Saint Andrews Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05962404 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Saint Andrews Properties Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Christodoulou

SECRETARY:

REGISTERED OFFICE:

62 Holloway Road

London

N7 8JL

REGISTERED NUMBER:

05962404 (England and Wales)

ACCOUNTANTS:

Lakis & Co

Accountants

92 Powys Lane

Palmers Green

London

N13 4HR

FIXED ASSETS

Property, plant and equipment

4

1,172

1,465

Investment property

5

1,080,916

1,082,088

1,082,381

CURRENT ASSETS

Debtors

6

1,604

8,985

Cash at bank

19,710

12,593

21,314

21,578

CREDITORS

Amounts falling due within one year

7

64,181

65,538

NET CURRENT LIABILITIES

(42,867

)

(43,960

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,039,221

1,038,421

CREDITORS

Amounts falling due after more than one
year

8

(816,193

)

(827,944

)

PROVISIONS FOR LIABILITIES

(28,655

)

(28,655

)

NET ASSETS

194,373

181,822

CAPITAL AND RESERVES

Called up share capital

99

Retained earnings

10

194,274

181,723

SHAREHOLDERS' FUNDS

194,373

181,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25 July 2026 and were signed by:

Mr A Christodoulou - Director

1.	STATUTORY INFORMATION

Saint Andrews Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

2,930

DEPRECIATION

At 1 November 2024

1,465

Charge for year

293

At 31 October 2025

1,758

NET BOOK VALUE

At 31 October 2025

1,172

At 31 October 2024

1,465

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

1,080,916

NET BOOK VALUE

At 31 October 2025

1,080,916

At 31 October 2024

1,080,916

Fair value at 31 October 2025 is represented by:

£

Valuation in 2018

150,817

Cost

930,099

1,080,916

If investment properties had not been revalued they would have been included at the following historical cost:

31.10.25

31.10.24

£

Cost

930,099

Investment properties were valued on an open market basis on 31 October 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

1,604

8,985

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Taxation and social security

3,013

1,985

Other creditors

61,168

63,553

64,181

65,538

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans

515,984

527,735

Other creditors

300,209

816,193

827,944

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

300,209

Repayable by instalments

Bank loans more 5 yr by instal

515,984

527,735

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

Bank loans

515,984

527,735

10.

RESERVES

Retained

earnings

£

At 1 November 2024

181,723

Profit for the year

12,551

At 31 October 2025

194,274

Retained earnings are comprised of the following:

Distributable reserves £72,112 (£59,591 in 2024)

Non distributable reserves £122,162 (£122,162 in 2024)