Prodigy Holdings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10991209

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,058,052		3,056,464

			3,058,052		3,056,464
CURRENT ASSETS
Debtors	5	909,542		944,571
Cash at bank and in hand		16,982		31,974

		926,524		976,545
Creditors: Amounts Falling Due Within One Year	6	(888,360 )		(977,535 )

NET CURRENT ASSETS (LIABILITIES)			38,164		(990 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,096,216		3,055,474

Creditors: Amounts Falling Due After More Than One Year	7		(5,097,175 )		(4,928,399 )

NET LIABILITIES			(2,000,959 )		(1,872,925 )

CAPITAL AND RESERVES
Called up share capital	8		500		500
Profit and Loss Account			(2,001,459 )		(1,873,425 )

SHAREHOLDERS' FUNDS			(2,000,959)		(1,872,925)

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Prodigy Holdings Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Sameer Vaswani

Director

23rd July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Prodigy Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10991209 . The registered office is Studio 2-3 Priory House Cloisters Business Centre, 8 Battersea Park Road, London, SW8 4BG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	3 years straight line
Computer Equipment	25% on cost

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

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Prodigy Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	3,055,196	1,258	1,540	3,057,994
Additions	-	2,776	-	2,776

As at 31 October 2025	3,055,196	4,034	1,540	3,060,770

Depreciation
As at 1 November 2024	-	1,119	411	1,530
Provided during the period	-	385	803	1,188

As at 31 October 2025	-	1,504	1,214	2,718

Net Book Value
As at 31 October 2025	3,055,196	2,530	326	3,058,052

As at 1 November 2024	3,055,196	139	1,129	3,056,464

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	13,337	24,251
Amounts owed by group undertakings	886,654	886,654
Other debtors	9,551	33,666

	909,542	944,571

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,870	45,596
Bank loans and overdrafts	3,309	2,976
Other creditors	867,812	926,892
Taxation and social security	5,369	2,071

	888,360	977,535

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Prodigy Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	8,415	11,723
Other loans	5,088,760	4,916,676

	5,097,175	4,928,399

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	500	500

9. Related Party Transactions

As at the year end, the company had received a loan of £5,088,760 (2024: £4,916,676 from Pariwar Investments, a Company held by the director's offshore trust. The loan is interest-bearing (3.5%) and is repayable on demand.

As at the year end, the company was owed £886,654 (2024: £886,654) from Prodigy Snacks Limited, a company owned by two of the directors. This loan is unsecured, repayable on demand and non-interest bearing. Prodigy Snacks Limited is currently undergoing a liquidation process as of 14/06/24, the balance owed is subject to potential impairment due to the liquidation process.

As at the year end, and included in Other Creditors is £844,292 (2024: £904,292) owed to the directors. This loan is non-interest bearing and repayable on demand.

10. Ultimate Controlling Party

The company's ultimate controlling party is Mr Sameer Vaswani by virtue of his ownership of 55% of the issued share capital in the company.

11. Going Concern

As at the balance sheet date the company has net liabilities. These financial statements have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to support the company for the foreseeable future.

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