Preseli Estates Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05540234 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2020

FOR

PRESELI ESTATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C W F Marshall BA (Hons) MA

C G F Marshall AFA

SECRETARY:

C W F Marshall BA (Hons) MA

REGISTERED OFFICE:

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

REGISTERED NUMBER:

05540234 (England and Wales)

ACCOUNTANTS:

William Marshall & Co

Incorporated Financial Accountants

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

FIXED ASSETS

Tangible assets

4

241,542

241,542

CURRENT ASSETS

Cash at bank

4,590

917

CREDITORS

Amounts falling due within one year

5

6,207

2,964

NET CURRENT LIABILITIES

(1,617

)

(2,047

)

TOTAL ASSETS LESS CURRENT LIABILITIES

239,925

239,495

CREDITORS

Amounts falling due after more than one year

6

218,852

221,380

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

20,973

18,015

SHAREHOLDERS' FUNDS

21,073

18,115

239,925

239,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 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 18 June 2020 and were signed on its behalf by:

C W F Marshall BA (Hons) MA - Director

C G F Marshall AFA - Director

1.	STATUTORY INFORMATION

Preseli Estates 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2019

and 30 April 2020

241,542

NET BOOK VALUE

At 30 April 2020

241,542

At 30 April 2019

241,542

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

William Marshall & Co Ltd

2,528

2,464

Payments on account

3,000

-

Corporation tax

179

-

VAT

500

500

6,207

2,964

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

William Marshall & Co Ltd

218,852

221,380

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

100

Ordinary

£1.00

100

100

8.

RESERVES

Retained

earnings

£

At 1 May 2019

18,015

Profit for the year

2,958

At 30 April 2020

20,973

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C W F Marshall BA (Hons) MA.