Company Registration No. 10095949 (England and Wales)
PRIME AUTOMOBILES LTD
Unaudited accounts
for the year ended 31 March 2023
PRIME AUTOMOBILES LTD
Unaudited accounts
Contents
PRIME AUTOMOBILES LTD
Company Information
for the year ended 31 March 2023
Company Number
10095949 (England and Wales)
Registered Office
53 HENSHAW ROAD
WELLINGBOROUGH
NORTHAMPTONSHIRE
NN8 2AY
UNITED KINGDOM
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
PRIME AUTOMOBILES LTD
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
6,190
3,780
Creditors: amounts falling due within one year
(6,047)
(5,149)
Net current assets
20,419
19,392
Total assets less current liabilities
20,419
19,392
Creditors: amounts falling due after more than one year
(14,562)
(17,500)
Called up share capital
100
100
Profit and loss account
5,757
1,792
Shareholders' funds
5,857
1,892
For the year ending 31 March 2023 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 3 November 2023 and were signed on its behalf by
V Agejevas
Director
Company Registration No. 10095949
PRIME AUTOMOBILES LTD
Notes to the Accounts
for the year ended 31 March 2023
PRIME AUTOMOBILES LTD is a private company, limited by shares, registered in England and Wales, registration number 10095949. The registered office is 53 HENSHAW ROAD, WELLINGBOROUGH, NORTHAMPTONSHIRE, NN8 2AY, UNITED KINGDOM.
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.
Amounts falling due within one year
Trade debtors
20,276
20,761
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,750
3,750
Taxes and social security
930
472
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).