PR Homes Direct Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03836067

PR HOMES DIRECT LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

PR HOMES DIRECT LTD

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

PR HOMES DIRECT LTD

OFFICERS AND PROFESSIONAL ADVISERS

Director	G R Winslow

Registered office	168 Church Road
	Hove
	East Sussex
	BN3 2DL

Accountants	UHY Hacker Young
	Chartered Accountants
	168 Church Road
	Hove
	BN3 2DL

PR HOMES DIRECT LTD

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		54,263	72,351

Current assets

Stocks		1,444,012	1,444,012
Debtors	6	480,703	754,963
Cash at bank and in hand		87,227	138,000
		-------------	-------------
		2,011,942	2,336,975

Creditors: amounts falling due within one year	7	832,713		865,968
		-------------		-------------
Net current assets			1,179,229	1,471,007
			-------------	-------------
Total assets less current liabilities			1,233,492	1,543,358

Creditors: amounts falling due after more than one year	8	1,113,765	1,161,288
		-------------	-------------
Net assets		119,727	382,070
		-------------	-------------

PR HOMES DIRECT LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	119,627	381,970
	----------	----------
Shareholders funds	119,727	382,070
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 24 November 2025 , and are signed on behalf of the board by:

G R Winslow
Director

Company registration number: 03836067

PR HOMES DIRECT LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 168 Church Road, Hove, East Sussex, BN3 2DL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continuing support of the company's banker and director.

The director consider that the uncertainty caused in the company's industry as a result of Coronavirus and the restrictions put in place by the government should not materially affect the company's ability to continue as a going concern.

The company may take advantage of the support packages offered by the government, as appropriate and will continue to review and monitor costs as the situation develops.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024 and 31 March 2025	1,415	2,810	96,468	100,693
	-------	-------	---------	----------
Depreciation
At 1 April 2024	1,415	2,810	24,117	28,342
Charge for the year	–	–	18,088	18,088
	-------	-------	---------	----------
At 31 March 2025	1,415	2,810	42,205	46,430
	-------	-------	---------	----------
Carrying amount
At 31 March 2025	–	–	54,263	54,263
	-------	-------	---------	----------
At 31 March 2024	–	–	72,351	72,351
	-------	-------	---------	----------

6. Debtors

	2025	2024
	£	£
Trade debtors	10,000	277,000
Amounts owed by group undertakings and undertakings in which the company has a participating interest	417,849	417,849
Other debtors	52,854	60,114
	----------	----------
	480,703	754,963
	----------	----------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	353	5,706
Corporation tax	200	25,296
Social security and other taxes	11,777	7,121
Other creditors	820,383	827,845
	----------	----------
	832,713	865,968
	----------	----------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,038,485	1,071,879
Other creditors	75,280	89,409
	-------------	-------------
	1,113,765	1,161,288
	-------------	-------------

9. Director's advances, credits and guarantees

As at 31 March 2025 the company owed the director £803 (2024: £3,343).

10. Related party transactions

The company is controlled by the director by virtue of his shareholding in the company throughout the current and previous year.