1 March 2022 false Taxfiler 2023.10.1 03908433business:PrivateLimitedCompanyLtd2022-03-012023-02-28 039084332022-02-28 039084332022-03-012023-02-28 03908433business:AuditExemptWithAccountantsReport2022-03-012023-02-28 03908433business:FilletedAccounts2022-03-012023-02-28 039084332023-02-28 03908433business:Director12022-03-012023-02-28 03908433business:RegisteredOffice2022-03-012023-02-28 039084332022-02-28 03908433core:WithinOneYear2023-02-28 03908433core:WithinOneYear2022-02-28 03908433core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 03908433core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 03908433core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 03908433core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 03908433core:PreviouslyStatedAmount2023-02-28 03908433core:PreviouslyStatedAmount2022-02-28 03908433business:SmallEntities2022-03-012023-02-28 03908433countries:EnglandWales2022-03-012023-02-28 03908433business:OrdinaryShareClass12022-03-012023-02-28 03908433business:OrdinaryShareClass12021-03-012022-02-28 039084332021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03908433 (England and Wales)
PRIMETEXT LIMITED Unaudited accounts for the year ended 28 February 2023
PRIMETEXT LIMITED Unaudited accounts Contents
Page
- 2 -
PRIMETEXT LIMITED Company Information for the year ended 28 February 2023
Director
Royston Smith
Company Number
03908433 (England and Wales)
Registered Office
73 Smeaton Way Melksham Wilts SN12 6GG
Accountants
Olaando Consulting Ltd 7 Bell Yard London WC2A 2JR
- 3 -
PRIMETEXT LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
15,012 
14,996 
Cash at bank and in hand
244,592 
270,093 
259,604 
285,089 
Creditors: amounts falling due within one year
(51,588)
(57,156)
Net current assets
208,016 
227,933 
Net assets
208,016 
227,933 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
207,916 
227,833 
Shareholders' funds
208,016 
227,933 
For the year ending 28 February 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 23 November 2023 and were signed on its behalf by
Royston Smith Director Company Registration No. 03908433
- 4 -
PRIMETEXT LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
PRIMETEXT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03908433. The registered office is 73 Smeaton Way , Melksham Wilts, SN12 6GG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,012 
14,996 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
439 
3,596 
Trade creditors
11,916 
659 
Taxes and social security
- 
555 
Loans from directors
38,883 
51,996 
Accruals
350 
350 
51,588 
57,156 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 5 -