1 April 2024 false No description of principal activity Taxfiler 2024.6 13028351 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13028351 2024-03-31 13028351 2024-04-01 2025-03-31 13028351 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13028351 business:FilletedAccounts 2024-04-01 2025-03-31 13028351 2025-03-31 13028351 business:Director1 2024-04-01 2025-03-31 13028351 2024-03-31 13028351 core:WithinOneYear 2025-03-31 13028351 core:WithinOneYear 2024-03-31 13028351 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 13028351 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 13028351 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 13028351 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 13028351 core:PreviouslyStatedAmount 2025-03-31 13028351 core:PreviouslyStatedAmount 2024-03-31 13028351 business:SmallEntities 2024-04-01 2025-03-31 13028351 countries:EnglandWales 2024-04-01 2025-03-31 13028351 core:FurnitureFittings 2024-03-31 13028351 core:FurnitureFittings 2025-03-31 13028351 core:FurnitureFittings 2024-04-01 2025-03-31 13028351 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13028351 (England and Wales)
Prestwich Invest Ltd Unaudited accounts for the year ended 31 March 2025
Prestwich Invest Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Prestwich Invest Ltd Company Information for the year ended 31 March 2025
Director
Hammad HUSSAIN
Company Number
13028351 (England and Wales)
- 3 -
Prestwich Invest Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,680
9,600
Current assets
Cash at bank and in hand
1,781
2,567
Creditors: amounts falling due within one year
5
(13,216)
(16,061)
Net current liabilities
(11,435)
(13,494)
Net liabilities
(3,755)
(3,894)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(3,756)
(3,895)
Shareholders' funds
(3,755)
(3,894)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 December 2025 and were signed on its behalf by
Hammad HUSSAIN Director Company Registration No. 13028351
- 4 -
Prestwich Invest Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Prestwich Invest Ltd is a private company, limited by shares, registered in England and Wales, registration number 13028351.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
15,000
At 31 March 2025
15,000
Depreciation
At 1 April 2024
5,400
Charge for the year
1,920
At 31 March 2025
7,320
Net book value
At 31 March 2025
7,680
At 31 March 2024
9,600
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
133
-
Loans from directors
12,513
16,061
Accruals
570
-
13,216
16,061
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 5 -