IRIS Accounts Production v24.3.2.46 06960774 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 Ordinary E 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069607742023-07-31069607742024-07-31069607742023-08-012024-07-31069607742022-07-31069607742022-08-012023-07-31069607742023-07-3106960774ns15:EnglandWales2023-08-012024-07-3106960774ns14:PoundSterling2023-08-012024-07-3106960774ns10:Director12023-08-012024-07-3106960774ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106960774ns10:SmallEntities2023-08-012024-07-3106960774ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3106960774ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106960774ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106960774ns10:FullAccounts2023-08-012024-07-310696077412023-08-012024-07-3106960774ns10:OrdinaryShareClass12023-08-012024-07-3106960774ns10:OrdinaryShareClass22023-08-012024-07-3106960774ns10:OrdinaryShareClass32023-08-012024-07-3106960774ns10:OrdinaryShareClass42023-08-012024-07-3106960774ns10:OrdinaryShareClass52023-08-012024-07-31069607741ns10:OrdinaryShareClass12023-08-012024-07-3106960774ns10:Director22023-08-012024-07-3106960774ns10:Director32023-08-012024-07-3106960774ns10:RegisteredOffice2023-08-012024-07-3106960774ns5:CurrentFinancialInstruments2024-07-3106960774ns5:CurrentFinancialInstruments2023-07-3106960774ns5:ShareCapital2024-07-3106960774ns5:ShareCapital2023-07-3106960774ns5:RetainedEarningsAccumulatedLosses2024-07-3106960774ns5:RetainedEarningsAccumulatedLosses2023-07-3106960774ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3106960774ns5:ComputerSoftware2023-08-012024-07-3106960774ns5:LeaseholdImprovements2023-08-012024-07-3106960774ns5:PlantMachinery2023-08-012024-07-3106960774ns5:FurnitureFittings2023-08-012024-07-3106960774ns5:MotorVehicles2023-08-012024-07-3106960774ns5:ComputerEquipment2023-08-012024-07-3106960774ns5:ComputerSoftware2023-07-3106960774ns5:ComputerSoftware2024-07-3106960774ns5:ComputerSoftware2023-07-3106960774ns5:LeaseholdImprovements2023-07-3106960774ns5:PlantMachinery2023-07-3106960774ns5:FurnitureFittings2023-07-3106960774ns5:LeaseholdImprovements2024-07-3106960774ns5:PlantMachinery2024-07-3106960774ns5:FurnitureFittings2024-07-3106960774ns5:LeaseholdImprovements2023-07-3106960774ns5:PlantMachinery2023-07-3106960774ns5:FurnitureFittings2023-07-3106960774ns5:MotorVehicles2023-07-3106960774ns5:ComputerEquipment2023-07-3106960774ns5:MotorVehicles2024-07-3106960774ns5:ComputerEquipment2024-07-3106960774ns5:MotorVehicles2023-07-3106960774ns5:ComputerEquipment2023-07-3106960774ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3106960774ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3106960774ns10:OrdinaryShareClass12024-07-3106960774ns10:OrdinaryShareClass22024-07-3106960774ns10:OrdinaryShareClass32024-07-31069607743ns10:Director32023-07-31069607743ns10:Director32022-07-31069607743ns10:Director32023-08-012024-07-31069607743ns10:Director32022-08-012023-07-31069607743ns10:Director32024-07-31069607743ns10:Director32023-07-31
REGISTERED NUMBER: 06960774 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Prestige Adolescent Care and Education
Limited

Prestige Adolescent Care and Education
Limited (Registered number: 06960774)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Prestige Adolescent Care and Education
Limited

Company Information
for the Year Ended 31 July 2024







Directors: Mr A M Colerick
Mr A Decoza
Mr N Rowe





Registered office: 90 King Street
Newcastle-under-Lyme
Staffordshire
ST5 1JB





Registered number: 06960774 (England and Wales)





Accountants: Allen Mills Howard & Co
Chartered Certified Accountants
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Prestige Adolescent Care and Education
Limited

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 Balance Sheet. 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 Prestige Adolescent Care and Education Limited for the year ended 31 July 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Prestige Adolescent Care and Education Limited, 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 Prestige Adolescent Care and Education Limited and state those matters that we have agreed to state to the Board of Directors of Prestige Adolescent Care and Education Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Prestige Adolescent Care and Education Limited 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 profit of Prestige Adolescent Care and Education Limited. You consider that Prestige Adolescent Care and Education Limited 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 Prestige Adolescent Care and Education Limited. 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.






Allen Mills Howard & Co
Chartered Certified Accountants
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND


27 March 2025

Prestige Adolescent Care and Education
Limited (Registered number: 06960774)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 1,122 1,386
Tangible assets 5 105,678 123,700
106,800 125,086

Current assets
Debtors 6 1,055,712 922,440
Cash at bank and in hand 726,416 624,932
1,782,128 1,547,372
Creditors
Amounts falling due within one year 7 339,151 298,491
Net current assets 1,442,977 1,248,881
Total assets less current liabilities 1,549,777 1,373,967

Provisions for liabilities 16,286 16,416
Net assets 1,533,491 1,357,551

Capital and reserves
Called up share capital 8 9 8
Retained earnings 1,533,482 1,357,543
Shareholders' funds 1,533,491 1,357,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

Prestige Adolescent Care and Education
Limited (Registered number: 06960774)

Balance Sheet - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mr A M Colerick - Director


Prestige Adolescent Care and Education
Limited (Registered number: 06960774)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. Statutory information

Prestige Adolescent Care and Education 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Lease premium is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Prestige Adolescent Care and Education
Limited (Registered number: 06960774)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 52 (2023 - 51 ) .

4. Intangible fixed assets
Lease
premium
£   
Cost
At 1 August 2023
and 31 July 2024 15,140
Amortisation
At 1 August 2023 13,754
Amortisation for year 264
At 31 July 2024 14,018
Net book value
At 31 July 2024 1,122
At 31 July 2023 1,386

Prestige Adolescent Care and Education
Limited (Registered number: 06960774)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. Tangible fixed assets
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
Cost
At 1 August 2023 54,895 64,241 64,870
Additions 13,497 - 4,643
At 31 July 2024 68,392 64,241 69,513
Depreciation
At 1 August 2023 17,598 25,727 57,905
Charge for year 10,259 9,637 6,643
At 31 July 2024 27,857 35,364 64,548
Net book value
At 31 July 2024 40,535 28,877 4,965
At 31 July 2023 37,297 38,514 6,965

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 August 2023 58,899 48,270 291,175
Additions - 4,290 22,430
At 31 July 2024 58,899 52,560 313,605
Depreciation
At 1 August 2023 25,768 40,477 167,475
Charge for year 8,283 5,630 40,452
At 31 July 2024 34,051 46,107 207,927
Net book value
At 31 July 2024 24,848 6,453 105,678
At 31 July 2023 33,131 7,793 123,700

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 295,633 147,952
Other debtors 760,079 774,488
1,055,712 922,440

Prestige Adolescent Care and Education
Limited (Registered number: 06960774)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 17,997 33,846
Taxation and social security 195,317 155,334
Other creditors 125,837 109,311
339,151 298,491

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary A £1 3 4
3 Ordinary B £1 3 1
3 Ordinary C £1 3 1
NIL Ordinary D £1 - 1
NIL Ordinary E £1 - 1
9 8

The following shares were issued during the year for cash at par :

1 Ordinary A share of £1

9. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr N Rowe
Balance outstanding at start of year 4 4
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4 4