IRIS Accounts Production v24.3.2.46 11018670 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110186702022-10-31110186702023-10-31110186702022-11-012023-10-31110186702021-10-31110186702021-11-012022-10-31110186702022-10-3111018670ns15:EnglandWales2022-11-012023-10-3111018670ns14:PoundSterling2022-11-012023-10-3111018670ns10:Director12022-11-012023-10-3111018670ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3111018670ns10:SmallEntities2022-11-012023-10-3111018670ns10:AuditExemptWithAccountantsReport2022-11-012023-10-3111018670ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3111018670ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3111018670ns10:FullAccounts2022-11-012023-10-3111018670ns10:Director22022-11-012023-10-3111018670ns10:RegisteredOffice2022-11-012023-10-3111018670ns5:CurrentFinancialInstruments2023-10-3111018670ns5:CurrentFinancialInstruments2022-10-3111018670ns5:ShareCapital2023-10-3111018670ns5:ShareCapital2022-10-3111018670ns5:RetainedEarningsAccumulatedLosses2023-10-3111018670ns5:RetainedEarningsAccumulatedLosses2022-10-3111018670ns5:CostValuation2022-10-3111018670ns5:AdditionsToInvestments2023-10-3111018670ns5:CostValuation2023-10-3111018670ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3111018670ns5:WithinOneYearns5:CurrentFinancialInstruments2022-10-31110186701ns10:Director12022-10-31110186701ns10:Director12021-10-31110186701ns10:Director12022-11-012023-10-31110186701ns10:Director12021-11-012022-10-31110186701ns10:Director12023-10-31110186701ns10:Director12022-10-31
REGISTERED NUMBER: 11018670 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Praesidio Holdings Ltd

Praesidio Holdings Ltd (Registered number: 11018670)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Praesidio Holdings Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: B T Green
Ms M Aaron-Pereira





REGISTERED OFFICE: Charter House
Wyvern Court, Stanier Way
Wyvern Business Park
Derby
DE21 6BF





REGISTERED NUMBER: 11018670 (England and Wales)





ACCOUNTANTS: M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Praesidio Holdings Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Praesidio Holdings Ltd for the year ended 31 October 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Praesidio Holdings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Praesidio Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Praesidio Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Praesidio Holdings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Praesidio Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Praesidio Holdings Ltd. You consider that Praesidio Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Praesidio Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF


29 January 2025

Praesidio Holdings Ltd (Registered number: 11018670)

Statement of Financial Position
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 105 104

CURRENT ASSETS
Debtors 5 344,218 277,664
Cash at bank 24 484
344,242 278,148
CREDITORS
Amounts falling due within one year 6 154,204 13,254
NET CURRENT ASSETS 190,038 264,894
TOTAL ASSETS LESS CURRENT LIABILITIES 190,143 264,998

ACCRUALS AND DEFERRED INCOME 1,619 588
NET ASSETS 188,524 264,410

CAPITAL AND RESERVES
Called up share capital 485 485
Retained earnings 188,039 263,925
188,524 264,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





B T Green - Director


Praesidio Holdings Ltd (Registered number: 11018670)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Praesidio Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2022 104
Additions 1
At 31 October 2023 105
NET BOOK VALUE
At 31 October 2023 105
At 31 October 2022 104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 336,079 277,644
Other debtors 8,139 20
344,218 277,664

Praesidio Holdings Ltd (Registered number: 11018670)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 154,468 13,152
Taxation and social security (264 ) -
Other creditors - 102
154,204 13,254

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
B T Green
Balance outstanding at start of year - -
Amounts advanced 147,996 -
Amounts repaid (139,878 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,118 -

Interest is charged at the official rate. The Loan is repayable on demand.