhurst Hill Essex IG9 6EN
- 3 -
St Clements Lakes 361 Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
515,000
515,000
Current assets
Debtors
5
399
1,794
Cash at bank and in hand
7,266
3,799
7,665
5,593
Creditors: amounts falling due within one year
6
(138,197)
(138,302)
Net current liabilities
(130,532)
(132,709)
Total assets less current liabilities
384,468
382,291
Creditors: amounts falling due after more than one year
7
(326,474)
(318,871)
Provisions for liabilities
Deferred tax
8
(15,751)
(16,782)
Net assets
42,243
46,638
Capital and reserves
Called up share capital
1
1
Profit and loss account
42,242
46,637
Shareholders' funds
42,243
46,638
For the year ending 31 December 2025 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 director acknowledges his 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 and authorised for issue on 21 January 2026 and were signed on its behalf by
Jagjit Singh Johal Director Company Registration No. 11118207
- 4 -
St Clements Lakes 361 Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
St Clements Lakes 361 Limited is a private company, limited by shares, registered in England and Wales, registration number 11118207. The registered office is The Whinnies, Church Road, Hartley, Longfield, DA3 8DJ, 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.
Turnover
Turnover comprises of rental income and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost.
4
Investment property
2025
£
Fair value at 1 January 2025
515,000
At 31 December 2025
515,000
Valuation of properties is based on director valuations.
- 5 -
St Clements Lakes 361 Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
399
1,794
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
490
595
Loans from directors
135,894
135,894
Accruals
210
210
Deferred income
1,603
1,603
138,197
138,302
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
326,474
318,871
Aggregate of amounts that fall due for payment after five years
326,474
318,871
The bank loans (mortgage) are secured against the value of the investment property.
8
Deferred taxation
2025
2024
£
£
Revaluation of investment property
19,903
19,903
Tax losses carried forward
(4,152)
(3,121)
15,751
16,782
2025
2024
£
£
Provision at start of year
16,782
16,084
(Credited)/charged to the profit and loss account
(1,031)
698
Provision at end of year
15,751
16,782
9
Transactions with related parties
As at 31 December 2025, amounts owed to directors totalled £135,894 (2024: £135,894). No interest is charged on money owed and the amounts are repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -