Prestige Porerty Developments Limited - Accounts to registrar - small 17.2
Prestige Porerty Developments Limited - Accounts to registrar - small 17.2
Prestige Porerty Developments Limited |
Financial Statements for the Year Ended 30 September 2016 |
Prestige Porerty Developments Limited |
Company Information |
for the Year Ended 30 September 2016 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Radnor House |
Greenwood Close |
Cardiff Gate Business Park |
Cardiff |
CF23 8AA |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Prestige Porerty Developments Limited |
The following reproduces the text of the report prepared for the directors and members in |
respect of the company's annual unaudited financial statements. In accordance with the |
Companies Act 2006, the company is only required to file a Balance Sheet. Readers are |
cautioned that the Income Statement and certain other primary statements and the Report |
of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for |
your approval the financial statements of Prestige Porerty Developments Limited for the year |
ended 30 September 2016 which comprise the Income Statement, Balance Sheet and the related |
notes from the company's accounting records and from information and explanations you have |
given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Prestige Porerty Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Prestige Porerty Developments Limited and state those matters that we have agreed to state to the Board of Directors of Prestige Porerty Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Prestige Porerty Developments Limited Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Prestige Porerty Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Prestige Porerty Developments Limited. You consider that Prestige Porerty Developments Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Prestige Porerty Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Prestige Porerty Developments Limited (Registered number: 09240983) |
Balance Sheet |
30 September 2016 |
2016 | 2015 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors | 3 |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
Prestige Porerty Developments Limited (Registered number: 09240983) |
Balance Sheet - continued |
30 September 2016 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on signed on its behalf by: |
Prestige Porerty Developments Limited (Registered number: 09240983) |
Notes to the Financial Statements |
for the Year Ended 30 September 2016 |
1. | STATUTORY INFORMATION |
Prestige Porerty Developments Limited is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
Stocks and work in progress |
Stock and Work in Progress is valued at the lower of cost and net realisable value. |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Other debtors & prepayments |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Taxes & social security costs |
Other creditors & accruals |
Prestige Porerty Developments Limited (Registered number: 09240983) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2016 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the year ended |
30 September 2016 and the period ended 30 September 2015: |
2016 | 2015 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
The Directors account was repaid in April 2017 |