Priory Hill Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00502373

PRIORY HILL LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

PRIORY HILL LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		740,604	747,233

CURRENT ASSETS

Stocks		57,022	96,368
Debtors	6	1,147,780	1,170,904
Cash at bank and in hand		315,527	118,017
		-------------	-------------
		1,520,329	1,385,289

CREDITORS: amounts falling due within one year	7	351,640		266,114
		-------------		-------------
NET CURRENT ASSETS			1,168,689	1,119,175
			-------------	-------------
TOTAL ASSETS LESS CURRENT LIABILITIES			1,909,293	1,866,408

CREDITORS: amounts falling due after more than one year	8	373,677	373,677
		-------------	-------------
NET ASSETS		1,535,616	1,492,731
		-------------	-------------

CAPITAL AND RESERVES

Called up share capital	15,000	15,000
Share premium account	1,075	1,075
Capital redemption reserve	13,065	13,065
Profit and loss account	1,506,476	1,463,591
	-------------	-------------
SHAREHOLDERS FUNDS	1,535,616	1,492,731
	-------------	-------------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

PRIORY HILL LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 16 July 2026 , and are signed on behalf of the board by:

Mr DJ Lawrence

Director

Company registration number: 00502373

PRIORY HILL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 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 3 High Street, St Lawrence, Ramsgate, Kent, CT11 0QL.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	10% reducing balance

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 persons employed by the company during the year amounted to 43 (2024: 43 ).

5. TANGIBLE ASSETS

	Freehold property	Long leasehold property	Plant and machinery	Total
	£	£	£	£
Cost
At 1 January 2025	504,837	38,541	928,079	1,471,457
Additions	–	–	19,567	19,567
	----------	---------	----------	-------------
At 31 December 2025	504,837	38,541	947,646	1,491,024
	----------	---------	----------	-------------
Depreciation
At 1 January 2025	–	38,541	685,683	724,224
Charge for the year	–	–	26,196	26,196
	----------	---------	----------	-------------
At 31 December 2025	–	38,541	711,879	750,420
	----------	---------	----------	-------------
Carrying amount
At 31 December 2025	504,837	–	235,767	740,604
	----------	---------	----------	-------------
At 31 December 2024	504,837	–	242,396	747,233
	----------	---------	----------	-------------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	65,617	74,902
Other debtors	1,082,163	1,096,002
	-------------	-------------
	1,147,780	1,170,904
	-------------	-------------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	242,325	242,889
Corporation tax	109,315	23,225
	----------	----------
	351,640	266,114
	----------	----------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	373,677	373,677
	----------	----------

9. RELATED PARTY TRANSACTIONS

The Company is involved with the Shareholders in a Caravan Site, trading as Nutts Farm (Partnership). The Company is the majority investor and receives a distribution of profits annually.