Prestige Electrical And Data Services Limited |
Registered Number:04927148 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
Prestige Electrical And Data Services Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Prestige Electrical And Data Services Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
245
327
2
245
327
Trade and other receivables |
43,489
25,036
3
17,951
Cash and cash equivalents |
39,754
64,790
61,440
Trade and other payables: amounts falling due within one |
year |
(18,161)
(26,366)
4
43,279
38,424
Net current assets
Total assets less current liabilities |
38,669
43,606
Trade and other payables: amounts falling due after more |
than one year |
(42,805)
(37,822)
5
847
Net assets
801
200
200
647
601
847
801
Shareholders' funds
For the year ended 31 December 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 year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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 Daniel James Kelly Director |
These financial statements were approved and authorised for issue by the Board on 25 March 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2023
Prestige Electrical And Data Services Limited
Notes to the Financial Statements
Statutory Information
Prestige Electrical And Data Services Limited is a private limited company, limited by shares, domiciled in England |
and Wales, registration number 04927148. |
Principal place of business: |
49 Hawthorn Road
Buckhurst Hill
Essex
IG9 6JF
Summit House
Horsecroft Road
Harlow
CM19 5BN
The presentation currency is £ sterling. |
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. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 December 2023
Prestige Electrical And Data Services Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
1,246
1,246
Provision for depreciation and impairment |
919
Charge for year
82
1,001
245
327
3. Trade and other receivables |
2022
2023
1,190
7,209
23,846
36,280
43,489
25,036
4. Trade and other payables: amounts falling due within one year |
2022
2023
2,510
1,471
Taxation and social security |
15,412
7,231
8,444
9,459
26,366
18,161
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
37,822
42,805
6. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 3)
3 of 4
For the year ended 31 December 2023
Prestige Electrical And Data Services Limited
Notes to the Financial Statements Continued
4 of 4