Lujack Property Limited - Accounts to registrar (filleted)

LUJACK PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

4TH SEPTEMBER 2024 TO 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mrs H R Norman

D J Norman

REGISTERED OFFICE:

First Floor, Woburn Court 2 Railton Road

Woburn Road Industrial Estate

Kempston

Bedfordshire

MK42 7PN

REGISTERED NUMBER:

15935874 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Investment property

4

360,199

CURRENT ASSETS

Debtors

5

1,069

Cash at bank

2,520

3,589

CREDITORS

Amounts falling due within one year

6

117,016

NET CURRENT LIABILITIES

(113,427

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

246,772

CREDITORS

Amounts falling due after more than one year

7

254,980

NET LIABILITIES

(8,208

)

RESERVES

Retained earnings

(8,208

)

(8,208

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st January 2026 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 2nd June 2026 and were signed on its behalf by:

D J Norman - Director

1.	STATUTORY INFORMATION

Lujack Property 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of rental income received or receivable, excluding discounts, rebates, value added tax and other sales taxes

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. No formal valuation has taken place during the year by a professional independent valuer. The current fair value is based on a recognised valuation model.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

360,199

At 31st January 2026

360,199

NET BOOK VALUE

At 31st January 2026

360,199

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,065

Directors' current accounts

4

1,069

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to related parties

115,576

Accruals and deferred income

1,440

117,016

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

£

Bank loans more 5 yr by instal

254,980

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

254,980

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

254,980

The Mortgage Works (UK) PLC registered fixed charges over the property 9 Hilton close held by the company on 19th December 2024

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31st January 2026:

£

Mrs H R Norman and D J Norman

Balance outstanding at start of period

-

Amounts advanced

4

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

4

The overdrawn director's loan account will be repaid within 9 months of the balance sheet date.

10.	RELATED PARTY DISCLOSURES

The related party loan to Hannah Rebecca Norman Limited of £115,576 is an interest free loan and payable on demand

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lujack Property Limited for the period ended 31st January 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Lujack Property Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lujack Property Limited and state those matters that we have agreed to state to the Board of Directors of Lujack Property Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lujack Property Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lujack Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Lujack Property Limited. You consider that Lujack Property Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Lujack Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

2nd June 2026