Prestige Covers Limited

	Registered number
	09736102

	Prestige Covers Limited
	Unaudited Accounts
	for the period
	1 December 2024 to 29 November 2025

Prestige Covers Limited Balance Sheet as at 29 November 2025
	Notes		2025 £		2024 £
Fixed assets
Tangible assets	3		0		27,935
			0		27,935

Current assets
Cash at bank and in hand		8,760		8,089
		8,760		8,089

Creditors: amounts falling due within one year	4	(31,838)		(28,618)

Net current assets / (liabilities)			(23,078)		(20,529)

Total assets less current liabilities			(23,078)		7,406

Creditors: amounts falling due after more than one year	5		(16,980)		(17,961)

Provisions for liabilities	6		(1,245)		(1,494)

Total net assets (liabilities)			(41,303)		(12,049)

Capital and reserves
Called up share capital	7		1		1
Profit and loss account			(41,304)		(12,050)
Shareholders' funds			(41,303)		(12,049)

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 29 November 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr S Taylor-Chisholm

Director

Approved by the board on 22 September 2026

Company Number: 09736102 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

76 Dataller Drive
Hazlerigg
Newcastle Upon Tyne
NE13 7FZ
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The accounts have not been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future. The company has ceased trading.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Buildings	5% Straight Line
Plant & machinery	10% Straight Line

	Deferred taxation
	Taxation represents the sum of tax currently payable and deferred tax. Current tax is calculated using tax rates that have been enacted or substantially enacted at the end of the reporting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of part of the asset to be recovered.

Deferred taxation

Taxation represents the sum of tax currently payable and deferred tax. Current tax is calculated using tax rates that have been enacted or substantially enacted at the end of the reporting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of part of the asset to be recovered.

	Foreign currencies
	Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.

Foreign currencies

Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.

	Financial instruments
	Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.

Employees
	2025	2024
Average number of employees during the period	0	0

Tangible fixed assets
	Buildings	Plant & machinery	Total
Cost or valuation	£	£	£
At 1 December 2024	32,610	13,110	45,720
Disposals	(32,610)	(13,110)	(45,720)
Depreciation
At 1 December 2024	12,541	5,244	17,785
Charge for the period	1,631	1,311	2,942
On disposals	(14,172)	(6,555)	(20,727)
At 29 November 2025	0	0	0
Net book value
At 29 November 2025	0	0	0
At 30 November 2024	20,069	7,866	27,935

Creditors: amounts falling due within one year
	2025	2024
	£	£
Bank Loans & Overdrafts	1,539	1,539
Trade creditors	5,084	4,578
Other creditors	25,215	22,501
	31,838	28,618

Creditors: amounts falling due after one year
	2025	2024
	£	£
Bank Loans & overdrafts	16,980	17,961
	16,980	17,961

Provisions
	2025	2024
	£	£
Deferred tax	1,245	1,494
	1,245	1,494

Share capital
	2025	2024
	£	£
Allotted, called up and fully paid:
1 (2024: 1) Ordinary shares of £1.00 each	1	1

	1	1

Borrowings
	2025	2024
Creditors repayable in more than five years:	£	£
Total instalment payments due	4,392	5,931
Total	4,392	5,931