Company Registration No. 15270287 (England and Wales)
Prescott Pullen Property Ltd
Unaudited accounts
for the year ended 30 November 2025
Prescott Pullen Property Ltd
Unaudited accounts
Contents
Prescott Pullen Property Ltd
Company Information
for the year ended 30 November 2025
Company Number
15270287 (England and Wales)
Accountants
Acer Accounts Chartered Accountants (ICAEW)
4 Acer Crescent
Almondsbury
BS32 4FL
Prescott Pullen Property Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
1,038,585
128,462
Cash at bank and in hand
15,079
49,194
Creditors: amounts falling due within one year
(762,527)
(124,037)
Net current liabilities
(724,310)
(72,651)
Total assets less current liabilities
314,275
55,811
Creditors: amounts falling due after more than one year
(104,970)
(109,057)
Provisions for liabilities
Net assets/(liabilities)
157,276
(53,246)
Called up share capital
2
2
Fair value reserve
260,151
-
Profit and loss account
(102,877)
(53,248)
Shareholders' funds
157,276
(53,246)
For the year ending 30 November 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2026 and were signed on its behalf by
Callum Prescott
Director
Company Registration No. 15270287
Prescott Pullen Property Ltd
Notes to the Accounts
for the year ended 30 November 2025
Prescott Pullen Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15270287.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 1 December 2024
128,462
At 30 November 2025
1,038,585
At 30 November 2025
1,038,585
At 30 November 2024
128,462
Amounts falling due within one year
Amounts due from group undertakings etc.
21,737
-
Amounts falling due after more than one year
Prescott Pullen Property Ltd
Notes to the Accounts
for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
762,127
123,637
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
39,697
44,827
Loans from directors
65,273
64,230
8
Deferred taxation
2025
2024
Revaluation of investment property
52,029
-
Charged to the profit and loss account
52,029
-
Provision at end of year
52,029
-
Deferred tax is provided in full on temporary differences using the tax rates (20%) expected to apply at the time of disposal
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).