Registration number: 16215562

PRW ESTATES LTD

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

PRW ESTATES LTD

Statement of Financial Position as at 31 January 2026

	Note	2026 £
Fixed assets
Goodwill	4	29,700
Tangible assets	5	16,906
Current assets
Debtors	6	1,924
Cash at bank and in hand		33,509
		35,433
Creditors: Amounts falling due within one year	7	(20,440)
Net current assets		14,993
Total assets less current liabilities		61,599
Creditors: Amounts falling due after more than one year	7	64,779
Net liabilities		(3,180)
Capital and reserves
Called up share capital		3
Retained earnings		(3,183)
Shareholders' deficit		(3,180)

For the financial period ending 31 January 2026 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 accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 20 July 2026 and signed on its behalf by:
 

......................................... Miss Melissa Jayne Price Director

PRW ESTATES LTD

Statement of Financial Position as at 31 January 2026

......................................... Mrs Laura Nancy Robinson Director

......................................... Miss Sara Louise Williams Director

(Registration number: 16215562)

PRW ESTATES LTD

Notes to the Unaudited Financial Statements for the Period from 29 January 2025 to 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Bethcar Street
Ebbw Vale
Gwent
NP23 6HH

These financial statements were authorised for issue by the Board on 20 July 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Lease	Over the remaining term of the lease
Fixtures & Fittings	20% straight line
Office Equipment	25% straight line

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

PRW ESTATES LTD

Notes to the Unaudited Financial Statements for the Period from 29 January 2025 to 31 January 2026

Asset class	Amortisation method and rate
Goodwill	10% straight line

Defined contribution pension obligation

Contributions to defined contribution plans are recognised as employee benefit expense when they are due.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4.

PRW ESTATES LTD

Notes to the Unaudited Financial Statements for the Period from 29 January 2025 to 31 January 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	33,000	33,000
At 31 January 2026	33,000	33,000
Amortisation
Amortisation charge	3,300	3,300
At 31 January 2026	3,300	3,300
Carrying amount
At 31 January 2026	29,700	29,700

5	Tangible assets

	Short leasehold land and buildings £	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
Additions	11,000	2,000	9,000	22,000
At 31 January 2026	11,000	2,000	9,000	22,000
Depreciation
Charge for the period	2,444	400	2,250	5,094
At 31 January 2026	2,444	400	2,250	5,094
Carrying amount
At 31 January 2026	8,556	1,600	6,750	16,906

6

Debtors

Current	2026 £
Trade debtors	410
Other debtors	1,514
	1,924

7

Creditors

Creditors: amounts falling due within one year

PRW ESTATES LTD

Notes to the Unaudited Financial Statements for the Period from 29 January 2025 to 31 January 2026

	Note	2026 £
Due within one year
Loans and borrowings		3,042
Trade creditors		5,539
Taxation and social security		10,689
Accruals and deferred income		1,170
		20,440

Creditors: amounts falling due after more than one year

	Note	2026 £
Due after one year
Loans and borrowings		64,779