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REGISTERED NUMBER: 09824156 (England and Wales)















Financial Statements for the Period 28 October 2022 to 23 October 2023

for

Prime Services (Central) Ltd

Prime Services (Central) Ltd (Registered number: 09824156)






Contents of the Financial Statements
for the Period 28 October 2022 to 23 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Prime Services (Central) Ltd

Company Information
for the Period 28 October 2022 to 23 October 2023







DIRECTOR: T M Mughal





REGISTERED OFFICE: 17 The Triangle
Huddersfield
HD1 4RN





REGISTERED NUMBER: 09824156 (England and Wales)





ACCOUNTANTS: A H Accountancy Services
Incorporated Financial Accountants
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS

Prime Services (Central) Ltd (Registered number: 09824156)

Balance Sheet
23 October 2023

23.10.23 27.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,071 3,460

CURRENT ASSETS
Stocks 81,250 115,550
Cash at bank and in hand 77,787 26,446
159,037 141,996
CREDITORS
Amounts falling due within one year 5 131,586 100,054
NET CURRENT ASSETS 27,451 41,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,522

45,402

CREDITORS
Amounts falling due after more than one year 6 27,981 38,867
NET ASSETS 2,541 6,535

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,441 6,435
SHAREHOLDERS' FUNDS 2,541 6,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 23 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 23 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:



T M Mughal - Director


Prime Services (Central) Ltd (Registered number: 09824156)

Notes to the Financial Statements
for the Period 28 October 2022 to 23 October 2023

1. STATUTORY INFORMATION

Prime Services (Central) Ltd 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 - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2022 - 17 ) .

Prime Services (Central) Ltd (Registered number: 09824156)

Notes to the Financial Statements - continued
for the Period 28 October 2022 to 23 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 28 October 2022
and 23 October 2023 3,650 1,433 4,636 9,719
DEPRECIATION
At 28 October 2022 2,480 - 3,779 6,259
Charge for period 175 - 214 389
At 23 October 2023 2,655 - 3,993 6,648
NET BOOK VALUE
At 23 October 2023 995 1,433 643 3,071
At 27 October 2022 1,170 1,433 857 3,460

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
23.10.23 27.10.22
£    £   
Taxation and social security 65,041 55,495
Other creditors 66,545 44,559
131,586 100,054

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
23.10.23 27.10.22
£    £   
Bank loans 27,981 38,867

7. ULTIMATE CONTROLLING PARTY

The controlling party is T M Mughal.

Prime Services (Central) Ltd

Report of the Accountants to the Director of
Prime Services (Central) Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 23 October 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A H Accountancy Services
Incorporated Financial Accountants
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS


21 August 2024