IRIS Accounts Production v24.3.2.46 09633178 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096331782023-06-30096331782024-06-30096331782023-07-012024-06-30096331782022-06-30096331782022-07-012023-06-30096331782023-06-3009633178ns14:PoundSterling2023-07-012024-06-3009633178ns10:Director12023-07-012024-06-3009633178ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009633178ns10:SmallEntities2023-07-012024-06-3009633178ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009633178ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009633178ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009633178ns10:FullAccounts2023-07-012024-06-3009633178ns10:Director22023-07-012024-06-3009633178ns10:CompanySecretary12023-07-012024-06-3009633178ns10:RegisteredOffice2023-07-012024-06-3009633178ns5:CurrentFinancialInstruments2024-06-3009633178ns5:CurrentFinancialInstruments2023-06-3009633178ns5:Non-currentFinancialInstruments2024-06-3009633178ns5:Non-currentFinancialInstruments2023-06-3009633178ns5:ShareCapital2024-06-3009633178ns5:ShareCapital2023-06-3009633178ns5:SharePremium2024-06-3009633178ns5:SharePremium2023-06-3009633178ns5:RetainedEarningsAccumulatedLosses2024-06-3009633178ns5:RetainedEarningsAccumulatedLosses2023-06-3009633178ns5:PlantMachinery2023-06-3009633178ns5:PlantMachinery2023-07-012024-06-3009633178ns5:PlantMachinery2024-06-3009633178ns5:PlantMachinery2023-06-3009633178ns5:AdditionsToInvestments2024-06-3009633178ns5:CostValuation2024-06-30
REGISTERED NUMBER: 09633178










PRIOR WALLS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






PRIOR WALLS LIMITED (REGISTERED NUMBER: 09633178)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRIOR WALLS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: S M H Prior
B J O Prior





SECRETARY: B J O Prior





REGISTERED OFFICE: Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 09633178





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

PRIOR WALLS LIMITED (REGISTERED NUMBER: 09633178)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 46,224 55,309
Investments 5 427,130 -
473,354 55,309

CURRENT ASSETS
Cash at bank 95,879 64,934

CREDITORS
Amounts falling due within one year 6 (279,385 ) (42,404 )
NET CURRENT (LIABILITIES)/ASSETS (183,506 ) 22,530
TOTAL ASSETS LESS CURRENT
LIABILITIES

289,848

77,839

CREDITORS
Amounts falling due after more than one
year

7

(33,191

)

(38,756

)
NET ASSETS 256,657 39,083

CAPITAL AND RESERVES
Called up share capital 2 2
Share premium 188,000 188,000
Retained earnings 68,655 (148,919 )
256,657 39,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

PRIOR WALLS LIMITED (REGISTERED NUMBER: 09633178)

BALANCE SHEET - continued
30 JUNE 2024


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 Board of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by:





B J O Prior - Director


PRIOR WALLS LIMITED (REGISTERED NUMBER: 09633178)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Prior Walls Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 21 ) .

PRIOR WALLS LIMITED (REGISTERED NUMBER: 09633178)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 172,442
Additions 6,193
At 30 June 2024 178,635
DEPRECIATION
At 1 July 2023 117,133
Charge for year 15,278
At 30 June 2024 132,411
NET BOOK VALUE
At 30 June 2024 46,224
At 30 June 2023 55,309

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 427,130
At 30 June 2024 427,130
NET BOOK VALUE
At 30 June 2024 427,130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 2 -
Taxation and social security 40,735 36,004
Other creditors 238,648 6,400
279,385 42,404

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 33,191 38,756

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 33,191 38,756