Company Registration No. 07725683 (England and Wales)
Prestel & Partner Ltd
Unaudited accounts
for the year ended 31 December 2022
Prestel & Partner Ltd
Unaudited accounts
Contents
Prestel & Partner Ltd
Company Information
for the year ended 31 December 2022
Directors
Katja Muelheim
Tobias Prestel
Company Number
07725683 (England and Wales)
Registered Office
78 YORK STREET
LONDON
LONDON
W1H 1DP
Prestel & Partner Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
482,219
366,476
Creditors: amounts falling due within one year
(327,150)
(280,326)
Net current assets
312,910
104,739
Net assets
312,910
104,739
Called up share capital
1,000
1,000
Profit and loss account
311,910
103,739
Shareholders' funds
312,910
104,739
For the year ending 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
Katja Muelheim
Director
Company Registration No. 07725683
Prestel & Partner Ltd
Notes to the Accounts
for the year ended 31 December 2022
Prestel & Partner Ltd is a private company, limited by shares, registered in England and Wales, registration number 07725683. The registered office is 78 YORK STREET, LONDON, LONDON, W1H 1DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Fixed Rate 5 Years
Computer equipment
Fixed Rate 3 Years
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
1,394
14,987
16,381
At 31 December 2022
1,394
14,987
16,381
At 1 January 2022
1,394
14,987
16,381
At 31 December 2022
1,394
14,987
16,381
Amounts falling due within one year
Trade debtors
119,177
12,269
Accrued income and prepayments
36,534
5,875
Prestel & Partner Ltd
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
36,244
62,769
Trade creditors
32,730
7,730
Taxes and social security
96,986
36,527
Other creditors
16,251
15,220
Deferred income
144,939
158,080
Prestel and Partner International Ltd own 100% ordinary GBP10 shares in Prestel and Partner UK Ltd. This comprises 100% ownership of the investment.
Parent Company
Prestel and Partner International Ltd
Anson Court
La Route des Camps
St Martin
Guernsey
GY4 6AD
8
Average number of employees
During the year the average number of employees was 5 (2021: 5).