Prem Apart (Bath) Limited iXBRL

Company Registration Number: SC725533

Prem Apart (Bath) Limited

ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

PREM APART (BATH) LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	Stephen Loftus
	Paul Dempsey


Company Secretary	Stephen Loftus


Company Registration Number	SC725533


Registered Office and Business Address	Olympic House
	136-148 Queen Street
	Glasgow
	G1 3BX
	United Kingdom


Independent Auditors	Kieran Ryan & Co.
	Chartered Accountants and Statutory Audit Firm
	20 Upper Mount Street
	Dublin 2
	Republic of Ireland


Bankers	HSBC
	99-101 Lord Street
	Liverpool
	United Kingdom

PREM APART (BATH) LIMITED

Company Registration Number: SC725533

ABRIDGED BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors	259	259
Cash and cash equivalents	657	807
	─────────	─────────
	916	1,066
	─────────	─────────
Creditors: amounts falling due within one year	(11,965)	(8,705)
	─────────	─────────
Net Current Liabilities	(11,049)	(7,639)
	─────────	─────────
Total Assets less Current Liabilities	(11,049)	(7,639)
	═════════	═════════

Capital and Reserves

Called up share capital	100	100
Retained earnings	(11,149)	(7,739)
	─────────	─────────
Equity attributable to owners of the company	(11,049)	(7,639)
	═════════	═════════

The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

Approved by the Board and authorised for issue on 10 September 2026 and signed on its behalf by

Stephen Loftus

Director

Paul Dempsey

Director

PREM APART (BATH) LIMITED

STATEMENT OF CHANGES IN EQUITY

AS AT 31 DECEMBER 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2024	100	(4,341)	(4,241)
	─────────	─────────	─────────
Loss for the financial year	-	(3,398)	(3,398)
	─────────	─────────	─────────
At 31 December 2024	100	(7,739)	(7,639)
	─────────	─────────	─────────
Loss for the financial year	-	(3,410)	(3,410)
	─────────	─────────	─────────
At 31 December 2025	100	(11,149)	(11,049)
	═════════	═════════	═════════

PREM APART (BATH) LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

General Information

Prem Apart (Bath) Limited is a company limited by shares incorporated and registered in the Scotland. The registered number of the company is SC725533. The registered office of the company is Olympic House, 136-148 Queen Street, Glasgow, G1 3BX, United Kingdom which is also the principal place of business of the company. Prem Apart (Bath) Limited are specialists in managing and letting serviced apartments with a portfolio of properties in UK. The company aims to ensure maximum possible return on investment for shareholders. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Balance Sheet bank overdrafts are shown within Creditors.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Going concern

At the Balance Sheet date, the company had net liabilities of £11,049. The group will continue to provide financial support if required and, on this basis, the directors have a reasonable expectation that the company can meet its liabilities as they fall due. For the above reasons, the directors continue to adopt the going concern basis in preparing the financial statements.

INFORMATION RELATING TO THE AUDITOR'S REPORT

The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.

The financial statements were audited by Kieran Ryan & Co..

The Auditor's Report was signed by Jonathan Bennett (Senior Statutory Auditor) for and on behalf of Kieran Ryan & Co. on 10th September 2026.

Provisions Available for Audits of Small Entities

In common with many other businesses of our size and nature, we use our auditors to prepare and submit tax returns to His Majesty's Revenue and Customs and to assist with the preparation of the financial statements.

Employees

The average monthly number of employees, including directors, during the financial year was 0, (2024 - 0).

Capital commitments

The company had no material capital commitments at the financial year-ended 31 December 2025.

Parent company

The company regards FRO III Cedar Acquisitions Limited as its parent company. The companys ultimate parent undertaking is FRO III Cedar Holdings LP. The address of FRO III Cedar Holdings LP is Cayman Islands.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.

10.

Approval of financial statements

The financial statements were approved and authorised for issue by the board of directors on 10 September 2026.