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Company registration number: 05844497
Prestige Venue Limited
Unaudited filleted financial statements
30 June 2023
Prestige Venue Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Prestige Venue Limited
Directors and other information
Directors Mr B Karavadra
Mr L Karavadra
Company number 05844497
Registered office 228 Portland Crescent
Stanmore
Middlesex
HA7 1LS
Accountants Pandit & Associates Limited
Portland House
228 Portland Crescent
Stanmore
Middlesex
HA7 1LS
Prestige Venue Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Prestige Venue Limited
Year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Prestige Venue Limited for the year ended 30 June 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Prestige Venue Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Prestige Venue Limited and state those matters that we have agreed to state to the board of directors of Prestige Venue Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Prestige Venue Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Prestige Venue Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Prestige Venue Limited. You consider that Prestige Venue Limited 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 financial statements of Prestige Venue Limited. 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 financial statements.
Pandit & Associates Limited
Chartered Certified Accountants
Portland House
228 Portland Crescent
Stanmore
Middlesex
HA7 1LS
21 February 2024
Prestige Venue Limited
Statement of financial position
30 June 2023
2023 2022
£ £
Fixed assets 4,000 -
_______ _______
Current assets 80,330 79,887
Creditors: amounts falling due within one year ( 155,972) ( 151,972)
_______ _______
Net current liabilities ( 75,642) ( 72,085)
_______ _______
Total assets less current liabilities ( 71,642) ( 72,085)
Creditors: amounts falling due after more than one year ( 10,192) ( 13,966)
Accruals and deferred income ( 960) ( 1,649)
_______ _______
Net liabilities ( 82,794) ( 87,700)
_______ _______
Capital and reserves ( 82,794) ( 87,700)
_______ _______
Notes to the financial statements
Prestige Venue Limited
Year ended 30 June 2023
1. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Mr B Karavadra ( 109,410) - ( 109,410)
_______ _______ _______
2022
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Mr B Karavadra ( 113,524) 4,114 ( 109,410)
_______ _______ _______
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 21 February 2024 , and are signed on behalf of the board by:
Mr B Karavadra Mr L Karavadra
Director Director
Company registration number: 05844497
The company is a private company limited by shares, registered in England & Wales.