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Registration number: 10952885

Prince-Stone Property Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Prince-Stone Property Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Prince-Stone Property Ltd

Company Information

Directors | Ms Katryn Anne Prince Mr Mark Desmond Prince

Registered office | 8 Sycamore Close Fareham Hampshire PO14 4LH

Accountants | RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Prince-Stone Property Ltd

(Registration number: 10952885)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 326 | 992
Current assets |  |  |
Debtors | 5 | (1,393) | 240
Cash at bank and in hand |  | 466 | 379
|  | (927) | 619
Creditors: Amounts falling due within one year | 6 | (3,472) | (2,079)
Net current liabilities |  | (4,399) | (1,460)
Total assets less current liabilities |  | (4,073) | (468)
Creditors: Amounts falling due after more than one year | 6 | (21,072) | (13,996)
Net liabilities |  | (25,145) | (14,464)
Capital and reserves |  |  |
Called up share capital |  | 1,002 | 1,002
Retained earnings |  | (26,147) | (15,466)
Shareholders' deficit |  | (25,145) | (14,464)

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 March 2026 and signed on its behalf by:

......................................... Mr Mark Desmond Prince Director

Prince-Stone Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 Sycamore Close
Fareham
Hampshire
PO14 4LH

These financial statements were authorised for issue by the Board on 12 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and Fittings | 25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Prince-Stone Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2 | Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

Prince-Stone Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 October 2024 | 6,864 | 6,864
Additions | 74 | 74
At 30 September 2025 | 6,938 | 6,938
Depreciation
At 1 October 2024 | 5,872 | 5,872
Charge for the year | 740 | 740
At 30 September 2025 | 6,612 | 6,612
Carrying amount
At 30 September 2025 | 326 | 326
At 30 September 2024 | 992 | 992

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | (1,569) | -
Prepayments | 126 | 190
Other debtors | 50 | 50
| (1,393) | 240

6 | Creditors

Creditors: amounts falling due within one year

Prince-Stone Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

6 | Creditors (continued)

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 1,891 | 1,591
Taxation and social security |  | 347 | 254
Accruals and deferred income |  | 234 | 234
Other creditors |  | 1,000 | -
|  | 3,472 | 2,079

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 21,072 | 13,996

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 21,072 | 13,996