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REGISTERED NUMBER: 04848072















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

PRESTON ROAD PROPERTIES LIMITED

PRESTON ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 04848072)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

PRESTON ROAD PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: H Patel





SECRETARY: Gillfields Secretaries Limited





REGISTERED OFFICE: 292 Preston Road
Harrow
Middlesex
HA3 0QA





REGISTERED NUMBER: 04848072





ACCOUNTANTS: Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL

PRESTON ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 04848072)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 22,146 22,232
Tangible assets 5 16,510 4,187
38,656 26,419

CURRENT ASSETS
Debtors 6 522,175 420,294
Prepayments and accrued income 234 213
Cash at bank 638,680 603,358
1,161,089 1,023,865
CREDITORS
Amounts falling due within one year 7 680,146 628,892
NET CURRENT ASSETS 480,943 394,973
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,599

421,392

CREDITORS
Amounts falling due after more than one
year

8

31,167

48,167
NET ASSETS 488,432 373,225

PRESTON ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 04848072)

BALANCE SHEET - continued
31 JULY 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 488,332 373,125
SHAREHOLDERS' FUNDS 488,432 373,225

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 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.

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 director and authorised for issue on 25 April 2025 and were signed by:





H Patel - Director


PRESTON ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 04848072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Preston Road Properties Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover represents the net Commission received, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and at variable rates on reducing balance

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 4 (2023 - 4 ) .

PRESTON ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 04848072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2023
and 31 July 2024 27,557
AMORTISATION
At 1 August 2023 5,325
Charge for year 86
At 31 July 2024 5,411
NET BOOK VALUE
At 31 July 2024 22,146
At 31 July 2023 22,232

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 1,822 26,149 27,971
Additions - 17,220 17,220
At 31 July 2024 1,822 43,369 45,191
DEPRECIATION
At 1 August 2023 - 23,784 23,784
Charge for year - 4,897 4,897
At 31 July 2024 - 28,681 28,681
NET BOOK VALUE
At 31 July 2024 1,822 14,688 16,510
At 31 July 2023 1,822 2,365 4,187

PRESTON ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 04848072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 53,218 127,171
Other debtors 468,957 293,123
522,175 420,294

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 567,002 527,814
Taxation and social security 47,526 8,536
Other creditors 65,618 92,542
680,146 628,892

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 31,167 48,167

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 31,167 48,167

PRESTON ROAD PROPERTIES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
PRESTON ROAD PROPERTIES LIMITED

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL


25 April 2025