27 March 2024 v2025.62.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP155968562024-03-272024-12-31155968562024-12-3115596856core:WithinOneYear2024-12-3115596856core:AfterOneYear2024-12-3115596856core:ShareCapital2024-12-3115596856core:RetainedEarningsAccumulatedLosses2024-12-3115596856bus:Director12024-03-272024-12-3115596856bus:RegisteredOffice2024-03-272024-12-3115596856core:LandBuildings2024-03-272024-12-3115596856core:LandBuildings2024-12-311559685612024-03-272024-12-3115596856countries:EnglandWales2024-03-272024-12-3115596856bus:AuditExempt-NoAccountantsReport2024-03-272024-12-3115596856bus:PrivateLimitedCompanyLtd2024-03-272024-12-3115596856bus:SmallEntities2024-03-272024-12-3115596856bus:FullAccounts2024-03-272024-12-31
Company registration number:
15596856
Prayshy UK Property Holdings Limited
Unaudited Filleted Financial Statements for the period ended
31 December 2024
Prayshy UK Property Holdings Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Prayshy UK Property Holdings Limited
Period ended
31 December 2024
As described on the statement of financial position, the Board of Directors of
Prayshy UK Property Holdings Limited
are responsible for the preparation of the
financial statements
for the period ended
31 December 2024
, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Sapphire Accounting Limited
Bramhall House
14 Ack Lane East
Bramhall
Cheshire
SK7 2BY
United Kingdom
Prayshy UK Property Holdings Limited
Statement of Financial Position
31 December 2024
31 Dec 2024
Note£
Fixed assets  
Tangible assets 5
147,047
 
Current assets  
Cash at bank and in hand
3,305
 
Creditors: amounts falling due within one year 6
(63,702
 )
Net current liabilities
(60,397
 )
Total assets less current liabilities 86,650  
Creditors: amounts falling due after more than one year 7
(98,622
 )
Net liabilities
(11,972
 )
Capital and reserves  
Called up share capital
1
 
Profit and loss account
(11,973
 )
Shareholders deficit
(11,972
 )
For the period ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
23 September 2025
, and are signed on behalf of the board by:
Mr Petrit Jupolli
Director
Company registration number:
15596856
Prayshy UK Property Holdings Limited
Notes to the Financial Statements
Period ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House
,
14 Ack Lane East , Bramhall
,
Stockport
,
Cheshire
,
SK7 2BY
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Tangible assets

Land and buildings
£
Cost  
At
27 March 2024
 -  
Additions
147,047
 
At
31 December 2024
147,047
 
Depreciation  
At
27 March 2024
and
31 December 2024
 -  
Carrying amount  
At
31 December 2024
147,047
 

Investment property

Included in land and buildings are the following amounts in relation to investment properties:
31 Dec 2024
£
Additions
147,047
 
Carrying amount at
31 December 2024
147,047
 

6 Creditors: amounts falling due within one year

31 Dec 2024
£
Other creditors
63,702
 

7 Creditors: amounts falling due after more than one year

31 Dec 2024
£
Bank loans and overdrafts
98,622