REGISTERED NUMBER: 10767454 (England and Wales)

PCR Preston Properties Limited

Unaudited Financial Statements

for the Period 12 May 2017 to 30 September 2018

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Nick Preston

Richard Preston

SECRETARY:

REGISTERED OFFICE:

25 Frognall

Deeping St James

Peterborough

Cambridgeshire

PE6 8RR

REGISTERED NUMBER:

10767454 (England and Wales)

ACCOUNTANTS:

Haines Watts Peterborough Limited

32 Thorpe Wood

Thorpe Wood Business Park

Peterborough

Cambridgeshire

PE3 6SR

FIXED ASSETS

Tangible assets

5

188,125

CURRENT ASSETS

Cash at bank

1,786

CREDITORS

Amounts falling due within one year

6

186,460

NET CURRENT LIABILITIES

(184,674

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,451

RESERVES

Retained earnings

3,451

3,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 1 February 2019 and were signed on its behalf by:

Nick Preston - Director

1.	STATUTORY INFORMATION

PCR Preston Properties Ltd is a private limited company, limited by shares, registered in England and Wales. The

company's registered number and registered office address are as below:

Registered Number: 10767454

Registered office: 25 Frognall

Deeping St. James

Peterborough

Cambridgeshire

England

PE6 8RR

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of

financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

Additions

188,125

At 30 September 2018

188,125

NET BOOK VALUE

At 30 September 2018

188,125

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1

Taxation and social security

39,410

Other creditors

147,049

186,460