REGISTERED NUMBER: 08225333

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Lustre Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Baumgarten

J Baumgarten

REGISTERED OFFICE:

34 Heathland Road

London

N16 5LZ

REGISTERED NUMBER:

08225333

ACCOUNTANTS:

London Accounting Group Ltd

FIXED ASSETS

Tangible assets

4

2,170,000

2,170,000

CURRENT ASSETS

Debtors

5

6,646

-

Cash at bank

66

5,441

6,712

5,441

CREDITORS

Amounts falling due within one year

6

14,628

9,290

NET CURRENT LIABILITIES

(7,916

)

(3,849

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,162,084

2,166,151

CREDITORS

Amounts falling due after more than one year

7

(1,158,905

)

(1,202,315

)

PROVISIONS FOR LIABILITIES

8

(181,447

)

(181,447

)

NET ASSETS

821,732

782,389

CAPITAL AND RESERVES

Called up share capital

9

9

9

Non distributable reserves

10

595,076

595,076

Retained earnings

10

226,647

187,304

SHAREHOLDERS' FUNDS

821,732

782,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

J Baumgarten - Director

1.	STATUTORY INFORMATION

Lustre Properties Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Fixed assets are initially recorded at 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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 October 2024

and 30 September 2025

2,170,000

NET BOOK VALUE

At 30 September 2025

2,170,000

At 30 September 2024

2,170,000

Cost or valuation at 30 September 2025 is represented by:

Land and

buildings

£

Valuation in 2017

216,615

Valuation in 2023

559,908

Cost

1,393,477

2,170,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

6,646

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

(1

)

-

Taxation and social security

9,229

1,929

Other creditors

5,400

7,361

14,628

9,290

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

1,158,905

1,202,315

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,158,905

1,202,315

8.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

181,447

181,447

Deferred tax

£

Balance at 1 October 2024

181,447

Balance at 30 September 2025

181,447

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

9

Share capital 1

£1

9

9

10.

RESERVES

Non

Retained

distributable

earnings

reserves

Totals

£

£

£

At 1 October 2024

187,304

595,076

782,380

Profit for the year

39,343

39,343

At 30 September 2025

226,647

595,076

821,723