Registered number
12053316
Prezn Limited
Filleted Accounts
30 June 2023
Prezn Limited
Registered number: 12053316
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 14,583 24,037
Current assets
Debtors 4 1,856 7
Cash at bank and in hand 2,158 4,322
4,014 4,329
Creditors: amounts falling due within one year 5 (143) (1,689)
Net current assets 3,871 2,640
Net assets 18,454 26,677
Capital and reserves
Profit and loss account 18,454 26,677
Shareholders' funds 18,454 26,677
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr M Damasek
Director
Approved by the board on 8 March 2024
Prezn Limited
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Fair value
At 1 July 2022 24,037
Additions 14,583
Disposals (24,037)
At 30 June 2023 14,583
4 Debtors 2023 2022
£ £
Other debtors 1,856 7
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 16 17
Taxation and social security costs - 1,545
Other creditors 127 127
143 1,689
6 Other information
Prezn Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 Halsbrook Road
London
SE3 8QY
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