Company No: 06412612 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	139,979		171,929
		139,979		171,929
Current assets
Stocks		1,268,518		1,227,761
Debtors	4	1,841,094		1,600,604
Cash at bank and in hand		142,274		176,939
		3,251,886		3,005,304
Creditors: amounts falling due within one year	5	( 2,421,613)		( 2,152,240)
Net current assets		830,273		853,064
Total assets less current liabilities		970,252		1,024,993
Creditors: amounts falling due after more than one year	6	( 4,167)		( 14,167)
Provision for liabilities		( 19,180)		( 21,677)
Net assets		946,905		989,149
Capital and reserves
Called-up share capital	7	6		6
Profit and loss account		946,899		989,143
Total shareholders' funds		946,905		989,149

For the financial year ending 31 March 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Prestige Touch Limited (registered number: 06412612) were approved and authorised for issue by the Board of Directors on 04 November 2025. They were signed on its behalf by:

D J Bickell Director		Simon Peter Churchill Director
Russell Phillip Mount Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Prestige Touch Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Langdowns Dfk Limited, Fleming Court, Leigh Road, Eastleigh, Southampton, SO50 9PD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Taxation for the year 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 year 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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	10 years straight line
Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	5 years straight line
Office equipment	5 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	31		33

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 April 2024	132,771		127,717		34,091		153,466		64,831		512,876
Additions	0		0		0		300		3,363		3,663
At 31 March 2025	132,771		127,717		34,091		153,766		68,194		516,539
Accumulated depreciation
At 01 April 2024	58,280		64,015		24,962		141,292		52,398		340,947
Charge for the financial year	11,233		9,556		2,281		6,929		5,614		35,613
Rounding	0		0		0		0		0		0
At 31 March 2025	69,513		73,571		27,243		148,221		58,012		376,560
Net book value
At 31 March 2025	63,258		54,146		6,848		5,545		10,182		139,979
At 31 March 2024	74,491		63,702		9,129		12,174		12,433		171,929

4. Debtors

	2025		2024
	£		£
Trade debtors	1,471,901		1,246,001
Amounts owed by directors	228,045		251,697
Prepayments	1,940		16,091
Corporation tax	15,179		12,815
Other debtors	124,029		74,000
	1,841,094		1,600,604

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	10,000		11,921
Trade creditors	717,919		644,468
Accruals	6,770		4,755
Taxation and social security	125,318		125,815
Other creditors	1,561,606		1,365,281
	2,421,613		2,152,240

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

	2025		2024
	£		£
Bank loans (secured)	4,167		14,167

The bank loans are guaranteed by the Government (being part of the Coronavirus Bounce Back Loan Scheme).

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
3 A ordinary shares of £ 1.00 each	3		3
3 B ordinary shares of £ 1.00 each	3		3
	6		6

8. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating leases	113,750		0

9. Related party transactions

Transactions with the entity's directors

Advances

An advance was made to Mr D Bickell in the year, of £90,879, at HMRC approved rates, with no specified repayment date. During the year, £23,025 was repaid, leaving a balance carried forward of £67,854. This balance was repaid within 30 days of the year end.

An advance was made to Mr R Mount in the year, of £120,394, at HMRC approved rates, with no specified repayment date. During the year, £12,797 was repaid, leaving a balance carried forward of £107,597. A total of £80,000 of this balance was repaid within 30 days of the year end.

An advance was made to Mr S Churchill in the year, of £66,216, at HMRC approved rates, with no specified repayment date. During the year, £13,622 was repaid, leaving a balance carried forward of £52,594. This balance was repaid within 30 days of the year end.

The total balance outstanding at the year end was £228,045, of which £200,448 was repaid within 30 days of the year end.