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Company Registration No. 12776027 (England and Wales)
Prospero Houses Ltd Unaudited accounts for the year ended 31 May 2025
Prospero Houses Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Prospero Houses Ltd Company Information for the year ended 31 May 2025
Directors
Donna Marie Pegg Ashley Marc Stevenson Gemma Louise Stevenson
Company Number
12776027 (England and Wales)
Registered Office
126 BUXTON CRESCENT BROUGHTON ASTLEY LEICESTER LE9 6TD ENGLAND
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Prospero Houses Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,533
12,390
Investment property
5
935,000
935,000
939,533
947,390
Current assets
Debtors
6
184,949
184,949
Cash at bank and in hand
7,091
4,518
192,040
189,467
Creditors: amounts falling due within one year
7
(180,256)
(184,110)
Net current assets
11,784
5,357
Total assets less current liabilities
951,317
952,747
Creditors: amounts falling due after more than one year
8
(683,895)
(683,799)
Net assets
267,422
268,948
Capital and reserves
Share premium
100
100
Revaluation reserve
271,940
271,940
Profit and loss account
(4,618)
(3,092)
Shareholders' funds
267,422
268,948
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 11 February 2026 and were signed on its behalf by
Donna Marie Pegg Director Company Registration No. 12776027
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Prospero Houses Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Prospero Houses Ltd is a private company, limited by shares, registered in England and Wales, registration number 12776027. The registered office is 126 BUXTON CRESCENT, BROUGHTON ASTLEY, LEICESTER, LE9 6TD, ENGLAND.
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:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 June 2024
16,520
Disposals
(6,347)
At 31 May 2025
10,173
Depreciation
At 1 June 2024
4,130
Charge for the year
3,097
On disposals
(1,587)
At 31 May 2025
5,640
Net book value
At 31 May 2025
4,533
At 31 May 2024
12,390
5
Investment property
2025
£
Fair value at 1 June 2024
935,000
At 31 May 2025
935,000
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Prospero Houses Ltd Notes to the Accounts for the year ended 31 May 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
184,949
184,949
7
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
179,536
183,390
Accruals
720
720
180,256
184,110
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
683,895
683,799
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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