Company Registration No. 07264227 (England and Wales)
PRESTIGE LATE NIGHT LIMITED
Unaudited accounts
for the year ended 30 April 2023
PRESTIGE LATE NIGHT LIMITED
Unaudited accounts
Contents
PRESTIGE LATE NIGHT LIMITED
Company Information
for the year ended 30 April 2023
Directors
Saadiya Afsheen
Imran Nazir
Company Number
07264227 (England and Wales)
Registered Office
36B COLNE ROAD
BURNLEY
LANCASHIRE
BB10 1LG
PRESTIGE LATE NIGHT LIMITED
Statement of financial position
as at 30 April 2023
Tangible assets
19,914
8,991
Cash at bank and in hand
90,082
247,462
Creditors: amounts falling due within one year
(260,745)
(308,004)
Net current assets
102,031
109,147
Total assets less current liabilities
121,945
118,138
Provisions for liabilities
Other provisions
(3,784)
(1,708)
Net assets
118,161
116,430
Called up share capital
300
300
Profit and loss account
117,861
116,130
Shareholders' funds
118,161
116,430
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 26 January 2024 and were signed on its behalf by
Saadiya Afsheen
Director
Company Registration No. 07264227
PRESTIGE LATE NIGHT LIMITED
Notes to the Accounts
for the year ended 30 April 2023
PRESTIGE LATE NIGHT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07264227. The registered office is 36B COLNE ROAD, BURNLEY, LANCASHIRE, BB10 1LG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2022
9,070
44,539
53,609
At 30 April 2023
24,876
44,539
69,415
At 1 May 2022
8,389
36,229
44,618
Charge for the year
2,805
2,078
4,883
At 30 April 2023
11,194
38,307
49,501
At 30 April 2023
13,682
6,232
19,914
At 30 April 2022
681
8,310
8,991
PRESTIGE LATE NIGHT LIMITED
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Trade debtors
124,695
92,184
Amounts due from group undertakings etc.
80,000
-
Accrued income and prepayments
-
5,331
Other debtors
15,411
18,185
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,090
-
Trade creditors
209,538
163,685
Taxes and social security
5,383
7,283
Other creditors
32,934
32,397
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Average number of employees
During the year the average number of employees was 20 (2022: 19).