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REGISTERED NUMBER: SC250590 (Scotland)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Primeline Investments Limited

Primeline Investments Limited (Registered number: SC250590)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Primeline Investments Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: C MacIntyre
J. MacIntyre





REGISTERED OFFICE: Unit 3, Morris Park
37 Rosyth Road
Glasgow
G5 0YE





REGISTERED NUMBER: SC250590 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

Primeline Investments Limited (Registered number: SC250590)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,189 39,612

CURRENT ASSETS
Debtors 5 21,028 21,028
Cash at bank and in hand 24,983 29,529
46,011 50,557
CREDITORS
Amounts falling due within one year 6 26,672 22,583
NET CURRENT ASSETS 19,339 27,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,528

67,586

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 48,428 67,486
SHAREHOLDERS' FUNDS 48,528 67,586

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.

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 18 March 2025 and were signed on its behalf by:





J. MacIntyre - Director


Primeline Investments Limited (Registered number: SC250590)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Primeline Investments Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 1,027 76,160 77,187
Additions - 10,024 10,024
Disposals - (34,610 ) (34,610 )
At 30 June 2024 1,027 51,574 52,601
DEPRECIATION
At 1 July 2023 896 36,679 37,575
Charge for year - 13,088 13,088
Eliminated on disposal - (27,251 ) (27,251 )
At 30 June 2024 896 22,516 23,412
NET BOOK VALUE
At 30 June 2024 131 29,058 29,189
At 30 June 2023 131 39,481 39,612

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Associated company 21,028 21,028

Primeline Investments Limited (Registered number: SC250590)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax 25,412 21,074
Directors' current accounts - 313
Accrued expenses 1,260 1,196
26,672 22,583

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary Share Capital £1 100 100