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REGISTERED NUMBER: 11696341 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 November 2023

for

Prime Time Home Ltd

Prime Time Home Ltd (Registered number: 11696341)






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

Chartered Accountants' Report 6

Prime Time Home Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr J Harris





REGISTERED OFFICE: Choles Yard, 284 High Road
North Weald
Essex
CM16 6EG





REGISTERED NUMBER: 11696341 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Prime Time Home Ltd (Registered number: 11696341)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,577 59,325

CURRENT ASSETS
Debtors 5 134,518 142,136
Prepayments and accrued income 54,743 -
Cash at bank and in hand 2,278 46,138
191,539 188,274
CREDITORS
Amounts falling due within one
year

6

190,162

173,620
NET CURRENT ASSETS 1,377 14,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,954

73,979

CREDITORS
Amounts falling due after more
than one year

7

44,587

55,677
NET ASSETS 21,367 18,302

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 21,365 18,300
21,367 18,302

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 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.

Prime Time Home Ltd (Registered number: 11696341)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:




Mr P Horlock - Director



Mr J Harris - Director


Prime Time Home Ltd (Registered number: 11696341)

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

1. STATUTORY INFORMATION

Prime Time Home 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
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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 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.

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 year was 5 (2022 - 2 ) .

Prime Time Home Ltd (Registered number: 11696341)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022 4,000 74,700 2,000 80,700
Additions - 26,450 - 26,450
At 30 November 2023 4,000 101,150 2,000 107,150
DEPRECIATION
At 1 December 2022 1,544 18,675 1,156 21,375
Charge for year 368 20,619 211 21,198
At 30 November 2023 1,912 39,294 1,367 42,573
NET BOOK VALUE
At 30 November 2023 2,088 61,856 633 64,577
At 30 November 2022 2,456 56,025 844 59,325

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 12,235 142,136
Other debtors 122,283 -
134,518 142,136

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 4,150 4,150
Hire purchase contracts 6,940 6,940
Trade creditors 10,483 7,546
Amounts owed to group undertakings 129,773 138,045
Taxation and social security 35,050 9,299
Other creditors 3,766 7,640
190,162 173,620

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 6,225 10,375
Hire purchase contracts 38,362 45,302
44,587 55,677

8. RELATED PARTY DISCLOSURES

Mr J Harris is deemed to be the key management personnel.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Prime Time Home 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Prime Time Home Ltd for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Prime Time Home Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Prime Time Home Ltd and state those matters that we have agreed to state to the director of Prime Time Home Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Prime Time Home Ltd and its director for our work or for this report.

It is your duty to ensure that Prime Time Home Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Prime Time Home Ltd. You consider that Prime Time Home Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Prime Time Home Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................