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REGISTERED NUMBER: 09026945 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

PRIME PARTNERING SOLUTIONS LIMITED

PRIME PARTNERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09026945)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

PRIME PARTNERING SOLUTIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: L Chumbley
V Town
P J Holland





SECRETARY: Prime Company Secretarial Services Limited





REGISTERED OFFICE: 5 The Triangle
Wildwood Drive
Worcester
Worcestershire
WR5 2QX





REGISTERED NUMBER: 09026945 (England and Wales)

PRIME PARTNERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09026945)

STATEMENT OF FINANCIAL POSITION
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investments 3 300 300

CURRENT ASSETS
Cash at bank 709 709
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,009

1,009

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Retained earnings 5 9 9
SHAREHOLDERS' FUNDS 1,009 1,009

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and authorised for issue by the Board of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by:





V Town - Director


PRIME PARTNERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09026945)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES

General information and basis of accounting
Prime Partnering Solutions Limited is a company limited by shares and is incorporated in England and Wales. The address of the registered office is 5 The Triangle, Wildwood Drive, Worcester, Worcestershire, WR5 2QX.

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

The financial statements have been prepared under the historical cost convention and on a going concern basis.

The principal accounting policies applied in the preparation of these financial statements are set out below.

The company was dormant throughout the current year and previous year.

Preparation of consolidated financial statements
The financial statements contain information about Prime Partnering Solutions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Going concern
The company has access to the financial resources of the wider group headed by Prime (GB) Holdings Limited and hence the directors are satisfied that it is appropriate to prepare the financial statements on a going concern basis. The assessment of going concern for the group as a whole, is summarised in the Annual Report and financial statements of Prime (GB) Holdings Limited.

Investments
Investments represent shares in subsidiary undertakings which are valued at cost less accumulated impairment losses.

An impairment review is carried out by comparing the carrying value of investments with a valuation of the individual subsidiary company. Given the nature of the group activities the valuation of subsidiaries is generally based on their underlying net asset value.

Critical accounting estimates and judgements
In preparing the financial statements the directors are required to make a number of accounting judgements and make estimates and assumptions concerning the future. There are no judgements or estimates that are deemed significant in the context of these financial statements.

2. EMPLOYEES AND DIRECTORS

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

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 300
NET BOOK VALUE
At 31 December 2023 300
At 31 December 2022 300

PRIME PARTNERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09026945)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

3. FIXED ASSET INVESTMENTS - continued

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Partnering Solutions (Southampton) Limited
Registered office: 5 The Triangle, Wildwood Drive, Worcester, Worcestershire, WR5 2QX.
Nature of business: Property Investment and Development
%
Class of shares: holding
Ordinary 100.00

Partnering Solutions (Somerset) Limited
Registered office: 5 The Triangle, Wildwood Drive, Worcester, Worcestershire, WR5 2QX.
Nature of business: Property Investment and Development
%
Class of shares: holding
Ordinary 100.00

Partnering Solutions (Dorset) Limited
Registered office: 5 The Triangle, Wildwood Drive, Worcester, Worcestershire, WR5 2QX.
Nature of business: Property investment and development
%
Class of shares: holding
Ordinary 100.00

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal value: 31.12.23 31.12.22
£ £

1,000 Ordinary £1 1,000 1,000
1,000 1,000

5. RESERVES
Retained
earnings
£   

At 1 January 2023 9
Profit for the year -
At 31 December 2023 9

The retained earnings reserve represents cumulative profits and losses net of dividends paid.

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

PRIME PARTNERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09026945)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

7. ULTIMATE CONTROLLING PARTY

The immediate parent company is Prime Plc which heads the smallest group for which consolidated financial statements are prepared. The largest group of undertakings for which group financial statements are drawn up is that headed by Prime (GB) Holdings Limited, the ultimate parent company. Group financial statements are available from Companies House, Crown Way, Cardiff CF14 3UZ.

There is no ultimate controlling party.