Abbey Prestige Homes Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06800414

Abbey Prestige Homes Ltd

Filleted Unaudited Financial Statements

31 January 2025

Abbey Prestige Homes Ltd

Financial Statements

Year ended 31 January 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Abbey Prestige Homes Ltd

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Current assets

Stocks		210,000	210,000
Debtors	4	35,556	38,679
Cash at bank and in hand		–	129
		---------	---------
		245,556	248,808

Creditors: amounts falling due within one year	5	40,594		33,012
		---------		---------
Net current assets			204,962	215,796
			---------	---------
Total assets less current liabilities			204,962	215,796

Creditors: amounts falling due after more than one year	6	202,962	207,991
		---------	---------
Net assets		2,000	7,805
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,900	7,705
	-------	-------
Shareholders funds	2,000	7,805
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Abbey Prestige Homes Ltd

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Mr P Woodman
Director

Company registration number: 06800414

Abbey Prestige Homes Ltd

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alex House, 260/268 Chapel Street, Salford, Manchester, M3 5JZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Debtors

	2025	2024
	£	£
Trade debtors	35,556	38,679
	--------	--------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	30,264	30,166
Other creditors	10,330	2,846
	--------	--------
	40,594	33,012
	--------	--------

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	202,962	207,991
	---------	---------

7. Related party transactions

At the year end the company was owed £17,076 from Abbey Prestige Lettings Ltd, £14,930 from Abbey Prestige Homes (NW) Ltd and £3,550 from Abbey Prestige Homes (Helsby) Ltd. The companies are related by common ownership and control. At the 31 January 2025 the company owed to its directors £1,578 (2024-£1,542).