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REGISTERED NUMBER: 10588469 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Priors Hill Limited

Priors Hill Limited (Registered number: 10588469)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Priors Hill Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr G L Shaw
Mr J A Shaw
Mrs A P Speirs
Mr P T Shaw
Mrs G M Shaw





REGISTERED OFFICE: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN





REGISTERED NUMBER: 10588469 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Priors Hill Limited (Registered number: 10588469)

Abridged Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,090,400 2,090,400

CURRENT ASSETS
Biological assets 113,820 69,298
Debtors 3,772 19,146
Cash at bank and in hand 94,325 105,717
211,917 194,161
CREDITORS
Amounts falling due within one year 44,294 15,108
NET CURRENT ASSETS 167,623 179,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,258,023

2,269,453

CAPITAL AND RESERVES
Called up share 5 320 320
Share premium 2,226,786 2,226,786
Retained earnings 30,917 42,347
SHAREHOLDERS' FUNDS 2,258,023 2,269,453

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Priors Hill Limited (Registered number: 10588469)

Abridged Balance Sheet - continued
30 September 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:




Mr P T Shaw - Director Mr G L Shaw - Director




Mrs G M Shaw - Director Mr J A Shaw - Director




Mrs A P Speirs - Director


Priors Hill Limited (Registered number: 10588469)

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

1. STATUTORY INFORMATION

Priors Hill 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.

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

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

Freehold property- No depreciation

Biological assets
Biological assets is the valuation of growing and harvested crops. These are valued at the lower of cost and estimated selling price less costs to sell after making due allowance for obsolete or slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 2,090,400
NET BOOK VALUE
At 30 September 2024 2,090,400
At 30 September 2023 2,090,400

5. CALLED UP SHARE

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
320 Ordinary £1 320 320