Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 02155785 Mrs Margaret Purvey Mr Roger Artur Purvey Mrs Margaret Purvey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02155785 2023-10-31 02155785 2024-10-31 02155785 2023-11-01 2024-10-31 02155785 frs-core:CurrentFinancialInstruments 2024-10-31 02155785 frs-core:ComputerEquipment 2024-10-31 02155785 frs-core:ComputerEquipment 2023-11-01 2024-10-31 02155785 frs-core:ComputerEquipment 2023-10-31 02155785 frs-core:FurnitureFittings 2024-10-31 02155785 frs-core:FurnitureFittings 2023-11-01 2024-10-31 02155785 frs-core:FurnitureFittings 2023-10-31 02155785 frs-core:PlantMachinery 2024-10-31 02155785 frs-core:PlantMachinery 2023-11-01 2024-10-31 02155785 frs-core:PlantMachinery 2023-10-31 02155785 frs-core:RevaluationReserve 2023-11-01 2024-10-31 02155785 frs-core:RevaluationReserve 2023-10-31 02155785 frs-core:RevaluationReserve 2024-10-31 02155785 frs-core:ShareCapital 2024-10-31 02155785 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 02155785 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02155785 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 02155785 frs-bus:SmallEntities 2023-11-01 2024-10-31 02155785 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02155785 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 02155785 frs-bus:Director1 2023-11-01 2024-10-31 02155785 frs-bus:Director2 2023-11-01 2024-10-31 02155785 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 02155785 frs-countries:EnglandWales 2023-11-01 2024-10-31 02155785 2022-10-31 02155785 2023-10-31 02155785 2022-11-01 2023-10-31 02155785 frs-core:CurrentFinancialInstruments 2023-10-31 02155785 frs-core:RevaluationReserve 2023-10-31 02155785 frs-core:ShareCapital 2023-10-31 02155785 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 02155785
Prema Projects Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Unico 3 Limited
Genesis House
212 Ingram Road
Walsall
West Midlands
WS3 3AD
Prema Projects Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Prema Projects Limited
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: 02155785

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 7,291 |  | 145
Investment Properties | 5 |  | 570,000 |  | 506,130
|  |  | 577,291 |  | 506,275
CURRENT ASSETS
Debtors | 6 | 430 |  | 670 |
Cash at bank and in hand |  | 86,830 |  | 81,875 |
|  | 87,260 |  | 82,545 |
Creditors: Amounts Falling Due Within One Year | 7 | (237,549 ) |  | (223,167 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (150,289 ) |  | (140,622 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 427,002 |  | 365,653
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (12,135 ) |  | -
NET ASSETS |  |  | 414,867 |  | 365,653
CAPITAL AND RESERVES
Called up share capital | 8 |  | 200 |  | 200
Revaluation reserve | 9 |  | 413,781 |  | 362,046
Profit and Loss Account |  |  | 886 |  | 3,407
SHAREHOLDERS' FUNDS |  |  | 414,867 |  | 365,653

Page 1
Page 2
Prema Projects Limited
Balance Sheet (continued)
As At 31 October 2024
For the year ending 31 October 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Roger Artur Purvey Director
19/06/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Prema Projects Limited
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. General Information
Prema Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02155785 . The registered office is 12a Duke Street, Sutton Coldfield, West Midlands, B72 1RJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "TheFinancial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under thehistorical cost convention.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 15% on cost
Fixtures & Fittings | 20% on cost
Computer Equipment | 25% on cost

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except tothe extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted orsubstantively enacted by the balance sheet date.
2.6. Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balancesheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different fromthose in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of thetiming difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that theywill be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 3
Page 4
Prema Projects Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost or Valuation
As at 1 November 2023 | 361 | 7,347 | 1,833 | 9,541
Additions | - | 7,715 | - | 7,715
As at 31 October 2024 | 361 | 15,062 | 1,833 | 17,256
Depreciation
As at 1 November 2023 | 216 | 7,347 | 1,833 | 9,396
Provided during the period | 55 | 514 | - | 569
As at 31 October 2024 | 271 | 7,861 | 1,833 | 9,965
Net Book Value
As at 31 October 2024 | 90 | 7,201 | - | 7,291
As at 1 November 2023 | 145 | - | - | 145

5. Investment Property

| 2024
--- | ---
| £
Fair Value
As at 1 November 2023 | 506,130
Revaluations | 63,870
As at 31 October 2024 | 570,000

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | (613 ) |  | (38 )
Other debtors | 1,043 |  | 708
| 430 |  | 670

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 47 |  | 28
Other creditors | 236,233 |  | 221,801
Taxation and social security | 1,269 |  | 1,338
| 237,549 |  | 223,167

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

Page 4
Page 5
Prema Projects Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
9. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 November 2023 | 362,046
Transfer to profit and loss | 51,735
As at 31 October 2024 | 413,781

Page 5