Contents of the Financial Statements

for the Period Ended 24 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 24 December 2024

The directors present their report with the financial statements of the company for the period ended 24 December 2024

Directors

The director shown below has held office during the whole of the period from
25 December 2023 to 24 December 2024

W G Eckford

The director shown below has held office during the period of
10 December 2024 to 24 December 2024

Miss Alexandra Basing

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 September 2025

And signed on behalf of the board by:
Name: Prior Estates Limited
Status: Secretary

Profit And Loss Account

for the Period Ended 24 December 2024

	2024	2023
	£	£
Turnover:	1,333	1,650
Cost of sales:	0	0
Gross profit(or loss):	1,333	1,650
Distribution costs:	0	0
Administrative expenses:	( 1,165 )	( 3,770 )
Other operating income:	0	0
Operating profit(or loss):	168	(2,120)
Interest receivable and similar income:	0	0
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	168	(2,120)
Tax:	( 32 )	404
Profit(or loss) for the financial year:	136	(1,716)

Balance sheet

As at 24 December 2024

	Notes	2024	2023
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	5,864	5,864
Investments:		0	0
Total fixed assets:		5,864	5,864
Current assets
Stocks:		0	0
Debtors:	4	651	886
Cash at bank and in hand:		0	0
Investments:		0	0
Total current assets:		651	886
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 3,765 )	( 4,136 )
Net current assets (liabilities):		(3,114)	(3,250)
Total assets less current liabilities:		2,750	2,614
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		2,750	2,614
Capital and reserves
Called up share capital:		30	30
Share premium account:		0	0
Other reserves:		0	0
Profit and loss account:		2,720	2,584
Total Shareholders' funds:		2,750	2,614

The notes form part of these financial statements

Balance sheet statements

For the year ending 24 December 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 24 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover relates to parking charges, lease extensions and similar income receivable under agreements with certain lessees at Belle Vue Court.

  Tangible fixed assets depreciation policy

  The directors have not provided for depreciation on the company’s freehold property and is taking advantage of the true and fair override, departing from the prescribed treatment in S17 of FRS 102, which requires all tangible fixed assets to be depreciated over their estimated economic lives. This is necessary to give a true and fair view as the value of the freehold is in excess of the book cost of the land and buildings included in these financial statements. Freehold property is stated at historic cost, and the directors do not consider it appropriate to provide for depreciation as noted above.

  Other accounting policies

  Basis of preparation of financial statements Critical accounting estimates and areas of judgement Going concern Financial instruments Debtors Cash and cash equivalents Creditors Taxation

Notes to the Financial Statements

for the Period Ended 24 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	1	1