Company registration number 06511435 (England and Wales)
PRESTIGE LOGIC LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
PRESTIGE LOGIC LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PRESTIGE LOGIC LTD
BALANCE SHEET
AS AT
27 FEBRUARY 2023
27 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Tangible assets
2
16,105
6,615
Current assets
Debtors
3
79,665
115,100
Cash at bank and in hand
203,274
115,788
282,939
230,888
Creditors: amounts falling due within one year
4
(162,126)
(174,983)
Net current assets
120,813
55,905
Total assets less current liabilities
136,918
62,520
Creditors: amounts falling due after more than one year
5
(32,272)
(42,645)
Provisions for liabilities
(3,060)
(1,257)
Net assets
101,586
18,618
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss reserves
100,586
17,618
Total equity
101,586
18,618

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 27 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 15 November 2023
Mr R Snelson
Director
PRESTIGE LOGIC LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2023
27 February 2023
- 2 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
6
5
2
Tangible fixed assets
Leasehold improvements
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 28 February 2022
4,725
4,077
42,187
28,653
79,642
Additions
-
0
-
0
14,696
-
0
14,696
Disposals
-
0
-
0
(166)
-
0
(166)
At 27 February 2023
4,725
4,077
56,717
28,653
94,172
Depreciation and impairment
At 28 February 2022
2,537
2,292
39,545
28,653
73,027
Depreciation charged in the year
328
659
4,213
-
0
5,200
Eliminated in respect of disposals
-
0
-
0
(160)
-
0
(160)
At 27 February 2023
2,865
2,951
43,598
28,653
78,067
Carrying amount
At 27 February 2023
1,860
1,126
13,119
-
0
16,105
At 27 February 2022
2,188
1,785
2,642
-
0
6,615
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
61,646
29,588
Other debtors
18,019
85,512
79,665
115,100
PRESTIGE LOGIC LTD
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2023
27 February 2023
- 3 -
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
77,655
22,367
Amounts owed to group undertakings
-
0
85,512
Taxation and social security
53,734
39,875
Other creditors
30,737
27,229
162,126
174,983
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
32,272
42,645
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
1,000 Ordinary shares of £1 each
1,000
1,000
2023-02-272022-02-28false15 November 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityMr R Snelson065114352022-02-282023-02-27065114352023-02-27065114352022-02-2706511435core:LeaseholdImprovements2023-02-2706511435core:FurnitureFittings2023-02-2706511435core:ComputerEquipment2023-02-2706511435core:MotorVehicles2023-02-2706511435core:LeaseholdImprovements2022-02-2706511435core:FurnitureFittings2022-02-2706511435core:ComputerEquipment2022-02-2706511435core:MotorVehicles2022-02-2706511435core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2706511435core:CurrentFinancialInstrumentscore:WithinOneYear2022-02-2706511435core:Non-currentFinancialInstrumentscore:AfterOneYear2023-02-2706511435core:Non-currentFinancialInstrumentscore:AfterOneYear2022-02-2706511435core:CurrentFinancialInstruments2023-02-2706511435core:CurrentFinancialInstruments2022-02-2706511435core:ShareCapital2023-02-2706511435core:ShareCapital2022-02-2706511435core:RetainedEarningsAccumulatedLosses2023-02-2706511435core:RetainedEarningsAccumulatedLosses2022-02-2706511435bus:Director12022-02-282023-02-27065114352021-02-282022-02-2706511435core:LeaseholdImprovements2022-02-2706511435core:FurnitureFittings2022-02-2706511435core:ComputerEquipment2022-02-2706511435core:MotorVehicles2022-02-27065114352022-02-2706511435core:LeaseholdImprovements2022-02-282023-02-2706511435core:FurnitureFittings2022-02-282023-02-2706511435core:ComputerEquipment2022-02-282023-02-2706511435core:MotorVehicles2022-02-282023-02-2706511435core:WithinOneYear2023-02-2706511435core:WithinOneYear2022-02-2706511435core:Non-currentFinancialInstruments2023-02-2706511435core:Non-currentFinancialInstruments2022-02-2706511435bus:PrivateLimitedCompanyLtd2022-02-282023-02-2706511435bus:SmallCompaniesRegimeForAccounts2022-02-282023-02-2706511435bus:FRS1022022-02-282023-02-2706511435bus:AuditExemptWithAccountantsReport2022-02-282023-02-2706511435bus:FullAccounts2022-02-282023-02-27xbrli:purexbrli:sharesiso4217:GBP