REGISTERED NUMBER: 05225302 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

PRESTIGE CONSTRUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Hussain

SECRETARY:

Mr M Hussain

REGISTERED OFFICE:

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

REGISTERED NUMBER:

05225302 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

4

93

123

CURRENT ASSETS

Stocks

3,446,801

3,433,811

Debtors

5

714,954

750,832

Cash at bank and in hand

9,905

8,432

4,171,660

4,193,075

CREDITORS

Amounts falling due within one year

6

1,905,779

1,883,180

NET CURRENT ASSETS

2,265,881

2,309,895

TOTAL ASSETS LESS CURRENT LIABILITIES

2,265,974

2,310,018

CREDITORS

Amounts falling due after more than one year

7

2,267,042

2,257,500

NET (LIABILITIES)/ASSETS

(1,068

)

52,518

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

(1,118

)

52,468

SHAREHOLDERS' FUNDS

(1,068

)

52,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2026 and were signed by:

Mr M Hussain - Director

1.	STATUTORY INFORMATION

Prestige Constructions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents rents receivable and sales of properties, net of value added tax where applicable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Stocks

Stocks being properties developed or held for sale are valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Finance charges

Finance charges and associated fees on arranging bank loans are deferred and charged to the profit and loss account over the life of the loan.

Going concern

The accounts have been prepared on a going concern basis however the company's ability to continue to trade is reliant on the continued support of the director and related companies.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

1,574

7,797

9,371

DEPRECIATION

At 1 December 2024

1,563

7,685

9,248

Charge for year

2

28

30

At 30 November 2025

1,565

7,713

9,278

NET BOOK VALUE

At 30 November 2025

9

84

93

At 30 November 2024

11

112

123

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,384

27,002

Other debtors

7,249

57,517

Due from related company

667,044

639,235

VAT

1,705

-

Prepayments

32,572

27,078

714,954

750,832

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,170

9,955

VAT

-

208

Due to related companies

1,336,013

1,320,982

Directors current account

540,090

550,070

Accruals and deferred income

18,506

1,965

1,905,779

1,883,180

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

2,267,042

2,257,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,267,042

2,257,500

Loans from the bank are secured by fixed and floating charges over all the undertakings and property of the company including all the physical real estate owned by the company.

The bank have also been provided with security by way of charges over property owned by Mr M Hussain, a director of the company and by Cosmopolitan Property Developments Limited, a company in which Mr M Hussain is director and shareholder.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Hussain.