REGISTERED NUMBER: 10459194 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PRESTWOOD MANAGEMENT SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Higginbottom

Mrs J A Higginbottom

REGISTERED OFFICE:

90 High Street

Brownhills

Walsall

WS8 6EW

REGISTERED NUMBER:

10459194 (England and Wales)

ACCOUNTANTS:

Rice & Co (Brownhills) Limited

Chartered Accountants

90 High Street

Brownhills

Walsall

West Midlands

WS8 6EW

FIXED ASSETS

Tangible assets

4

738

984

Investment property

5

1,116,960

575,612

1,117,698

576,596

CURRENT ASSETS

Debtors

300

-

Cash at bank

13,871

9,065

14,171

9,065

CREDITORS

Amounts falling due within one year

1,049,930

517,268

NET CURRENT LIABILITIES

(1,035,759

)

(508,203

)

TOTAL ASSETS LESS CURRENT LIABILITIES

81,939

68,393

PROVISIONS FOR LIABILITIES

14,427

14,474

NET ASSETS

67,512

53,919

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

6

42,861

42,861

Retained earnings

24,551

10,958

SHAREHOLDERS' FUNDS

67,512

53,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

J L Higginbottom - Director

1.	STATUTORY INFORMATION

Prestwood Management Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when goods have been delivered to customers, or services completed, such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

4,141

DEPRECIATION

At 1 April 2025

3,157

Charge for year

246

At 31 March 2026

3,403

NET BOOK VALUE

At 31 March 2026

738

At 31 March 2025

984

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

575,612

Additions

541,348

At 31 March 2026

1,116,960

NET BOOK VALUE

At 31 March 2026

1,116,960

At 31 March 2025

575,612

Investment properties are included at fair value. The fair value of the company’s investment properties has been determined by the directors as at the balance sheet date.

Any gains or losses arising from changes in fair value are recognised in the profit and loss account in the period in which they arise.

6.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

42,861