2024-04-01 06040771 2025-03-31 06040771 2024-04-01 2025-03-31 06040771 2024-03-31 06040771 2023-04-01 2024-03-31 06040771 uk-core:WithinOneYear 2024-03-31 06040771 uk-core:WithinOneYear 2025-03-31 06040771 uk-core:AfterOneYear 2024-03-31 06040771 uk-core:AfterOneYear 2025-03-31 06040771 uk-core:ShareCapital 2025-03-31 06040771 uk-core:ShareCapital 2024-03-31 06040771 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 06040771 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 06040771 uk-bus:Director1 2024-04-01 2025-03-31 06040771 uk-core:PlantMachinery 2024-04-01 2025-03-31 06040771 uk-core:FurnitureFittings 2024-03-31 06040771 uk-core:PlantMachinery 2024-03-31 06040771 uk-core:PlantMachinery 2025-03-31 06040771 uk-core:FurnitureFittings 2025-03-31 06040771 uk-core:FurnitureFittings 2024-04-01 2025-03-31 06040771 uk-core:AfterOneYear uk-core:Secured 2025-03-31 06040771 uk-core:AfterOneYear uk-core:Secured 2024-03-31 iso4217:GBP xbrli:pure 06040771 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06040771 uk-bus:FRS102 2024-04-01 2025-03-31 06040771 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 06040771 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31

Preference Trusts and Wills Limited

Registered Number:06040771

For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements

2
For the year ended 31 March 2025
Preference Trusts and Wills Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3

Registered Number :

06040771

As at 31 March 2025

Preference Trusts and Wills Limited
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Property, plant and equipment

41
50
2
41
50

Current assets

Trade and other receivables

6,698
680
3
1,391

Cash and cash equivalents

134
814
8,089

Trade and other payables: amounts falling due within one
year

(3,497)
(12,997)
4
4,592
(12,183)
Net current liabilities

Total assets less current liabilities

(12,142)
4,642

Trade and other payables: amounts falling due after more
than one year

(3,417)
(6,433)
5
(18,575)
Net assets/liabilities
1,225

Capital and reserves

Called up share capital

102
102

Retained earnings

(18,677)
1,123
(18,575)
1,225
Shareholders' funds

For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Andrew Williams Director

These financial statements were approved and authorised for issue by the Board on 04 December 2025 and were signed by:

The notes form part of these financial statements

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4
For the year ended 31 March 2025
Preference Trusts and Wills Limited
Notes to the Financial Statements
Statutory Information

Preference Trusts and Wills Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06040771.

Principal place of business:

Innovation Centre
Highfield Drive
St Leonards on Sea
East Sussex
TN38 9UH

Registered address:

2-6 Sedlescombe Road North
St. Leonards-On-Sea
East Sussex
TN37 7DG

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

18 Reducing balance

2. Property, plant and equipment

Total

Fixtures and
fittings

Plant and
machinery

£

£

£

Cost or
valuation

At 01 April 2024

6,174
1,030
5,144

At 31 March 2025

5,144
1,030
6,174

Provision for depreciation and impairment

At 01 April 2024

6,124
1,030
5,094
Charge for year
9
-
9

At 31 March 2025

6,133
1,030
5,103

At 31 March 2025

Net book value

41
-
41

At 31 March 2024

50
-
50
2 of 3
5
For the year ended 31 March 2025
Preference Trusts and Wills Limited
Notes to the Financial Statements Continued

3. Trade and other receivables

2024
2025

£

£

Other debtors

680
6,698

4. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Taxation and social security

6,165
3,497

Other creditors

6,832
-
12,997
3,497

5. Trade and other payables: amounts falling due after more than one year

2024
2025

£

£

Bank loans and overdraft

6,433
3,417

6. Average number of persons employed

During the year the average number of employees was 3 (2024 : 3)
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