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Registered number: 14620526

Prestwood Commercials Ltd

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

Robert Perry Ltd

Parkside House

Old Stafford Road

Wolverhampton

West Midlands

WS9 0PH

Prestwood Commercials Ltd

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

M.R. Hudson

E.R. Hudson

SECRETARY

E.R. Hudson

REGISTERED OFFICE

Smestow Bridge Industrial Estate

Bridgnorth Road

Wombourne

Wolverhampton

WV5 8AY

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 14620526

ACCOUNTANTS

Robert Perry Ltd

Parkside House

Old Stafford Road

Wolverhampton

West Midlands

WS9 0PH

Prestwood Commercials Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
		Page
Directors' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Prestwood Commercials Ltd

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				147,859				128,148
CURRENT ASSETS
Stock				134,000				144,500
Debtors		5		1,005,062				1,050,260
Cash at bank and in hand				73,952				54,870
				1,213,014				1,249,630
CREDITORS: Amounts falling due within one year		6		845,442				989,983
NET CURRENT ASSETS						367,572				259,647
TOTAL ASSETS LESS CURRENT LIABILITIES						515,431				387,795
CAPITAL AND RESERVES
Called up share capital		7				2				2
Profit and loss account						515,429				387,793
SHAREHOLDERS' FUNDS						515,431				387,795
For the year ending 31/03/2025 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 02/10/2025 and signed on their behalf by
.............................
M.R. Hudson
Director

Prestwood Commercials Ltd

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machinery		25%
Fixtures And Fittings		15%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				3		3

Prestwood Commercials Ltd

3. TANGIBLE FIXED ASSETS
		Plant and		Fixtures
		Machinery		and Fittings		Total
		£		£		£
Cost
At 01/04/2024		134,401		36,464		170,865
Additions		-		59,000		59,000
At 31/03/2025		134,401		95,464		229,865
Depreciation
At 01/04/2024		33,601		9,116		42,717
For the year		25,202		14,087		39,289
At 31/03/2025		58,803		23,203		82,006
Net Book Amounts
At 31/03/2025		75,598		72,261		147,859
At 31/03/2024		100,800		27,348		128,148

4. STOCK				2025		2024
				£		£
Stock comprises:
Stock				134,000		144,500
				134,000		144,500

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				86,445		128,757
Intercompany Account				890,535		890,535
VAT				28,082		30,971
				1,005,062		1,050,263

Prestwood Commercials Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				67,551		122,454
PAYE control				-		979
Trade creditors				122,792		205,582
Other Creditors				653,099		658,968
Accruals				2,000		2,000
				845,442		989,983

7. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
2 Class 1 shares of £1 each				2		2
				2		2
New shares issued during period:
2 Class 1 shares of £1 each				2		2
				-		2

8. ULTIMATE CONTROLLING PARTY

The Company is a wholly owned subsidiary of Prestwood Commercial Holdings Limited, a Company registered in England. The accounts for Prestwood Commercial Holdings Limited are retained at the registered office being Smestow Bridge Industrial Estate, Bridgnorth Road, Wombourne, Wolverhampton, England, WV5 8AY, which is also their principal place of business.