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Company Registration No. 13943962 (England and Wales)
303 PR Property Limited Unaudited accounts for the year ended 29 February 2024
303 PR Property Limited Unaudited accounts Contents
Page
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303 PR Property Limited Company Information for the year ended 29 February 2024
Directors
G S Savell M Savell
Company Number
13943962 (England and Wales)
Registered Office
31 Woodhurst Drive Denham, Uxbridge UB9 5LL England
Accountants
Evolve Accounting and Tax Solutions Ltd Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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303 PR Property Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,157,925 
1,157,925 
Current assets
Debtors
397 
- 
Cash at bank and in hand
66 
641 
463 
641 
Creditors: amounts falling due within one year
(60,296)
(47,096)
Net current liabilities
(59,833)
(46,455)
Total assets less current liabilities
1,098,092 
1,111,470 
Creditors: amounts falling due after more than one year
(1,115,232)
(1,115,232)
Net liabilities
(17,140)
(3,762)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(17,240)
(3,862)
Shareholders' funds
(17,140)
(3,762)
For the year ending 29 February 2024 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 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 27 November 2024 and were signed on its behalf by
G S Savell Director Company Registration No. 13943962
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303 PR Property Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
303 PR Property Limited is a private company, limited by shares, registered in England and Wales, registration number 13943962. The registered office is 31 Woodhurst Drive, Denham, Uxbridge, UB9 5LL, England.
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.
4
Investment property
2024 
£ 
Fair value at 1 March 2023
1,157,925 
At 29 February 2024
1,157,925 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
397 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
58,396 
45,596 
Accruals
1,900 
1,500 
60,296 
47,096 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,115,232 
1,115,232 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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303 PR Property Limited Notes to the Accounts for the year ended 29 February 2024
9
Transactions with related parties
As at the balance sheet date, the sum of £58,395 ( 2023: £ 45,596) was owed to the directors. There are no terms as to interest or repayment in respect of the balance.
10
Controlling party
During the year under review, the company was under the control of the directors, G S Savell and M Savell by virtue of their 100% shareholding in the company.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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