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REGISTERED NUMBER: 08331456 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Prime Retirement Solutions Limited

Prime Retirement Solutions Limited (Registered number: 08331456)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Prime Retirement Solutions Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr I S Painter





REGISTERED OFFICE: Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 08331456 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Prime Retirement Solutions Limited (Registered number: 08331456)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
CURRENT ASSETS
Debtors 5 213,533 1,458,024
Cash at bank 20,487 38,954
234,020 1,496,978
CREDITORS
Amounts falling due within one year 6 139,328 39,154
NET CURRENT ASSETS 94,692 1,457,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,692

1,457,824

CREDITORS
Amounts falling due after more than one year 7 24,946 34,837
NET ASSETS 69,746 1,422,987

CAPITAL AND RESERVES
Called up share capital 225 225
Retained earnings 69,521 1,422,762
69,746 1,422,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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 director and authorised for issue on 31 October 2023 and were signed by:





Mr I S Painter - Director


Prime Retirement Solutions Limited (Registered number: 08331456)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Prime Retirement Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 March 2022 10,205
Disposals (10,205 )
At 28 February 2023 -
DEPRECIATION
At 1 March 2022 10,205
Eliminated on disposal (10,205 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 -

5. DEBTORS
28.2.23 28.2.22
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings - 1,457,822
Other debtors - 202
- 1,458,024

Prime Retirement Solutions Limited (Registered number: 08331456)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS - continued
28.2.23 28.2.22
£    £   
Amounts falling due after more than one year:
Other debtors 213,533 -

Aggregate amounts 213,533 1,458,024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 9,890 9,646
Trade creditors 42 105
Taxation and social security 124,396 29,403
Other creditors 5,000 -
139,328 39,154

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 24,946 34,837