T-PRIME LIMITED

Company Registration Number:
06992164 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 September 2023

End date: 30 September 2024

T-PRIME LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

T-PRIME LIMITED

Balance sheet

As at 30 September 2024


Notes

13 months to 30 September 2024

2023


£

£
Fixed assets
Tangible assets: 3 94,258 35,006
Total fixed assets: 94,258 35,006
Current assets
Stocks: 168,925 23,785
Debtors:   1,214,326 957,044
Cash at bank and in hand: 665,885 165,530
Total current assets: 2,049,136 1,146,359
Creditors: amounts falling due within one year:   (851,245) (510,576)
Net current assets (liabilities): 1,197,891 635,783
Total assets less current liabilities: 1,292,149 670,789
Creditors: amounts falling due after more than one year:   (107,043) (81,383)
Total net assets (liabilities): 1,185,106 589,406
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,184,106 588,406
Shareholders funds: 1,185,106 589,406

The notes form part of these financial statements

T-PRIME LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 December 2024
and signed on behalf of the board by:

Name: Anatolie Teterea
Status: Director

The notes form part of these financial statements

T-PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents invoiced project income in the year, net of discounts and of Value Added Tax. Revenue for providing services is recognised in the period when the projects are completed.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Motor vehicles - 20% straight line If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Basis or preparation: The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Taxation: The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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 tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Tangible assets: Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses. Stocks: Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. Hire purchase and finance leases: Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Financial instruments: A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Defined contribution plans: Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

T-PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

13 months to 30 September 2024 2023
Average number of employees during the period 5 5

T-PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 109,847
Additions 87,284
Disposals (45,187)
At 30 September 2024 151,944
Depreciation
At 01 September 2023 74,841
Charge for year 28,029
On disposals (45,184)
At 30 September 2024 57,686
Net book value
At 30 September 2024 94,258
At 31 August 2023 35,006

T-PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Loans to directors

Name of director receiving advance or credit: Anatolie Teterea Jnr
Description of the loan: During the period the director entered into the following advances and credits with the company.
£
Balance at 01 September 2023 0
Advances or credits made: 13,240
Balance at 30 September 2024 13,240
Name of director receiving advance or credit: Eugeniu Teterea
Description of the loan: During the period the director entered into the following advances and credits with the company.
£
Balance at 01 September 2023 0
Advances or credits made: 16,020
Balance at 30 September 2024 16,020