Company Registration No. 11107774 (England and Wales)
Prime Business Services (London) Limited
Unaudited accounts
for the year ended 31 December 2023
Prime Business Services (London) Limited
Unaudited accounts
Contents
Prime Business Services (London) Limited
Company Information
for the year ended 31 December 2023
Company Number
11107774 (England and Wales)
Registered Office
300
Wanstead Park Road
Redbridge
Essex
IG1 3TU
United Kingdom
Accountants
Prime Business Services
300 Wanstead Park Road
Redbridge
Essex
IG1 3TU
Prime Business Services (London) Limited
Statement of financial position
as at 31 December 2023
Tangible assets
2,576
3,219
Cash at bank and in hand
1,949
(989)
Creditors: amounts falling due within one year
(15,058)
(13,864)
Net current assets
471
925
Called up share capital
100
100
Profit and loss account
2,947
4,044
Shareholders' funds
3,047
4,144
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 September 2024 and were signed on its behalf by
M Y Ghani
Director
Company Registration No. 11107774
Prime Business Services (London) Limited
Notes to the Accounts
for the year ended 31 December 2023
Prime Business Services (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 11107774. The registered office is 300, Wanstead Park Road, Redbridge, Essex, IG1 3TU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
2,850
4,875
7,725
At 31 December 2023
2,850
4,875
7,725
At 1 January 2023
1,628
2,878
4,506
Charge for the year
244
399
643
At 31 December 2023
1,872
3,277
5,149
At 31 December 2023
978
1,598
2,576
At 31 December 2022
1,222
1,997
3,219
Amounts falling due within one year
Trade debtors
13,580
15,778
Prime Business Services (London) Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
15,058
13,864
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Average number of employees
During the year the average number of employees was 0 (2022: 0).