PRN Holdings Limited 6479100 false 2021-03-01 2022-02-28 2022-02-28 The principal activity of the company is a holding company Digita Accounts Production Advanced 6.30.9574.0 true false 6479100 2021-03-01 2022-02-28 6479100 2022-02-28 6479100 core:RetainedEarningsAccumulatedLosses 2022-02-28 6479100 core:ShareCapital 2022-02-28 6479100 core:CurrentFinancialInstruments 2022-02-28 6479100 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 6479100 bus:SmallEntities 2021-03-01 2022-02-28 6479100 bus:AuditExemptWithAccountantsReport 2021-03-01 2022-02-28 6479100 bus:FullAccounts 2021-03-01 2022-02-28 6479100 bus:SmallCompaniesRegimeForAccounts 2021-03-01 2022-02-28 6479100 bus:RegisteredOffice 2021-03-01 2022-02-28 6479100 bus:Director1 2021-03-01 2022-02-28 6479100 bus:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28 6479100 core:Subsidiary1 2021-03-01 2022-02-28 6479100 core:Subsidiary1 1 2021-03-01 2022-02-28 6479100 core:Subsidiary2 2021-03-01 2022-02-28 6479100 core:Subsidiary2 1 2021-03-01 2022-02-28 6479100 countries:UnitedKingdom 2021-03-01 2022-02-28 6479100 core:CostValuation 2021-02-28 6479100 2020-03-01 2021-02-28 6479100 2021-02-28 6479100 core:RetainedEarningsAccumulatedLosses 2021-02-28 6479100 core:ShareCapital 2021-02-28 6479100 core:CurrentFinancialInstruments 2021-02-28 6479100 core:CurrentFinancialInstruments core:WithinOneYear 2021-02-28 6479100 core:Subsidiary1 1 2020-03-01 2021-02-28 6479100 core:Subsidiary2 1 2020-03-01 2021-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 6479100

PRN Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2022

 

PRN Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

PRN Holdings Limited

(Registration number: 6479100)
Balance Sheet as at 28 February 2022

Note

2022
£

2021
£

Fixed assets

 

Investments

4

4

4

Current assets

 

Debtors

5

2

31,521

Cash at bank and in hand

 

9

55

 

11

31,576

Creditors: Amounts falling due within one year

6

-

(213)

Net current assets

 

11

31,363

Net assets

 

15

31,367

Capital and reserves

 

Called up share capital

7

3

3

Profit and loss account

12

31,364

Shareholders' funds

 

15

31,367

For the financial year ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 6 September 2022 and signed on its behalf by:
 

.........................................
Mr M D Read
Director

 

PRN Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Suite 2 Healey House
Dene Road
Andover
Hampshire
SP10 2AA

These financial statements were authorised for issue by the Board on 6 September 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts..

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

PRN Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2021 - 0).

4

Investments

2022
£

2021
£

Investments in subsidiaries

4

4

Subsidiaries

£

Cost or valuation

At 1 March 2021

4

Provision

Carrying amount

At 28 February 2022

4

At 28 February 2021

4

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2022

2021

Subsidiary undertakings

Eaglecrown Associates Limited

Suite 2, Healey House, Dene Road, Andover, Hampshire, SP10 2AA

Ordinary

100%

100%

PRN Clinical Services Limited

Suite 2, Healey House, Dene Road, Andover, Hampshire, SP10 2AA

Ordinary

100%

100%

5

Debtors

2022
£

2021
£

Other debtors

2

31,521

2

31,521

 

PRN Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022

6

Creditors

Creditors: amounts falling due within one year

2022
£

2021
£

Due within one year

Taxation and social security

-

213

7

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary A Shares of £1 each

1

1

1

1

Ordinary Shares of £1 each

2

2

2

2

 

3

3

3

3