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Company Registration No. 04033996 (England and Wales)
PRAESIDIUM PROPERTY AND TRAVEL LTD Unaudited accounts for the year ended 31 March 2023
PRAESIDIUM PROPERTY AND TRAVEL LTD Unaudited accounts Contents
Page
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PRAESIDIUM PROPERTY AND TRAVEL LTD Company Information for the year ended 31 March 2023
Director
Mr B Donnelly
Secretary
Mrs S Simmons
Company Number
04033996 (England and Wales)
Registered Office
16 Reading Road Wallingford Oxfordshire OX10 9DS England
Accountants
SQK Accountancy Limited 275 Deansgate Manchester North West England M3 4EL
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PRAESIDIUM PROPERTY AND TRAVEL LTD Accountants' report
Accountants' report to the director of PRAESIDIUM PROPERTY AND TRAVEL LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PRAESIDIUM PROPERTY AND TRAVEL LTD for the year ended 31 March 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PRAESIDIUM PROPERTY AND TRAVEL LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PRAESIDIUM PROPERTY AND TRAVEL LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PRAESIDIUM PROPERTY AND TRAVEL LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PRAESIDIUM PROPERTY AND TRAVEL LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PRAESIDIUM PROPERTY AND TRAVEL LTD. You consider that PRAESIDIUM PROPERTY AND TRAVEL LTD 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 accounts of PRAESIDIUM PROPERTY AND TRAVEL LTD. 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 accounts.
SQK Accountancy Limited 275 Deansgate Manchester North West England M3 4EL 30 October 2023
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PRAESIDIUM PROPERTY AND TRAVEL LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
210 
210 
Investments
249,295 
249,295 
249,505 
249,505 
Current assets
Cash at bank and in hand
4,649 
274 
Creditors: amounts falling due within one year
(552)
(549)
Net current assets/(liabilities)
4,097 
(275)
Total assets less current liabilities
253,602 
249,230 
Creditors: amounts falling due after more than one year
(52,363)
(52,363)
Net assets
201,239 
196,867 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
201,139 
196,767 
Shareholders' funds
201,239 
196,867 
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 1 November 2023 and were signed on its behalf by
Mr B Donnelly Director Company Registration No. 04033996
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PRAESIDIUM PROPERTY AND TRAVEL LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PRAESIDIUM PROPERTY AND TRAVEL LTD is a private company, limited by shares, registered in England and Wales, registration number 04033996. The registered office is 16 Reading Road, Wallingford, Oxfordshire, OX10 9DS, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,697 
At 31 March 2023
1,697 
Depreciation
At 1 April 2022
1,487 
At 31 March 2023
1,487 
Net book value
At 31 March 2023
210 
At 31 March 2022
210 
5
Investments
Other investments 
£ 
Valuation at 1 April 2022
249,295 
Valuation at 31 March 2023
249,295 
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PRAESIDIUM PROPERTY AND TRAVEL LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
10 
7 
Loans from directors
542 
542 
552 
549 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
52,363 
52,363 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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