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COMPANY REGISTRATION NUMBER: 09026620
Prospect House (Wales) Ltd
Filleted Unaudited Financial Statements
31 May 2023
Prospect House (Wales) Ltd
Financial Statements
Year ended 31 May 2023
CONTENTS
PAGE
Officers and professional advisers
1
Statement of financial position and the notes to the financial statements
2
Prospect House (Wales) Ltd
Officers and Professional Advisers
The board of directors
Mr A D Morgan
Mrs N J Morgan
Registered office
Ystrad House
Off A40
Llandovery
Carmarthenshire
Wales
SA20 0ET
Accountants
James & Uzzell Ltd
Chartered Certified Accountants
Axis 15, Axis Court
Mallard Way
Riverside Business Park
Swansea
SA7 0AJ
Prospect House (Wales) Ltd
Statement of Financial Position
31 May 2023
2023
2022
£
£
Fixed assets
515,515
516,184
---------
---------
Current assets
6,593
2,421
Prepayments and accrued income
683
341
------
------
7,276
2,762
Creditors: amounts falling due within one year
192,603
241,141
---------
---------
NET CURRENT LIABILITIES
( 185,327)
( 238,379)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
330,188
277,805
Creditors: amounts falling due after more than one year
390,020
349,899
---------
---------
(59,832)
(72,094)
---------
---------
Capital and reserves
( 59,832)
( 72,094)
--------
--------
NOTES TO THE FINANCIAL STATEMENTS
1. EMPLOYEE NUMBERS
The average number of employees, including directors, during the year was 2 (2022:2).
2. GOING CONCERN
The directors have considered the future trading position of the company and are confident that the going concern principle can be applied to the financial statements. The directors have pledged their support to the company.
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements 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 financial statements .
These 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 22 February 2024 , and are signed on behalf of the board by:
Mr A Morgan
Director
Company registration number: 09026620
Prospect House (Wales) Ltd is a private company limited by shares incorporated in England & Wales, United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.