Silverfin false 31/05/2023 01/06/2022 31/05/2023 Catherine Annie Pease 15/05/2009 Jessica Reynolds 15/05/2009 Tatiana Von Preussen 15/05/2009 06 November 2023 The principal activity of the Company during the financial year was architecture. 06906627 2023-05-31 06906627 bus:Director1 2023-05-31 06906627 bus:Director2 2023-05-31 06906627 bus:Director3 2023-05-31 06906627 2022-05-31 06906627 core:CurrentFinancialInstruments 2023-05-31 06906627 core:CurrentFinancialInstruments 2022-05-31 06906627 core:ShareCapital 2023-05-31 06906627 core:ShareCapital 2022-05-31 06906627 core:RetainedEarningsAccumulatedLosses 2023-05-31 06906627 core:RetainedEarningsAccumulatedLosses 2022-05-31 06906627 core:OtherPropertyPlantEquipment 2022-05-31 06906627 core:OtherPropertyPlantEquipment 2023-05-31 06906627 bus:OrdinaryShareClass1 2023-05-31 06906627 bus:OrdinaryShareClass2 2023-05-31 06906627 bus:OrdinaryShareClass3 2023-05-31 06906627 bus:OrdinaryShareClass4 2023-05-31 06906627 2022-06-01 2023-05-31 06906627 bus:FullAccounts 2022-06-01 2023-05-31 06906627 bus:SmallEntities 2022-06-01 2023-05-31 06906627 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 06906627 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 06906627 bus:Director1 2022-06-01 2023-05-31 06906627 bus:Director2 2022-06-01 2023-05-31 06906627 bus:Director3 2022-06-01 2023-05-31 06906627 core:OtherPropertyPlantEquipment core:BottomRangeValue 2022-06-01 2023-05-31 06906627 core:OtherPropertyPlantEquipment core:TopRangeValue 2022-06-01 2023-05-31 06906627 2021-06-01 2022-05-31 06906627 core:OtherPropertyPlantEquipment 2022-06-01 2023-05-31 06906627 core:CurrentFinancialInstruments 2022-06-01 2023-05-31 06906627 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 06906627 bus:OrdinaryShareClass1 2021-06-01 2022-05-31 06906627 bus:OrdinaryShareClass2 2022-06-01 2023-05-31 06906627 bus:OrdinaryShareClass2 2021-06-01 2022-05-31 06906627 bus:OrdinaryShareClass3 2022-06-01 2023-05-31 06906627 bus:OrdinaryShareClass3 2021-06-01 2022-05-31 06906627 bus:OrdinaryShareClass4 2022-06-01 2023-05-31 06906627 bus:OrdinaryShareClass4 2021-06-01 2022-05-31 06906627 1 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06906627 (England and Wales)

VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

COMPANY INFORMATION

For the financial year ended 31 May 2023
VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 May 2023
DIRECTORS Catherine Annie Pease
Jessica Reynolds
Tatiana Von Preussen
REGISTERED OFFICE 22 Prince Of Wales Road
London
NW5 3LG
England
United Kingdom
COMPANY NUMBER 06906627 (England and Wales)
ACCOUNTANT Praxis
1 Poultry
London
EC2R 8EJ
United Kingdom
VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

BALANCE SHEET

As at 31 May 2023
VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 17,146 21,299
17,146 21,299
Current assets
Debtors 4 53,656 123,548
Cash at bank and in hand 5 39,636 132,261
93,292 255,809
Creditors: amounts falling due within one year 6 ( 88,452) ( 170,865)
Net current assets 4,840 84,944
Total assets less current liabilities 21,986 106,243
Net assets 21,986 106,243
Capital and reserves
Called-up share capital 7 1,002 1,002
Profit and loss account 20,984 105,241
Total shareholders' funds 21,986 106,243

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Von Preussen Pease Reynolds Architects Limited (registered number: 06906627) were approved and authorised for issue by the Board of Directors on 06 November 2023. They were signed on its behalf by:

Tatiana Von Preussen
Director
VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
VON PREUSSEN PEASE REYNOLDS ARCHITECTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Von Preussen Pease Reynolds Architects Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Prince Of Wales Road, London, NW5 3LG, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Where the outcome of a long term contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the Balance Sheet date. This is normally measured by the proportion that contract costs incurred for work performed to date bear to the estimated total contract costs, except where this would not be representative of the stage of completion. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 3 - 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

The Company as lessor
Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 13 11

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 June 2022 87,032 87,032
Additions 8,484 8,484
At 31 May 2023 95,516 95,516
Accumulated depreciation
At 01 June 2022 65,733 65,733
Charge for the financial year 12,637 12,637
At 31 May 2023 78,370 78,370
Net book value
At 31 May 2023 17,146 17,146
At 31 May 2022 21,299 21,299

4. Debtors

2023 2022
£ £
Trade debtors 36,502 102,581
Other debtors 17,154 20,967
53,656 123,548

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 39,636 132,261

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 12,743 15,947
Taxation and social security 34,984 63,423
Other creditors 40,725 91,495
88,452 170,865

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
999 Ordinary shares of £ 1.00 each 999 999
1 A ordinary share of £ 1.00 1 1
1 B ordinary share of £ 1.00 1 1
1 C ordinary share of £ 1.00 1 1
1,002 1,002

8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

2023 2022
£ £
Unpaid contributions due to the fund (inc. in other creditors) 1,267 1,778

9. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Interest free loan to the company 54 174
Dividends paid to directors 89,106 100,518

10. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the Company since the financial year.