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Company Registration No. 12526732 (England and Wales)
Prestige Properties (Hull) Ltd Unaudited accounts for the year ended 30 June 2024
Prestige Properties (Hull) Ltd Unaudited accounts Contents
Page
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Prestige Properties (Hull) Ltd Company Information for the year ended 30 June 2024
Directors
Mr E Pearson Mr O Pearson
Company Number
12526732 (England and Wales)
Registered Office
Brooklands House 58 Springfield Way Anlaby East Yorkshire HU10 6RJ United Kingdom
Accountants
Kendall Accountancy Services Limited 2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
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Prestige Properties (Hull) Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
600 
- 
Current assets
Debtors
16,500 
- 
Cash at bank and in hand
1,790 
100 
18,290 
100 
Creditors: amounts falling due within one year
(18,658)
- 
Net current (liabilities)/assets
(368)
100 
Net assets
232 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
132 
- 
Shareholders' funds
232 
100 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Mr E Pearson Director Company Registration No. 12526732
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Prestige Properties (Hull) Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Prestige Properties (Hull) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12526732. The registered office is Brooklands House, 58 Springfield Way, Anlaby, East Yorkshire, HU10 6RJ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on Cost
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Prestige Properties (Hull) Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
- 
Additions
750 
At 30 June 2024
750 
Depreciation
Charge for the year
150 
At 30 June 2024
150 
Net book value
At 30 June 2024
600 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
16,500 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
18,658 
- 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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