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 2021

Period of accounts

Start date: 01 August 2020

End date: 31 May 2021

PRESTIGE DESIGN & BUILD (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 May 2021

Balance sheet
Notes

PRESTIGE DESIGN & BUILD (UK) LTD

Balance sheet

As at 31 May 2021


Notes
10 months to 31 May 2021
2020


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,738 7,938
Investments:   0 0
Total fixed assets: 6,738 7,938
Current assets
Stocks: 894,580 2,001,500
Debtors: 4 18,131 8,185
Cash at bank and in hand: 286,967 42,907
Investments:   0 0
Total current assets: 1,199,678 2,052,592
Creditors: amounts falling due within one year: 5 (575,031) (1,566,632)
Net current assets (liabilities): 624,647 485,960
Total assets less current liabilities: 631,385 493,898
Creditors: amounts falling due after more than one year: 6 (50,000) (50,000)
Provision for liabilities: 0 0
Total net assets (liabilities): 581,385 443,898
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 581,185 443,698
Shareholders funds: 581,385 443,898

The notes form part of these financial statements

PRESTIGE DESIGN & BUILD (UK) LTD

Balance sheet statements

For the year ending 31 May 2021 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 08 December 2021
and signed on behalf of the board by:

Name: D MCLOUGHLIN and P 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 2021

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 2021

2. Employees

10 months to 31 May 2021 2020
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 2021

3. Tangible Assets

Total
Cost £
At 01 August 2020 17,893
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2021 17,893
Depreciation
At 01 August 2020 9,955
Charge for year 1,200
At 31 May 2021 11,155
Net book value
At 31 May 2021 6,738
At 31 July 2020 7,938

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2021

4. Debtors

10 months to 31 May 2021 2020
££
Debtors due after more than one year: 0 0

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2021

5. Creditors: amounts falling due within one year note

Trade, £149069.Tax etc £44030.Others £381932.

PRESTIGE DESIGN & BUILD (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2021

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

Bank loans £50,000.