Company Registration No. 09722058 (England and Wales)
Primoris 4X4 Limited
Unaudited accounts
for the year ended 31 August 2024
Primoris 4X4 Limited
Unaudited accounts
Contents
Primoris 4X4 Limited
Company Information
for the year ended 31 August 2024
Directors
Matthew Charles Finch
Jessica Alice Finch
Company Number
09722058 (England and Wales)
Registered Office
Unit 5A
Woodlands Business Centre
Malthouse Lane
Long Compton
CV36 5JL
Accountants
Emchajo Limited
10 Bownham Mead
Rodborough Common
Stroud
GLOUCESTERSHIRE
GL5 5DZ
Primoris 4X4 Limited
Statement of financial position
as at 31 August 2024
Tangible assets
59,583
30,318
Inventories
560,823
764,222
Cash at bank and in hand
113,648
92,389
Creditors: amounts falling due within one year
(551,634)
(707,948)
Net current assets
302,454
281,689
Total assets less current liabilities
362,037
312,007
Creditors: amounts falling due after more than one year
(101,386)
-
Net assets
260,651
312,007
Called up share capital
100
100
Profit and loss account
260,551
311,907
Shareholders' funds
260,651
312,007
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 directors acknowledge their 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 of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by
Matthew Charles Finch
Director
Company Registration No. 09722058
Primoris 4X4 Limited
Notes to the Accounts
for the year ended 31 August 2024
Primoris 4X4 Limited is a private company, limited by shares, registered in England and Wales, registration number 09722058. The registered office is Unit 5A, Woodlands Business Centre, Malthouse Lane, Long Compton, CV36 5JL.
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.
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:
Land & buildings
10% Straight Line
Plant & machinery
15% Straight Line
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
25,000
13,041
3,712
41,753
Additions
30,419
5,538
2,971
38,928
At 31 August 2024
55,419
18,579
6,683
80,681
At 1 September 2023
5,208
4,377
1,850
11,435
Charge for the year
5,541
2,786
1,336
9,663
At 31 August 2024
10,749
7,163
3,186
21,098
At 31 August 2024
44,670
11,416
3,497
59,583
At 31 August 2023
19,792
8,664
1,862
30,318
Primoris 4X4 Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
109,656
133,026
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
250,485
305,387
Trade creditors
258,812
313,085
Taxes and social security
20,437
79,161
Other creditors
4,430
3,126
Loans from directors
-
(2,225)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).