19 false false false false false false false false false false true false false false false false false No description of principal activity 2024-09-14 Sage Accounts Production Advanced 2025 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP 15956440 2024-09-14 2025-09-30 15956440 2025-09-30 15956440 2024-09-13 15956440 bus:Director1 2024-09-14 2025-09-30 15956440 bus:Director2 2024-09-14 2025-09-30 15956440 core:WithinOneYear 2025-09-30 15956440 core:ShareCapital 2025-09-30 15956440 core:RetainedEarningsAccumulatedLosses 2025-09-30 15956440 bus:Director2 2025-09-30 15956440 bus:SmallEntities 2024-09-14 2025-09-30 15956440 bus:AuditExemptWithAccountantsReport 2024-09-14 2025-09-30 15956440 bus:SmallCompaniesRegimeForAccounts 2024-09-14 2025-09-30 15956440 bus:PrivateLimitedCompanyLtd 2024-09-14 2025-09-30 15956440 bus:FullAccounts 2024-09-14 2025-09-30
COMPANY REGISTRATION NUMBER: 15956440

Preston Trading Ltd

Unaudited financial statements

30 September 2025

Preston Trading Ltd

Statement of financial position

30 September 2025

| 30 Sep 25
Note | £ | £

Current assets

Stocks | 35,519 |
Debtors | 5 | 9,194 |
Cash at bank and in hand | 257,249 |
| --------- |
| 301,962 |

Prepayments and accrued income | 8,094 |

Creditors: Amounts falling due within one year | 6 | ( 419,936) |
| --------- |
Net current liabilities |  | ( 109,880)
|  | ---------
Total assets less current liabilities |  | ( 109,880)

Accruals and deferred income |  | ( 99,371)
|  | ---------
Net liabilities |  | ( 209,251)
|  | ---------

Capital and reserves

Called up share capital |  | 10
Profit and loss account |  | ( 209,261)
|  | ---------
Shareholders deficit |  | ( 209,251)
|  | ---------

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 income statement has not been delivered.
For the period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 June 2026 , and are signed on behalf of the board by:

Mr E Lok |
Director |

Company registration number: 15956440

Preston Trading Ltd

Notes to the financial statements

Period from 14 September 2024 to 30 September 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 Unit 5 Cosmo House, 53 Wood Street, Barnet, EN5 4BS, England.
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. 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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Employee numbers
The average number of employees during the period was 19 .
5. Debtors

| 30 Sep 25
| £
Trade debtors | 5,613
Other debtors | 3,581
| ------
| 9,194
| ------

6. Creditors: Amounts falling due within one year

| 30 Sep 25
| £
Trade creditors | 316,303
Social security and other taxes | 102,486
Other creditors | 1,147
| ---------
| 419,936
| ---------

7. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:

| 30 Sep 25
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| The Director | – | 10 | 10
|  | ---- | ---- | ----

No interest was charged on the above director's advances in the current period.