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Prestige Lifestyle Ltd
Registered Number:14291416
For the period ended 31 August 2023
England and Wales
Unaudited Financial Statements
2
For the period ended 31 August 2023
Prestige Lifestyle Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
14291416
As at 31 August 2023
Prestige Lifestyle Ltd
Statement of Financial Position
£
2023
Notes
Current assets
Inventories
16,945
2
Trade and other receivables
26,802
3
Cash and cash equivalents
84
43,831
Trade and other payables: amounts falling due within one
year
(31,121)
4
12,710
Net current assets
Total assets less current liabilities
12,710
Trade and other payables: amounts falling due after more
than one year
(1,519)
5
11,191
Net assets/liabilities
Capital and reserves
Called up share capital
1
Retained earnings
11,190
11,191
Shareholders' funds
For the period ended 31 August 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 of its financial statements for the period ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr James Turner-Small Director
These financial statements were approved and authorised for issue by the Board on 08 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the period ended 31 August 2023
Prestige Lifestyle Ltd
Notes to the Financial Statements
Statutory Information
Prestige Lifestyle Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 14291416.
Registered address:
71-75 Shelton Street
London
WC2H 9JQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Inventories
2023
£
Stocks
16,945
3. Trade and other receivables
2023
£
Trade debtors
1,548
Other debtors
25,254
26,802
4. Trade and other payables: amounts falling due within one year
2023
£
Bank loans and overdraft
5,383
Trade creditors
914
Taxation and social security
5,299
Other creditors
19,525
31,121
2 of 3
5
For the period ended 31 August 2023
Prestige Lifestyle Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
£
Bank loans and overdraft
1,519
6. Average number of persons employed
During the year the average number of employees was 0
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