Company Registration No. 09320585 (England and Wales)
Prime Build (London) Limited
Unaudited accounts
for the year ended 30 November 2022
Prime Build (London) Limited
Unaudited accounts
Contents
Prime Build (London) Limited
Company Information
for the year ended 30 November 2022
Company Number
09320585 (England and Wales)
Registered Office
76 NEW KINGS ROAD
LONDON
SW6 4LT
Prime Build (London) Limited
Statement of financial position
as at
30 November 2022
Tangible assets
603,121
611,900
Cash at bank and in hand
1,234,126
650,392
Creditors: amounts falling due within one year
(231,414)
(116,360)
Net current assets
1,002,712
534,032
Total assets less current liabilities
1,605,833
1,145,932
Creditors: amounts falling due after more than one year
-
(15,311)
Net assets
1,605,833
1,130,621
Called up share capital
100
100
Profit and loss account
1,605,733
1,130,521
Shareholders' funds
1,605,833
1,130,621
For the year ending 30 November 2022 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 director acknowledges his 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 and authorised for issue on 28 March 2023 and were signed on its behalf by
Thomas M Tighe
Director
Company Registration No. 09320585
Prime Build (London) Limited
Notes to the Accounts
for the year ended 30 November 2022
Prime Build (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 09320585. The registered office is 76 NEW KINGS ROAD, LONDON, SW6 4LT.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2021
564,043
71,188
635,231
Additions
-
29,154
29,154
Disposals
-
(29,356)
(29,356)
At 30 November 2022
564,043
70,986
635,029
At 1 December 2021
-
23,331
23,331
Charge for the year
-
8,577
8,577
At 30 November 2022
-
31,908
31,908
At 30 November 2022
564,043
39,078
603,121
At 30 November 2021
564,043
47,857
611,900
Prime Build (London) Limited
Notes to the Accounts
for the year ended 30 November 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
116,289
102,449
Other creditors
4,000
5,750
6
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
-
15,311
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).