Company Registration No. 10862847 (England and Wales)
Praetorian Holdings Ltd
Unaudited accounts
for the year ended 31 December 2023
Praetorian Holdings Ltd
Unaudited accounts
Contents
Praetorian Holdings Ltd
Company Information
for the year ended 31 December 2023
Director
Darrell Norman Oakley
Company Number
10862847 (England and Wales)
Registered Office
167-169 Great Portland St
5th Floor
London
W1W 5PF
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Praetorian Holdings Ltd
Accountants' report
Accountants' report to the director of Praetorian Holdings Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Praetorian Holdings Ltd for the year ended
31 December 2023 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Praetorian Holdings Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Praetorian Holdings Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Praetorian Holdings Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Praetorian Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Praetorian Holdings Ltd. You consider that Praetorian Holdings Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Praetorian Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
4 March 2024
Praetorian Holdings Ltd
Statement of financial position
as at 31 December 2023
Investments
250,010
250,010
Cash at bank and in hand
397,957
484,122
Creditors: amounts falling due within one year
(680)
(390)
Net current assets
492,277
588,732
Net assets
742,287
838,742
Called up share capital
110
110
Profit and loss account
742,177
838,632
Shareholders' funds
742,287
838,742
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 4 March 2024 and were signed on its behalf by
Darrell Norman Oakley
Director
Company Registration No. 10862847
Praetorian Holdings Ltd
Notes to the Accounts
for the year ended 31 December 2023
Praetorian Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 10862847. The registered office is 167-169 Great Portland St, 5th Floor, London , W1W 5PF.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2023
250,010
Valuation at 31 December 2023
250,010
Amounts falling due after more than one year
Amounts due from group undertakings etc.
95,000
105,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
290
-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).