PRESTIGE-EX HOMES LIMITED

Company Registration Number:
13402630 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

PRESTIGE-EX HOMES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PRESTIGE-EX HOMES LIMITED

Company Information

for the Period Ended 31 May 2024




Director: Uchechukwu Ukagha
Registered office: 37
Chapman Drive
Coventry
England
CV6 5HT
Company Registration Number: 13402630 (England and Wales)

PRESTIGE-EX HOMES LIMITED

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Uchechukwu Ukagha

This report was approved by the board of directors on 25 January 2025
And Signed On Behalf Of The Board By:

Name: Uchechukwu Ukagha
Status: Director

PRESTIGE-EX HOMES LIMITED

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 39,677 10,825
Administrative Expenses ( 35,827 ) ( 10,107 )
Operating Profit or (Loss) 3,850 718
Profit or (Loss) Before Tax 3,850 718
Tax on Profit ( 731 ) ( 136 )
Profit or (Loss) for Period 3,119 582

The notes form part of these financial statements

PRESTIGE-EX HOMES LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 10,000 10,000
Tangible assets: 5 505,000 275,000
Total fixed assets: 515,000 285,000
Current assets
Debtors: 39,300
Cash at bank and in hand: 4,493 3,907
Total current assets: 43,793 3,907
Net current assets (liabilities): 43,793 3,907
Total assets less current liabilities: 558,793 288,907
Creditors: amounts falling due after more than one year: ( 361,250 ) ( 233,632 )
Total net assets (liabilities): 197,543 55,275

The notes form part of these financial statements

PRESTIGE-EX HOMES LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 197,542 55,274
Shareholders funds: 197,543 55,275

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 January 2025
And Signed On Behalf Of The Board By:

Name: Uchechukwu Ukagha
Status: Director

The notes form part of these financial statements

PRESTIGE-EX HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRESTIGE-EX HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PRESTIGE-EX HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

PRESTIGE-EX HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 10,000
    Additions 0
    Disposals -
    Revaluations -
    Transfers -
    At 31 May 2024 10,000
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 May 2024 -
    Net book value
    Net book value at 31 May 2024 10,000
    Net book value at 31 May 2023 10,000

PRESTIGE-EX HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 275,000
Additions 230,000
Disposals -
Revaluations -
Transfers -
At 31 May 2024 505,000
Depreciation
At 01 June 2023 -
Charge for year -
On disposals -
Other adjustments -
At 31 May 2024 -
Net book value
At 31 May 2024 505,000
At 31 May 2023 275,000