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Company Registration No. 12873704 (England and Wales)
LUK & CO PROPERTY LIMITED Unaudited accounts for the year ended 30 September 2025
LUK & CO PROPERTY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LUK & CO PROPERTY LIMITED Company Information for the year ended 30 September 2025
Director
Lai Chau Luk
Company Number
12873704 (England and Wales)
Registered Office
1B TUDOR LANE CARDIFF CF11 6AZ WALES
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LUK & CO PROPERTY LIMITED Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
304,170
160,000
Current assets
Cash at bank and in hand
3,034
117,295
Creditors: amounts falling due within one year
5
(286,428)
(1,020)
Net current (liabilities)/assets
(283,394)
116,275
Total assets less current liabilities
20,776
276,275
Creditors: amounts falling due after more than one year
6
-
(255,894)
Provisions for liabilities
Deferred tax
7
(18,088)
(6,406)
Net assets
2,688
13,975
Capital and reserves
Called up share capital
10
10
Profit and loss account
2,678
13,965
Shareholders' funds
2,688
13,975
For the year ending 30 September 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 12 March 2026 and were signed on its behalf by
Lai Chau Luk Director Company Registration No. 12873704
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LUK & CO PROPERTY LIMITED Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
LUK & CO PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12873704. The registered office is 1B TUDOR LANE, CARDIFF, CF11 6AZ, WALES.
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.
Investment property
Investment property is measured at 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, including those arising on the revaluation of investment property, at the tax rates 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, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investment property
2025
£
Fair value at 1 October 2024
160,000
Additions
139,170
Net gain from fair value adjustments
5,000
At 30 September 2025
304,170
The fair value of the investment property has been determined by reference to market information including online property valuation estimates and comparable market transactions.
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LUK & CO PROPERTY LIMITED Notes to the Accounts for the year ended 30 September 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
13,970
-
Loans from directors
272,458
-
Accruals
-
1,020
286,428
1,020
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
-
255,894
7
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
-
6,406
Revaluation of investment property
18,088
-
18,088
6,406
2025
2024
£
£
Provision at start of year
6,406
6,406
Charged to the profit and loss account
11,682
-
Provision at end of year
18,088
6,406
8
Transactions with related parties
The company acquired an investment property funded by a loan from the director. The loan is unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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