2024-04-012025-03-312025-03-31false11769748THE PRIME PRACTICE LTD2025-06-1686900falseiso4217:GBPxbrli:pure117697482024-04-01117697482025-03-31117697482024-04-012025-03-31117697482023-04-01117697482024-03-31117697482023-04-012024-03-3111769748bus:SmallEntities2024-04-012025-03-3111769748bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3111769748bus:AbridgedAccounts2024-04-012025-03-3111769748bus:PrivateLimitedCompanyLtd2024-04-012025-03-3111769748core:WithinOneYear2025-03-3111769748core:AfterOneYear2025-03-3111769748core:WithinOneYear2024-03-3111769748core:AfterOneYear2024-03-3111769748core:ShareCapital2025-03-3111769748core:SharePremium2025-03-3111769748core:RevaluationReserve2025-03-3111769748core:OtherReservesSubtotal2025-03-3111769748core:RetainedEarningsAccumulatedLosses2025-03-3111769748core:ShareCapital2024-03-3111769748core:SharePremium2024-03-3111769748core:RevaluationReserve2024-03-3111769748core:OtherReservesSubtotal2024-03-3111769748core:RetainedEarningsAccumulatedLosses2024-03-3111769748core:LandBuildings2025-03-3111769748core:PlantMachinery2025-03-3111769748core:Vehicles2025-03-3111769748core:FurnitureFittings2025-03-3111769748core:OfficeEquipment2025-03-3111769748core:NetGoodwill2025-03-3111769748core:IntangibleAssetsOtherThanGoodwill2025-03-3111769748core:ListedExchangeTraded2025-03-3111769748core:UnlistedNon-exchangeTraded2025-03-3111769748core:LandBuildings2024-03-3111769748core:PlantMachinery2024-03-3111769748core:Vehicles2024-03-3111769748core:FurnitureFittings2024-03-3111769748core:OfficeEquipment2024-03-3111769748core:NetGoodwill2024-03-3111769748core:IntangibleAssetsOtherThanGoodwill2024-03-3111769748core:ListedExchangeTraded2024-03-3111769748core:UnlistedNon-exchangeTraded2024-03-3111769748core:LandBuildings2024-04-012025-03-3111769748core:PlantMachinery2024-04-012025-03-3111769748core:Vehicles2024-04-012025-03-3111769748core:FurnitureFittings2024-04-012025-03-3111769748core:OfficeEquipment2024-04-012025-03-3111769748core:NetGoodwill2024-04-012025-03-3111769748core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3111769748core:ListedExchangeTraded2024-04-012025-03-3111769748core:UnlistedNon-exchangeTraded2024-04-012025-03-3111769748core:MoreThanFiveYears2024-04-012025-03-3111769748core:Non-currentFinancialInstruments2025-03-3111769748core:Non-currentFinancialInstruments2024-03-3111769748dpl:CostSales2024-04-012025-03-3111769748dpl:DistributionCosts2024-04-012025-03-3111769748core:LandBuildings2024-04-012025-03-3111769748core:PlantMachinery2024-04-012025-03-3111769748core:Vehicles2024-04-012025-03-3111769748core:FurnitureFittings2024-04-012025-03-3111769748core:OfficeEquipment2024-04-012025-03-3111769748dpl:AdministrativeExpenses2024-04-012025-03-3111769748core:NetGoodwill2024-04-012025-03-3111769748core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3111769748dpl:GroupUndertakings2024-04-012025-03-3111769748dpl:ParticipatingInterests2024-04-012025-03-3111769748dpl:GroupUndertakingscore:ListedExchangeTraded2024-04-012025-03-3111769748core:ListedExchangeTraded2024-04-012025-03-3111769748dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-04-012025-03-3111769748core:UnlistedNon-exchangeTraded2024-04-012025-03-3111769748dpl:CostSales2023-04-012024-03-3111769748dpl:DistributionCosts2023-04-012024-03-3111769748core:LandBuildings2023-04-012024-03-3111769748core:PlantMachinery2023-04-012024-03-3111769748core:Vehicles2023-04-012024-03-3111769748core:FurnitureFittings2023-04-012024-03-3111769748core:OfficeEquipment2023-04-012024-03-3111769748dpl:AdministrativeExpenses2023-04-012024-03-3111769748core:NetGoodwill2023-04-012024-03-3111769748core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111769748dpl:GroupUndertakings2023-04-012024-03-3111769748dpl:ParticipatingInterests2023-04-012024-03-3111769748dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111769748core:ListedExchangeTraded2023-04-012024-03-3111769748dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111769748core:UnlistedNon-exchangeTraded2023-04-012024-03-3111769748core:NetGoodwill2025-03-3111769748core:IntangibleAssetsOtherThanGoodwill2025-03-3111769748core:LandBuildings2025-03-3111769748core:PlantMachinery2025-03-3111769748core:Vehicles2025-03-3111769748core:FurnitureFittings2025-03-3111769748core:OfficeEquipment2025-03-3111769748core:AfterOneYear2025-03-3111769748core:WithinOneYear2025-03-3111769748core:ListedExchangeTraded2025-03-3111769748core:UnlistedNon-exchangeTraded2025-03-3111769748core:ShareCapital2025-03-3111769748core:SharePremium2025-03-3111769748core:RevaluationReserve2025-03-3111769748core:OtherReservesSubtotal2025-03-3111769748core:RetainedEarningsAccumulatedLosses2025-03-3111769748core:NetGoodwill2024-03-3111769748core:IntangibleAssetsOtherThanGoodwill2024-03-3111769748core:LandBuildings2024-03-3111769748core:PlantMachinery2024-03-3111769748core:Vehicles2024-03-3111769748core:FurnitureFittings2024-03-3111769748core:OfficeEquipment2024-03-3111769748core:AfterOneYear2024-03-3111769748core:WithinOneYear2024-03-3111769748core: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THE PRIME PRACTICE LTD

Registered Number
11769748
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

THE PRIME PRACTICE LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors

STEVENSON, James William
STEVENSON, Vicky Louise

Registered Address

36 Court View
Stonehouse
GL10 3PL

Registered Number

11769748 (England and Wales)
THE PRIME PRACTICE LTD
Balance Sheet as at
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets37,4958,401
7,4958,401
Current assets
Debtors44,49945,846
Cash at bank and on hand54,24841,736
98,74787,582
Creditors amounts falling due within one year(46,946)(39,072)
Net current assets (liabilities)51,80148,510
Total assets less current liabilities59,29656,911
Creditors amounts falling due after one year(9,628)(12,727)
Net assets49,66844,184
Capital and reserves
Called up share capital202202
Profit and loss account49,46643,982
Shareholders' funds49,66844,184
The financial statements were approved and authorised for issue by the Board of Directors on 16 June 2025, and are signed on its behalf by:
STEVENSON, James William
Director
Registered Company No. 11769748
THE PRIME PRACTICE LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Fixtures and fittings25
Office Equipment25
2.Average number of employees

20252024
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 2418,177
Additions1,380
At 31 March 2519,557
Depreciation and impairment
At 01 April 249,776
Charge for year2,286
At 31 March 2512,062
Net book value
At 31 March 257,495
At 31 March 248,401