Company Registration No. SC600893 (Scotland)
Praesidio Limited
Unaudited accounts
for the year ended 30 June 2020
Praesidio Limited
Unaudited accounts
Contents
Praesidio Limited
Company Information
for the year ended 30 June 2020
Directors
Mr Jeffrey Robinson
Mr James McLean
Mr Robert Lee Diver
Secretary
BURNETT & REID LLP
Company Number
SC600893 (Scotland)
Registered Office
15 GOLDEN SQUARE
ABERDEEN
Aberdeenshire
AB10 1WF
SCOTLAND
Praesidio Limited
Statement of financial position
as at
30 June 2020
Cash at bank and in hand
6,405
1,238
Creditors: amounts falling due within one year
(17,119)
(10,055)
Net current assets
344
7,220
Called up share capital
100
100
Profit and loss account
344
7,220
Shareholders' funds
444
7,320
For the year ending 30 June 2020 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2020 and were signed on its behalf by
Mr Jeffrey Robinson
Director
Company Registration No. SC600893
Praesidio Limited
Notes to the Accounts
for the year ended 30 June 2020
Praesidio Limited is a private company, limited by shares, registered in Scotland, registration number SC600893. The registered office is 15 GOLDEN SQUARE, ABERDEEN, Aberdeenshire, AB10 1WF, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 July 2019
100
Valuation at 30 June 2020
100
Trade debtors
5,280
10,107
Accrued income and prepayments
1,396
-
Other debtors
4,382
5,930
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
1,211
3,293
Loans from directors
12,311
6,179
7
Average number of employees
During the year the average number of employees was 3 (2019: 3).