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REGISTERED NUMBER: 13272035 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Primo Wirral Limited

Primo Wirral Limited (Registered number: 13272035)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Primo Wirral Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: I G Donnelly
G Corser





REGISTERED OFFICE: Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY





REGISTERED NUMBER: 13272035 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Primo Wirral Limited (Registered number: 13272035)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,600 133,151
Investments 5 482,195 507,556
591,795 640,707

CURRENT ASSETS
Stocks 12,500 10,000
Debtors 6 108,219 117,158
Cash at bank and in hand 1,484 96,233
122,203 223,391
CREDITORS
Amounts falling due within one year 7 301,097 252,885
NET CURRENT LIABILITIES (178,894 ) (29,494 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,901

611,213

CREDITORS
Amounts falling due after more than one
year

8

(441,296

)

(487,127

)

PROVISIONS FOR LIABILITIES 9 (18,732 ) (19,508 )
NET (LIABILITIES)/ASSETS (47,127 ) 104,578

CAPITAL AND RESERVES
Called up share capital 10 120 120
Retained earnings (47,247 ) 104,458
SHAREHOLDERS' FUNDS (47,127 ) 104,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Primo Wirral Limited (Registered number: 13272035)

Balance Sheet - continued
30 November 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2024 and were signed on its behalf by:





I G Donnelly - Director


Primo Wirral Limited (Registered number: 13272035)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Primo Wirral Limited 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 5% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Primo Wirral Limited (Registered number: 13272035)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 79,574 73,149 152,723
DEPRECIATION
At 1 December 2022 15,915 3,657 19,572
Charge for year 19,893 3,658 23,551
At 30 November 2023 35,808 7,315 43,123
NET BOOK VALUE
At 30 November 2023 43,766 65,834 109,600
At 30 November 2022 63,659 69,492 133,151

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 507,556
PROVISIONS
Provision for year 25,361
At 30 November 2023 25,361
NET BOOK VALUE
At 30 November 2023 482,195
At 30 November 2022 507,556

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,927 11,000
Amounts owed by associates 84,314 106,158
Other debtors 3,978 -
108,219 117,158

Primo Wirral Limited (Registered number: 13272035)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,658 11,682
Other loans 43,780 41,780
Trade creditors 19,517 -
Amounts owed to associates 216,500 195,399
Tax - 12
Social security and other taxes 5,273 2,561
Other creditors 2,725 -
Accrued expenses 2,644 1,451
301,097 252,885

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,658 11,682
Bank loans - 2-5 years 31,973 35,046
Bank loans more 5 yr by instal 313,964 318,430
Other loans - 1-2 years 42,010 41,780
Other loans - 2-5 years 42,691 80,189
441,296 487,127

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 313,964 318,430

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 18,732 19,508

Deferred
tax
£   
Balance at 1 December 2022 19,508
Provided during year (776 )
Balance at 30 November 2023 18,732

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
120 Ordinary £1 120 120