REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED (REGISTERED NUMBER: 10317524) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED (REGISTERED NUMBER: 10317524) |
BALANCE SHEET |
31 December 2023 |
31.12.23 | 31.12.22 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Retained earnings | 4 |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED (REGISTERED NUMBER: 10317524) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Prime Contractor Framework Managment Co. 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. |
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. |
Exemptions |
In accordance with the small companies regime, no cash flow statement is required to be presented as the company qualifies as a small entity as defined in the Companies Act 2006. |
Critical accounting judgements and estimates |
In preparing these 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. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.23 | 31.12.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
4. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2023 |
Profit for the year |
At 31 December 2023 |
The retained earnings reserve represents cumulative profits and losses net of dividends paid. |
PRIME CONTRACTOR FRAMEWORK MANAGEMENT |
CO. LIMITED (REGISTERED NUMBER: 10317524) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 December 2023 |
5. | 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. |
6. | ULTIMATE CONTROLLING PARTY |
The immediate parent company is Prime Operations Limited. 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. The smallest group for which group financial statements are drawn up is that headed by Prime Plc, an intermediate parent company. Group financial statements are available from Companies House, Crown Way, Cardiff CF14 3UZ. |
There is no ultimate controlling party. |