Contents of the Financial Statements

for the Period Ended 25 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 25 March 2025

The directors present their report with the financial statements of the company for the period ended 25 March 2025

Directors

The directors shown below have held office during the whole of the period from
26 March 2024 to 25 March 2025

Marie Annette Thereze Figueiredo
Dr Charlotte Franson
Jeremy David Harwood
John Martin Nestor
Giles Timothy Ramsey

The director shown below has held office during the period of
26 March 2024 to 6 December 2024

Maya Rachel Barahona

The director shown below has held office during the period of
26 March 2024 to 27 November 2024

Noel Bennett

The director shown below has held office during the period of
13 May 2024 to 25 March 2025

Christopher Gibbons

The director shown below has held office during the period of
12 April 2024 to 25 March 2025

Miss Eleanor Mahmoud

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 December 2025

And signed on behalf of the board by:
Name: Prior Estates Limited
Status: Secretary

Profit And Loss Account

for the Period Ended 25 March 2025

	2025	2024
	£	£
Turnover:	100	2,345
Cost of sales:	0	0
Gross profit(or loss):	100	2,345
Distribution costs:	0	0
Administrative expenses:	( 1,754 )	( 1,109 )
Other operating income:	0	700
Operating profit(or loss):	(1,654)	1,936
Interest receivable and similar income:	97	93
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	(1,557)	2,029
Tax:	0	( 386 )
Profit(or loss) for the financial year:	(1,557)	1,643

Balance sheet

As at 25 March 2025

	Notes	2025	2024
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	62,539	62,539
Investments:		0	0
Total fixed assets:		62,539	62,539
Current assets
Stocks:		0	0
Debtors:	4	52,244	53,706
Cash at bank and in hand:		0	0
Investments:		0	0
Total current assets:		52,244	53,706
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 2,280 )	( 2,185 )
Net current assets (liabilities):		49,964	51,521
Total assets less current liabilities:		112,503	114,060
Creditors: amounts falling due after more than one year:	6	( 82,669 )	( 82,669 )
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		29,834	31,391
Capital and reserves
Called up share capital:		22	22
Share premium account:		0	0
Other reserves:		0	0
Profit and loss account:		29,812	31,369
Total Shareholders' funds:		29,834	31,391

The notes form part of these financial statements

Balance sheet statements

For the year ending 25 March 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 25 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover relates to the collection of ground rents and sundry income.

  Tangible fixed assets depreciation policy

  The directors have not provided depreciation on the company’s freehold property and are taking advantage of the true and fair override, departing from the prescribed treatment in S17 of FRS 102, which requires all tangible fixed assets to be depreciated over their estimated economic lives. This is necessary to give a true and fair view as the value of the freehold is in excess of the book cost of the land and buildings included in these financial statements Freehold Leasehold property is stated at historic cost and the directors do not consider it appropriate to provide for depreciation as noted above.

  Other accounting policies

  Basis of preparation of financial statements Critical accounting estimates and areas of judgement Going concern Financial instruments Debtors Cash and cash equivalents Creditors Taxation

Notes to the Financial Statements

for the Period Ended 25 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	8	7