Prestwood Freeholds Limited,Ltd - AccountsLtd - Accounts

Prestwood Freeholds Limited,Ltd - AccountsLtd - Accounts

PRESTWOOD FREEHOLDS LIMITED - Company Information

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2022-01-01 04326915 2022-12-31 04326915 2022-01-01 2022-12-31 04326915 2021-12-31 04326915 2021-01-01 2021-12-31 04326915 uk-core:WithinOneYear 2021-12-31 04326915 uk-core:WithinOneYear 2022-12-31 04326915 uk-core:ShareCapital 2022-12-31 04326915 uk-core:ShareCapital 2021-12-31 04326915 uk-core:SharePremium 2022-12-31 04326915 uk-core:SharePremium 2021-12-31 04326915 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 04326915 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 04326915 uk-bus:Director1 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure 04326915 uk-bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 04326915 uk-bus:FRS102 2022-01-01 2022-12-31 04326915 uk-bus:FullAccounts 2022-01-01 2022-12-31 04326915 uk-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31
Draft
Prestwood Freeholds Limited
Registered Number:04326915
For the year ended 31 December 2022
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2022
Prestwood Freeholds Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
04326915
As at 31 December 2022
Prestwood Freeholds Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
291,069
291,069
2
291,069
291,069
Current assets
Trade and other receivables
650
-
3
57,266
Cash and cash equivalents
59,453
59,453
57,916
Trade and other payables: amounts falling due within one
year
(1,313)
(1,606)
4
56,603
57,847
Net current assets
Total assets less current liabilities
348,916
347,672
348,916
Net assets
347,672
Capital and reserves
Called up share capital
53
53
Share premium account
325,752
325,752
Retained earnings
23,111
21,867
348,916
347,672
Shareholders' funds
For the year ended 31 December 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms K Gannon Director
These financial statements were approved and authorised for issue by the Board on 27 February 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 December 2022
Prestwood Freeholds Limited
Notes to the Financial Statements
Statutory Information
Prestwood Freeholds Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04326915.
Registered address:
10 Champneys
Upper Hitch
Carpenders Park
Watford
WD19 5JA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Property, plant and equipment
Land and
buildings
£
Cost or
valuation
At 01 January 2022
291,069
At 31 December 2022
291,069
At 31 December 2022
Net book value
291,069
At 31 December 2021
291,069
3. Trade and other receivables
2021
2022
£
£
Other debtors
-
650
2 of 3
5
Draft
For the year ended 31 December 2022
Prestwood Freeholds Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Trade creditors
1
-
Taxation and social security
574
282
Other creditors
1,031
1,031
1,606
1,313
5. Average number of persons employed
During the year the average number of employees was 0
3 of 3