PRESTIGE DESIGN & BUILD (UK) LTD

PRESTIGE DESIGN & BUILD (UK) LTD

PRESTIGE DESIGN & BUILD (UK) LTD - Company Information

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PRESTIGE DESIGN & BUILD (UK) LTD

Company Registration Number:
07718259 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2022

Period of accounts

Start date: 01 June 2021

End date: 31 May 2022

PRESTIGE DESIGN & BUILD (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 May 2022

Balance sheet
Notes

PRESTIGE DESIGN & BUILD (UK) LTD

Balance sheet

As at 31 May 2022


Notes
2022
10 months to 31 May 2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 36,741 6,738
Investments:   0 0
Total fixed assets: 36,741 6,738
Current assets
Stocks: 855,400 894,580
Debtors: 4 24,996 18,131
Cash at bank and in hand: 253,937 286,967
Investments:   0 0
Total current assets: 1,134,333 1,199,678
Creditors: amounts falling due within one year: 5 (472,993) (575,031)
Net current assets (liabilities): 661,340 624,647
Total assets less current liabilities: 698,081 631,385
Creditors: amounts falling due after more than one year: 6 (44,444) (50,000)
Provision for liabilities: 0 0
Total net assets (liabilities): 653,637 581,385
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 653,437 581,185
Shareholders funds: 653,637 581,385

The notes form part of these financial statements

PRESTIGE DESIGN & BUILD (UK) LTD

Balance sheet statements

For the year ending 31 May 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 November 2022
and signed on behalf of the board by:

Name: D MCLOUGHLIN
Status: Director

The notes form part of these financial statements

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

2. Employees

2022 10 months to 31 May 2021
Average number of employees during the period 3 3

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible Assets

Total
Cost £
At 01 June 2021 17,893
Additions 31,318
At 31 May 2022 49,211
Depreciation
At 01 June 2021 11,155
Charge for year 1,315
At 31 May 2022 12,470
Net book value
At 31 May 2022 36,741
At 31 May 2021 6,738

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Debtors

2022 10 months to 31 May 2021
££
Debtors due after more than one year: 0 0

TRADE DEBTORS 14,535,OTHERS 10,461.

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

5. Creditors: amounts falling due within one year note

BANK LOANS 177906,TRADE 116798,TAX ETC 26110,OTHERS 152179.

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

6. Creditors: amounts falling due after more than one year note

BANK LOANS 44444.

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

7. Related party transactions

DURING THE YEAR THE COMPANY ENTERED INTO TRANSACTIONS WITH A COMPANY CONTROLLED BY MR D MCLOUGHLIN.ALL TRANSACTIONS WERE AT ARMS LENGTH AND NO DEBT WAS OWED TO/FROM THE OTHER COMPANY AT THE BALANCE SHEET DATE.