Prestwood Freeholds Limited,Ltd - AccountsLtd - Accounts

Prestwood Freeholds Limited,Ltd - AccountsLtd - Accounts

PRESTWOOD FREEHOLDS LIMITED - Company Information

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2017-01-01 04326915 2017-12-31 04326915 2017-01-01 2017-12-31 04326915 2016-12-31 04326915 2016-01-01 2016-12-31 04326915 uk-core:WithinOneYear 2016-12-31 04326915 uk-core:WithinOneYear 2017-12-31 04326915 uk-core:ShareCapital 2017-12-31 04326915 uk-core:ShareCapital 2016-12-31 04326915 uk-core:SharePremium 2017-12-31 04326915 uk-core:SharePremium 2016-12-31 04326915 uk-core:RetainedEarningsAccumulatedLosses 2017-12-31 04326915 uk-core:RetainedEarningsAccumulatedLosses 2016-12-31 04326915 uk-bus:Director1 2017-01-01 2017-12-31 iso4217:GBP 04326915 uk-bus:AuditExemptWithAccountantsReport 2017-01-01 2017-12-31 04326915 uk-bus:FRS102 2017-01-01 2017-12-31 04326915 uk-bus:FullAccounts 2017-01-01 2017-12-31 04326915 uk-bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31
Prestwood Freeholds Limited
Registered Number:04326915
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2017
Prestwood Freeholds Limited
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
As at 31 December 2017
Prestwood Freeholds Limited
Statement of Financial Position
Registered Number :
04326915
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
291,069
291,069
2
291,069
291,069
Current assets
51,665
Cash and cash equivalents
52,858
52,858
51,665
Trade and other payables: amounts falling due within one
year
(1,299)
(1,291)
3
50,366
51,567
Net current assets
Total assets less current liabilities
342,636
341,435
342,636
Net assets
341,435
Capital and reserves
Called up share capital
53
53
Share premium account
325,752
325,752
Retained earnings
16,831
15,630
342,636
341,435
Shareholders' funds
For the year ended 31 December 2017 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 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.
Ms K Gannon Director
These financial statements were approved and authorised for issue by the Board on 24 March 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2017
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 2017
291,069
At 31 December 2017
291,069
At 31 December 2017
Net book value
291,069
At 31 December 2016
291,069
3. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
286
294
Other creditors
1,005
1,005
1,291
1,299
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