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Company Registration No. 12463555 (England and Wales)
PRESS PROPERTY LIMITED Unaudited accounts for the year ended 28 February 2023
PRESS PROPERTY LIMITED Unaudited accounts Contents
Page
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PRESS PROPERTY LIMITED Company Information for the year ended 28 February 2023
Director
Jonathan Stephen Butler
Company Number
12463555 (England and Wales)
Registered Office
TITHE BARN WINDSOR LANE LITTLE KINGSHILL BUCKINGHAMSHIRE HP16 0DZ UNITED KINGDOM
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PRESS PROPERTY LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,478 
1,847 
Current assets
Debtors
4,812 
4,827 
Cash at bank and in hand
1,023 
8,683 
5,835 
13,510 
Creditors: amounts falling due within one year
(8,882)
(24,382)
Net current liabilities
(3,047)
(10,872)
Net liabilities
(1,569)
(9,025)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,669)
(9,125)
Shareholders' funds
(1,569)
(9,025)
For the year ending 28 February 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 25 November 2023 and were signed on its behalf by
Jonathan Stephen Butler Director Company Registration No. 12463555
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PRESS PROPERTY LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
PRESS PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12463555. The registered office is TITHE BARN, WINDSOR LANE, LITTLE KINGSHILL, BUCKINGHAMSHIRE, HP16 0DZ, UNITED KINGDOM.
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:
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2022
2,573 
At 28 February 2023
2,573 
Depreciation
At 1 March 2022
726 
Charge for the year
369 
At 28 February 2023
1,095 
Net book value
At 28 February 2023
1,478 
At 28 February 2022
1,847 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
1,846 
1,846 
Other debtors
2,966 
2,981 
4,812 
4,827 
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PRESS PROPERTY LIMITED Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
8,882 
24,382 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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