Company registration number 06399881 (England and Wales)
PRADA PROPERTY CO. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
PRADA PROPERTY CO. LIMITED
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1
1
Current assets
434,092
457,051
Creditors: amounts falling due within one year
(401,084)
(426,452)
Net current assets
33,008
30,599
Total assets less current liabilities
33,009
30,600
Accruals and deferred income
(1,980)
(1,410)
Net assets
31,029
29,190
Capital and reserves
31,029
29,190
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
The director's loan account with the company was overdrawn at the year end by £77,267 (2023: £269,957). During the year the maximum overdrawn balance on the loan was £272,863.
The loan was unsecured.
Interest has been charged at 2.25%.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Prada Property Co. Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Mayfair Residential Home, Marine Road East, Morecambe, LA4 5AR.
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
PRADA PROPERTY CO. LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 29 August 2024 and are signed on its behalf by:
Mr N R Pickvance
Director
Company registration number 06399881 (England and Wales)