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REGISTERED NUMBER: 07233330 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 April 2024

for

PRIVETT ENTERPRISES LIMITED

PRIVETT ENTERPRISES LIMITED (REGISTERED NUMBER: 07233330)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRIVETT ENTERPRISES LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTOR: S.J.N Privett





REGISTERED OFFICE: 1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG





REGISTERED NUMBER: 07233330 (England and Wales)





ACCOUNTANTS: Maths Partnership
1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG

PRIVETT ENTERPRISES LIMITED (REGISTERED NUMBER: 07233330)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 250,810 250,810

CURRENT ASSETS
Debtors 5 57 38,814
Cash at bank and in hand 711,007 751,853
711,064 790,667
CREDITORS
Amounts falling due within one year 6 6,894 25,623
NET CURRENT ASSETS 704,170 765,044
TOTAL ASSETS LESS CURRENT
LIABILITIES

954,980

1,015,854

PROVISIONS FOR LIABILITIES 9,539 9,539
NET ASSETS 945,441 1,006,315

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 7 40,667 40,667
Retained earnings 903,774 964,648
SHAREHOLDERS' FUNDS 945,441 1,006,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PRIVETT ENTERPRISES LIMITED (REGISTERED NUMBER: 07233330)

Balance Sheet - continued
30 April 2024


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 Profit And Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





S.J.N Privett - Director


PRIVETT ENTERPRISES LIMITED (REGISTERED NUMBER: 07233330)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Privett Enterprises Limited 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit And Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 250,810
NET BOOK VALUE
At 30 April 2024 250,810
At 30 April 2023 250,810

PRIVETT ENTERPRISES LIMITED (REGISTERED NUMBER: 07233330)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 April 2024 is represented by:

Listed
investments
£   
Valuation in 2023 50,207
Cost 200,603
250,810

If fixed asset investments had not been revalued they would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 200,603 200,603

Fixed asset investments were valued on an open market basis on 8 April 2023 by Prudential Assurance Company Limited .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 38,673
Other debtors 57 141
57 38,814

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 11 17,490
Other creditors 6,883 8,133
6,894 25,623

7. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 40,667