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Registered number: 4277550






Pride Resources Limited


ACCOUNTS

FOR THE YEAR ENDED 31/08/2025
























Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL


ACCOUNTS
FOR THE YEAR ENDED 31/08/2025





DIRECTORS
Mr A Weinberger
Mrs M Weinberger



SECRETARY
Mrs M Weinberger


REGISTERED OFFICE
52 Darenth Road
Stamford Hill
London
N16 6EJ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 4277550



BANKERS
HSBC



ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL


ACCOUNTS
FOR THEYEARENDED31/08/2025



CONTENTS



		Page

Directors' Report		-

Accountants' 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		-


BALANCE SHEET AT 31/08/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	2		2,864,988		2,490,681

CURRENT ASSETS
Cash at bank and in hand		9,790		5,066
		9,790		5,066
CREDITORS: Amounts falling due within one year	4	270,907		453,710
NET CURRENT LIABILITIES			(261,117)		(448,644)
TOTAL ASSETS LESS CURRENT LIABILITIES			2,603,871		2,042,037


CREDITORS: Amounts falling due after more than one year	5		983,144		415,682


PROVISIONS FOR LIABILITIES AND CHARGES	7		222,600		230,500

NET ASSETS			1,398,127		1,395,855

CAPITAL AND RESERVES

Called up share capital	8		2		2
Profit and loss account			1,398,125		1,395,853
SHAREHOLDERS' FUNDS			1,398,127		1,395,855

For the year ending 31/08/2025 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 27/11/2025 and signed on their behalf by



.............................
Mr A Weinberger
Director




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Change In Accounting Policy
In preparing the financial statements for the current year, the company has adopted the following Financial Reporting Standards:
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)




1d. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with FRS102. This departure from Companies Act requirements is necessary to show a true and fair view. Deferred taxation is provided on all fair value adjustments.




1e. Dividends On Shares Presented Within Shareholders Funds
Dividends unpaid at the balance sheet date are only recognised as a liability at that date to the extent that they are appropriately authorised and are no longer at the discretion of the Company Unpaid dividends that do not meet these criteria are disclosed in the notes to the financial statements.




1f. Other Income
Other income represents fair value adjustment to investment properties. The corresponding provision for deferred taxation is included in the taxation line in the accounts (see note 3 to the accounts).




2. TANGIBLE FIXED ASSETS

	Fixtures
	and Fittings	Total
	£	£
Cost
At 01/09/2024	12,768	12,768
At 31/08/2025	12,768	12,768
Depreciation
At 01/09/2024	11,730	11,730
For the year	346	346
At 31/08/2025	12,076	12,076
Net Book Amounts
At 31/08/2025	692	692
At 31/08/2024	1,038	1,038




3. INVESTMENT PROPERTIES

	Investment
	Properties	Total
	£	£
Fair value
At 01/09/2024	2,489,643	2,489,643
Additions	732,859	732,859
Disposals	(358,206)	(358,206)
At 31/08/2025	2,864,296	2,864,296




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	6,722	-
PAYE control	2	2
Other creditors	262,083	448,548
Accruals	2,100	5,160
	270,907	453,710




5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (unsecured) >1yr	3,769	8,682
Bank loans (secured) >1yr	979,375	407,000
	983,144	415,682




7. PROVISIONS FOR LIABILITIES	2025	2024
	£	£
Deferred taxation	222,600	230,500
	222,600	230,500




6. EMPLOYEES

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




8. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	2	2
	2	2




9. CONTROLLING PARTY
The company is controlled by Mr A Weinberger, the director, by virtue of the fact that, together with his spouse, he holds 100% of the company's issued and called up, voting share capital.