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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
Page
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Prime Business Services (London) Limited Company Information for the year ended 31 December 2023
Director
M Y Ghani
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
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Prime Business Services (London) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,576 
3,219 
Current assets
Debtors
13,580 
15,778 
Cash at bank and in hand
1,949 
(989)
15,529 
14,789 
Creditors: amounts falling due within one year
(15,058)
(13,864)
Net current assets
471 
925 
Net assets
3,047 
4,144 
Capital and reserves
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
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Prime Business Services (London) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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:
Computer equipment
20% RB
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
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 
Depreciation
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 
Net book value
At 31 December 2023
978 
1,598 
2,576 
At 31 December 2022
1,222 
1,997 
3,219 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,580 
15,778 
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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 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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