Luton Labour Properties Limited

Registered number

00257878

Unaudited Filleted Accounts

For the year ended 31 October 2025

Luton Labour Properties Limited
Registered number:		00257878
Balance Sheet
as at 31 October 2025

Notes			2025		2024
£				£
Fixed assets
Tangible assets	4		220,000		220,000


Net current assets			-		-

Total assets less current liabilities			220,000		220,000

Creditors: amounts falling due after more than one year	5		(26,070)		(25,530)

Provisions for liabilities			(40,619)		(40,619)


Net assets			153,311		153,851

Capital and reserves
Called up share capital			37		37
Retained earnings			153,274		153,814

Shareholders' funds			153,311		153,851

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R. Cartwright
Director
Approved by the board on 28 July 2026

Luton Labour Properties Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	The investment property is held for capital appreciation and not for use by the company and so is carried at fair value. The surplus or deficit arising from the annual valuation is recognised in the income statement.


2	Critical accounting judgements and key sources of estimation uncertainty

	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical accounting estimate included within the financial statements is the valuation of the investment property at fair value.


3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0


4	Investment Property
						Land and buildings
£
	Fair Value
	At 1 November 2024					220,000
	At 31 October 2025					220,000


	Net book value
	At 31 October 2025					220,000
	At 31 October 2024					220,000


	Freehold land and buildings:			2025		2024
£					£
	Historical cost			18,071		18,071
				18,071		18,071

	The investment property was valued on an open market basis on 31 October 2024 by the directors.


5	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors			26,070		25,530


6	Provisions for Liabilities			2025		2024
£					£
	Deferred Tax			40,619		40,619

						Deferred Tax
£
	At 1 November 2024					40,619
	At 31 October 2025					40,619


7	Related party transactions

	No one entity has control or ultimate control over the company. In addition to the use of the property rent free, included within creditors is an amount of £25,530 (2024 - £25,530) due to various Luton Labour Parties. No interest has been charged on this balance during the year (2024 - £nil) and there are no set repayment terms in place. The company has given guarantees to a maximum of £10,000 to the Luton Labour Parties.


8	Reserves
		Distributable		Non-distributable		Total
£			£		£
	At 1 November 2024	(7,496)		161,310		153,814	-
	Surplus/(Deficit) for the year	(540)		-		(540)
	Transfers	-		-		-
	At 31 October 2025	(8,036)		161,310		153,274	-


9	Other information

	Luton Labour Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Oxford Hall
	3 Union Street
	Luton
	LU1 3AN