PRESTIGE INVESTMENTS & SERVICES LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12785580

PRESTIGE INVESTMENTS & SERVICES LTD

Filleted Unaudited Financial Statements

31 August 2025

PRESTIGE INVESTMENTS & SERVICES LTD

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	559,373	559,373

Current assets

Cash at bank and in hand	2,243	10,343

Creditors: amounts falling due within one year	5	178,770	180,281
		---------	---------
Net current liabilities		176,527	169,938
		---------	---------
Total assets less current liabilities		382,846	389,435

Creditors: amounts falling due after more than one year	6	380,179	380,179
		---------	---------
Net assets		2,667	9,256
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	2,567	9,156
	-------	-------
Shareholders funds	2,667	9,256
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

PRESTIGE INVESTMENTS & SERVICES LTD

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 11 May 2026 , and are signed on behalf of the board by:

Mr C S Kumar

Director

Company registration number: 12785580

PRESTIGE INVESTMENTS & SERVICES LTD

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 46 The Ridgeway, North Harrow, Middlesex, HA2 7QN, UK.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

4. Tangible assets

	Freehold property
	£
Cost
At 1 September 2024 and 31 August 2025	559,373
	---------
Depreciation
At 1 September 2024 and 31 August 2025	–
	---------
Carrying amount
At 31 August 2025	559,373
	---------
At 31 August 2024	559,373
	---------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	48
Other creditors	178,770	180,233
	---------	---------
	178,770	180,281
	---------	---------

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	380,179	380,179
	---------	---------

The mortgage of £380,179 (2024 - £380,179) is secured by a fixed charge over the company's property and negative pledge.