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PRESSCREDIT (CARDIFF) LIMITED
Registered number:05011252
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Statement of financial position
As at 30 June 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Notes
Presscredit Limited is a company incorporated in England and Wales under the Companies Act. The address of
the registered office is given on the Company Information page. The principal activity of the company is that of property investment.
Average number of employees
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The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
Directors' confirmations
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject
Page 1
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PRESSCREDIT (CARDIFF) LIMITED
Registered number:05011252
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Statement of financial position (continued)
As at 30 June 2025
to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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Judgements in applying accounting policies and key sources of estimation uncertainty
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In preparing these financial statements the directors have made judgements to determine whether there are indicators of impairment of the company's investment property. Factors taken into consideration include the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset.
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Interest payable and similar expenses
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