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Company Registration No. 13713530 (England and Wales)
Principle 383 Ltd Unaudited accounts for the year ended 31 October 2024
Principle 383 Ltd Unaudited accounts Contents
Page
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Principle 383 Ltd Company Information for the year ended 31 October 2024
Director
Bianca Andrew
Company Number
13713530 (England and Wales)
Registered Office
Winton House Winton Square BASINGSTOKE Hampshire RG21 8EN United Kingdom
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
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Principle 383 Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
790,000 
790,000 
Investments
358,400 
358,400 
1,148,400 
1,148,400 
Current assets
Cash at bank and in hand
2,374 
5,657 
Creditors: amounts falling due within one year
(31,804)
(47,498)
Net current liabilities
(29,430)
(41,841)
Total assets less current liabilities
1,118,970 
1,106,559 
Creditors: amounts falling due after more than one year
(1,125,844)
(1,122,946)
Net liabilities
(6,874)
(16,387)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,875)
(16,388)
Shareholders' funds
(6,874)
(16,387)
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 April 2025 and were signed on its behalf by
Bianca Andrew Director Company Registration No. 13713530
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Principle 383 Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Principle 383 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13713530. The registered office is Winton House, Winton Square, BASINGSTOKE, Hampshire, RG21 8EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
790,000 
At 31 October 2024
790,000 
5
Investments
Other investments 
£ 
Valuation at 1 November 2023
358,400 
Valuation at 31 October 2024
358,400 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,155 
2,066 
Other creditors
3,000 
3,000 
Loans from directors
26,649 
41,837 
Accruals
- 
595 
31,804 
47,498 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
942,396 
939,106 
Other creditors
183,448 
183,840 
1,125,844 
1,122,946 
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Principle 383 Ltd Notes to the Accounts for the year ended 31 October 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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