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
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
303 PR Property Limited
Statement of financial position
as at 29 February 2024
Investment property
1,157,925
1,157,925
Cash at bank and in hand
66
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)
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
303 PR Property Limited
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
Fair value at 1 March 2023
1,157,925
At 29 February 2024
1,157,925
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
58,396
45,596
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,115,232
1,115,232
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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.
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).