Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true2024-01-11falseHolding company00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15407214 2024-01-10 15407214 2024-01-11 2024-12-31 15407214 2023-01-11 2024-01-10 15407214 2024-12-31 15407214 c:Director1 2024-01-11 2024-12-31 15407214 d:CurrentFinancialInstruments 2024-12-31 15407214 d:Non-currentFinancialInstruments 2024-12-31 15407214 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15407214 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 15407214 d:ShareCapital 2024-12-31 15407214 d:RetainedEarningsAccumulatedLosses 2024-12-31 15407214 c:OrdinaryShareClass1 2024-01-11 2024-12-31 15407214 c:OrdinaryShareClass1 2024-12-31 15407214 c:FRS102 2024-01-11 2024-12-31 15407214 c:AuditExempt-NoAccountantsReport 2024-01-11 2024-12-31 15407214 c:FullAccounts 2024-01-11 2024-12-31 15407214 c:PrivateLimitedCompanyLtd 2024-01-11 2024-12-31 15407214 6 2024-01-11 2024-12-31 15407214 e:PoundSterling 2024-01-11 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15407214









PRESTIGE PURCHASING HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
PRESTIGE PURCHASING HOLDINGS LIMITED
REGISTERED NUMBER: 15407214

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2024
Note
£
£

FIXED ASSETS
  

Investments
 4 
969,942

  
969,942

CURRENT ASSETS
  

Debtors: amounts falling due within one year
  
25,900

  
25,900

Creditors: amounts falling due within one year
 6 
(46,877)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(20,977)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
948,965

Creditors: amounts falling due after more than one year
 7 
(595,015)

  

NET ASSETS
  
353,950


CAPITAL AND RESERVES
  

Called up share capital 
 8 
74,930

Profit and loss account
  
279,020

  
353,950


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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PRESTIGE PURCHASING HOLDINGS LIMITED
REGISTERED NUMBER: 15407214
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S T Allen
Director

Date: 11 June 2025

The notes on pages 3 to 5 form part of these financial statements.

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PRESTIGE PURCHASING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

Prestige Purchasing Holdings Limited is a private company limited by shares and incorporated in England and Wales. It's registered office address is Aurora House, Deltic Avenue, Rooksley, Milton Keynes, MK13 8LW. 
The company's functional and presentation currency is GBP. 

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the company in respect of mangement services provided during the year, exclusive of Value Added Tax and trade discounts, and is recognised when the service has been provided.

 
2.3

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.4

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

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PRESTIGE PURCHASING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration.


4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST OR VALUATION


Additions
969,942



At 31 December 2024
969,942





5.


DEBTORS

2024
£


Amounts owed by group undertakings
25,900

25,900


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PRESTIGE PURCHASING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
£

Corporation tax
4,631

Other creditors
40,718

Accruals and deferred income
1,528

46,877


Included in other creditors is £40,718 that is due to a director. Interest accrues at a rate of 0.25% per annum. The balance is repayable in annual installments over a period of 4 years.


7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
£

Other creditors
595,015

595,015


Included in other creditors is £595,015 that is due to a director. Interest accrues at a rate of 0.25% per annum. The balance is repayable in annual installments over a period of 4 years.


8.


SHARE CAPITAL

2024
£
ALLOTTED, CALLED UP AND FULLY PAID


74,930 Ordinary shares of £1.00 each
74,930


On incorporation 1 Ordinary £1 share was issued at par.  On 23 January 2024 a further 74,929 Ordinary £1 shares were issued at par.

 
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