PRIME ELEMENT SERVICES LTD

Company Registration Number:
13612376 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

PRIME ELEMENT SERVICES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

PRIME ELEMENT SERVICES LTD

Company Information

for the Period Ended 30 September 2024




Director: Thomas Burris
Registered office: Flat 4
24 Waterloo Street
Hove
East Sussex
GBR
BN3 1AN
Company Registration Number: 13612376 (England and Wales)

PRIME ELEMENT SERVICES LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 5 12,000 12,000
Tangible assets: 6 3,972 3,451
Total fixed assets: 15,972 15,451
Current assets
Debtors: 7 0 0
Cash at bank and in hand: 2,741 3,259
Total current assets: 2,741 3,259
Creditors: amounts falling due within one year: 8 ( 7,475 ) ( 2,709 )
Net current assets (liabilities): ( 4,734 ) 550
Total assets less current liabilities: 11,238 16,001
Total net assets (liabilities): 11,238 16,001

The notes form part of these financial statements

PRIME ELEMENT SERVICES LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 11,237 16,000
Shareholders funds: 11,238 16,001

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.

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

This report was approved by the board of directors on 18 June 2025
And Signed On Behalf Of The Board By:

Name: Thomas Burris
Status: Director

The notes form part of these financial statements

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Dividends


2024
£

2023
£
Dividends paid 37,138 4,340

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Intangible assets

Goodwill Total
Cost £ £
At 01 October 2023 12,000 12,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 12,000 12,000
Amortisation
Amortisation at 01 October 2023 0 0
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 September 2024 0 0
Net book value
Net book value at 30 September 2024 12,000 12,000
Net book value at 30 September 2023 12,000 12,000

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Tangible assets

Office equipment Total
Cost £ £
At 01 October 2023 5,713 5,713
Additions 1,845 1,845
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 7,558 7,558
Depreciation
At 01 October 2023 2,262 2,262
Charge for year 1,324 1,324
On disposals - -
Other adjustments - -
At 30 September 2024 3,586 3,586
Net book value
At 30 September 2024 3,972 3,972
At 30 September 2023 3,451 3,451

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Debtors


2024
£

2023
£
Trade debtors 0 0
Total 0 0

PRIME ELEMENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

8.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 7,475 2,709
Total 7,475 2,709