REGISTERED NUMBER: 15351702 (England and Wales)

Unaudited Financial Statements

for the Period 14 December 2023 to 31 December 2024

for

Preston Gill Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Preston

REGISTERED OFFICE:

Suites 48-49 Autumn Park Business Centre

Dysart Road

Grantham

Lincolnshire

NG31 7EU

REGISTERED NUMBER:

15351702 (England and Wales)

ACCOUNTANTS:

Jackson JMR Limited

Suites 48-49

Autumn Park Business Centre

Dysart Road

Grantham

Lincolnshire

NG31 7EU

FIXED ASSETS

Tangible assets

4

2,522

Investment property

5

552,596

555,118

CURRENT ASSETS

Debtors

6

52,074

Cash at bank

288,131

340,205

CREDITORS

Amounts falling due within one year

7

607,706

NET CURRENT LIABILITIES

(267,501

)

TOTAL ASSETS LESS CURRENT LIABILITIES

287,617

CREDITORS

Amounts falling due after more than one year

8

278,429

NET ASSETS

9,188

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

9,088

9,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The 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.

The financial statements were approved by the director and authorised for issue on 10 October 2025 and were signed by:

P Preston - Director

1.	STATUTORY INFORMATION

Preston Gill Holdings Ltd 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,821

At 31 December 2024

2,821

DEPRECIATION

Charge for period

299

At 31 December 2024

299

NET BOOK VALUE

At 31 December 2024

2,522

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

552,596

At 31 December 2024

552,596

NET BOOK VALUE

At 31 December 2024

552,596

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by participating interests

30,128

Other debtors

21,946

52,074

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1

Amounts owed to participating interests

131,500

Taxation and social security

1,540

Other creditors

474,665

607,706

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

278,429