Company Registration No. 13458239 (England and Wales)
Prift Ltd
Unaudited accounts
for the year ended 31 August 2024
Prift Ltd
Unaudited accounts
Contents
Prift Ltd
Company Information
for the year ended 31 August 2024
Company Number
13458239 (England and Wales)
Registered Office
1 MAYFAIR MEWS
BALHAM GROVE
LONDON
SW12 8AZ
UNITED KINGDOM
Accountants
Sleek Accounting Ltd
205 Regent Street
4th Floor
London
W1B 4HB
Prift Ltd
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
25
100
Net current assets
313,532
201,482
Total assets less current liabilities
313,632
201,582
Creditors: amounts falling due after more than one year
(290,551)
(198,500)
Called up share capital
2,758
2,727
Shareholders' funds
23,081
3,082
For the year ending 31 August 2024 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 3 October 2024 and were signed on its behalf by
Oliver Dix
Director
Company Registration No. 13458239
Prift Ltd
Notes to the Accounts
for the year ended 31 August 2024
Prift Ltd is a private company, limited by shares, registered in England and Wales, registration number 13458239. The registered office is 1 MAYFAIR MEWS, BALHAM GROVE, LONDON, SW12 8AZ, 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.
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.
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings
Valuation at 1 September 2023
100
Valuation at 31 August 2024
100
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Prift Opco UK Limited, a company registered in England & Wales.
The registered office of the above entity is 1 Mayfair Mews, Balham Grove, London, United Kingdom, SW12 8AZ.
100% of the voting rights and shares are held.
The principal activity of Prift OpCo UK Limited is business and domestic software development.
Amounts falling due within one year
Amounts due from group undertakings etc.
313,507
201,382
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Creditors: amounts falling due after more than one year
2024
2023
Other creditors
9,800
9,800
Loans from directors
280,751
188,700
Prift Ltd
Notes to the Accounts
for the year ended 31 August 2024
7
Transactions with related parties
Prift OpCo UK Limited:
The company is related to Prift Limited by virtue of common shareholders and directors. The amount owed from Prift OpCo UK Limited at the balance sheet date was £313,507 (2023: £201,382).
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Average number of employees
During the year the average number of employees was 0 (2023: 0).