1 April 2024 false Taxfiler 2024.6 06193499business:PrivateLimitedCompanyLtd2024-04-012025-03-31 061934992024-03-31 061934992024-04-012025-03-31 06193499business:AuditExemptWithAccountantsReport2024-04-012025-03-31 06193499business:FilletedAccounts2024-04-012025-03-31 061934992025-03-31 06193499business:Director12024-04-012025-03-31 06193499business:RegisteredOffice2024-04-012025-03-31 061934992024-03-31 06193499core:WithinOneYear2025-03-31 06193499core:WithinOneYear2024-03-31 06193499core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 06193499core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 06193499core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 06193499core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 06193499core:PreviouslyStatedAmount2025-03-31 06193499core:PreviouslyStatedAmount2024-03-31 06193499business:SmallEntities2024-04-012025-03-31 06193499countries:EnglandWales2024-04-012025-03-31 06193499core:PlantMachinery2024-04-012025-03-31 06193499core:ComputerEquipment2024-04-012025-03-31 06193499core:PlantMachinery2024-03-31 06193499core:ComputerEquipment2024-03-31 06193499core:PlantMachinery2025-03-31 06193499core:ComputerEquipment2025-03-31 06193499business:OrdinaryShareClass12024-04-012025-03-31 06193499business:OrdinaryShareClass12023-04-012024-03-31 061934992023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06193499 (England and Wales)
Prism (P&PMO) Limited Unaudited accounts for the year ended 31 March 2025
Prism (P&PMO) Limited Unaudited accounts Contents
Page
- 2 -
Prism (P&PMO) Limited Company Information for the year ended 31 March 2025
Director
Mr. D Rodgers
Company Number
06193499 (England and Wales)
Registered Office
3 Barnett Way Northleach Cheltenham Gloucestershire GL54 3JQ England
Accountants
Sage Accounting Ltd 19 Lomond Close Tamworth Staffordshire United Kingdom B79 8ET
- 3 -
Prism (P&PMO) Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
(1)
(1)
Current assets
Debtors
5,045 
7,535 
Cash at bank and in hand
26,247 
48 
31,292 
7,583 
Creditors: amounts falling due within one year
(14,619)
(10,302)
Net current assets/(liabilities)
16,673 
(2,719)
Net assets/(liabilities)
16,672 
(2,720)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
16,671 
(2,721)
Shareholders' funds
16,672 
(2,720)
For the year ending 31 March 2025 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 6 June 2025 and were signed on its behalf by
Mr. D Rodgers Director Company Registration No. 06193499
- 4 -
Prism (P&PMO) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Prism (P&PMO) Limited is a private company, limited by shares, registered in England and Wales, registration number 06193499. The registered office is 3 Barnett Way, Northleach, Cheltenham, Gloucestershire, GL54 3JQ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% reducing balance
Computer equipment
3 years straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
1,000 
3,398 
4,398 
Disposals
(1,000)
(3,398)
(4,398)
At 31 March 2025
- 
- 
- 
Depreciation
At 1 April 2024
1,000 
3,399 
4,399 
On disposals
(1,000)
(3,398)
(4,398)
At 31 March 2025
- 
1 
1 
Net book value
At 31 March 2025
- 
(1)
(1)
At 31 March 2024
- 
(1)
(1)
- 5 -
Prism (P&PMO) Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
38 
Other debtors
5,045 
7,497 
5,045 
7,535 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
7,327 
- 
Taxes and social security
7,291 
2,454 
Loans from directors
1 
7,848 
14,619 
10,302 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -