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

REGISTERED NUMBER: 05540234 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021

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

1,571

4,590

CREDITORS

Amounts falling due within one year

5

2,991

6,207

NET CURRENT LIABILITIES

(1,420

)

(1,617

)

TOTAL ASSETS LESS CURRENT LIABILITIES

240,122

239,925

CREDITORS

Amounts falling due after more than one year

6

216,666

218,852

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

23,356

20,973

SHAREHOLDERS' FUNDS

23,456

21,073

240,122

239,925

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 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 21 June 2021 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 (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2020

and 30 April 2021

241,542

NET BOOK VALUE

At 30 April 2021

241,542

At 30 April 2020

241,542

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

William Marshall & Co Ltd

2,170

2,528

Payments on account

-

3,000

Corporation tax

321

179

VAT

500

500

2,991

6,207

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

William Marshall & Co Ltd

216,666

218,852

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

100

Ordinary

£1.00

100

100

8.

RESERVES

Retained

earnings

£

At 1 May 2020

20,973

Profit for the year

2,383

At 30 April 2021

23,356

9.	ULTIMATE CONTROLLING PARTY

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