Structon Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08496548 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

FOR

STRUCTON LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C E Josefovitz

M Rothbart

A Oestreicher

REGISTERED OFFICE:

Unit 4

70-72 Markfield Road

London

N15 4QF

REGISTERED NUMBER:

08496548 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

5

2,654,634

1,039,370

CURRENT ASSETS

Debtors

6

214,956

Cash at bank

5,026

34,425

219,982

249,381

CREDITORS

Amounts falling due within one year

7

(1,937,919

)

(374,011

)

NET CURRENT LIABILITIES

(1,717,937

)

(124,630

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

936,697

914,740

CREDITORS

Amounts falling due after more than one
year

8

(737,408

)

(758,020

)

NET ASSETS

199,289

156,720

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

9

199,189

156,620

SHAREHOLDERS' FUNDS

199,289

156,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 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 and authorized for issue by the Board of Directors and authorised for issue on 24 January 2022 and were signed on its behalf by:

C E Josefovitz - Director

1.	STATUTORY INFORMATION

Structon Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2020

1,039,370

Additions

1,615,264

At 30 April 2021

2,654,634

NET BOOK VALUE

At 30 April 2021

2,654,634

At 30 April 2020

1,039,370

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

Trade debtors

1,305

Other debtors

213,651

214,956

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

Trade creditors

6,853

6,855

Taxation and social security

28,470

37,070

Other creditors

1,902,596

330,086

1,937,919

374,011

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.21

30.4.20

£

Bank loans

737,408

758,020

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

737,408

758,020

9.

RESERVES

Retained

earnings

£

At 1 May 2020

156,620

Profit for the year

42,569

At 30 April 2021

199,189

Structon Ltd - Accounts to registrar (filleted) - small 18.2

Structon Ltd - Accounts to registrar (filleted) - small 18.2