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REGISTERED NUMBER: 10763609 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

PROSPERITY TAMEWAY PLAZA LIMITED

PROSPERITY TAMEWAY PLAZA LIMITED (REGISTERED NUMBER: 10763609)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PROSPERITY TAMEWAY PLAZA LIMITED

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr J E Billingham



REGISTERED OFFICE: JQ1,
32 George Street,
Birmingham,
B3 1QG



REGISTERED NUMBER: 10763609 (England and Wales)



ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



BANKERS: Barclays Bank Plc
51 Mosley Street
Manchester
M60 2AU

PROSPERITY TAMEWAY PLAZA LIMITED (REGISTERED NUMBER: 10763609)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
CURRENT ASSETS
Debtors 4 2,062,182 2,460,084
Cash at bank 375 110
2,062,557 2,460,194
CREDITORS
Amounts falling due within one year 5 1,967,706 2,351,941
NET CURRENT ASSETS 94,851 108,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,851

108,253

CREDITORS
Amounts falling due after more than one
year

6

19,167

29,167
NET ASSETS 75,684 79,086

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 75,683 79,085
75,684 79,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2024 and were signed by:





Mr J E Billingham - Director


PROSPERITY TAMEWAY PLAZA LIMITED (REGISTERED NUMBER: 10763609)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Prosperity Tameway Plaza Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS
30.6.23 30.6.22
£    £   
Amounts falling due within one year:
Amounts owed by related party companies 1,258,406 -
Other debtors 167,633 350,527
1,426,039 350,527

Amounts falling due after more than one year:
Other debtors 636,143 2,109,557

Aggregate amounts 2,062,182 2,460,084

PROSPERITY TAMEWAY PLAZA LIMITED (REGISTERED NUMBER: 10763609)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 40,899 40,810
Amounts owed to group undertakings 1,526,474 1,911,412
Amounts owed to related party companies 387,600 387,600
Other creditors 2,733 2,119
1,967,706 2,351,941

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 19,167 29,167

7. ULTIMATE CONTROLLING PARTY

The controlling party is Prosperity Investments &Developments Limited.

The ultimate controlling party is Mr J E Billingham.