IRIS Accounts Production v25.1.4.42 08108372 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081083722024-03-31081083722025-03-31081083722024-04-012025-03-31081083722023-03-31081083722023-04-012024-03-31081083722024-03-3108108372ns15:EnglandWales2024-04-012025-03-3108108372ns14:PoundSterling2024-04-012025-03-3108108372ns10:Director12024-04-012025-03-3108108372ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3108108372ns10:SmallEntities2024-04-012025-03-3108108372ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3108108372ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3108108372ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3108108372ns10:FullAccounts2024-04-012025-03-3108108372ns10:RegisteredOffice2024-04-012025-03-3108108372ns5:CurrentFinancialInstruments2025-03-3108108372ns5:CurrentFinancialInstruments2024-03-3108108372ns5:ShareCapital2025-03-3108108372ns5:ShareCapital2024-03-3108108372ns5:RetainedEarningsAccumulatedLosses2025-03-3108108372ns5:RetainedEarningsAccumulatedLosses2024-03-3108108372ns5:ComputerEquipment2024-04-012025-03-3108108372ns5:PlantMachinery2024-03-3108108372ns5:PlantMachinery2025-03-3108108372ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3108108372ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 08108372 (England and Wales)















Prime Heating Ltd

Unaudited Financial Statements for the Year Ended 31 March 2025






Prime Heating Ltd (Registered number: 08108372)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Prime Heating Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: A C Hart





REGISTERED OFFICE: 3 - 5 London Road
Rainham
Gillingham
Kent
ME8 7RG





BUSINESS ADDRESS: 11 Hunstanton Close
Rainham
Kent
ME8 8RL





REGISTERED NUMBER: 08108372 (England and Wales)





ACCOUNTANTS: Aggarwal & Co
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Prime Heating Ltd (Registered number: 08108372)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Inventories 700 650
Debtors 5 - 559
Cash at bank 3,919 2,771
4,619 3,980
CREDITORS
Amounts falling due within one year 6 3,015 5,441
NET CURRENT ASSETS/(LIABILITIES) 1,604 (1,461 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,604 (1,461 )

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 1,104 (1,961 )
SHAREHOLDERS' FUNDS 1,604 (1,461 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 June 2025 and were signed by:





A C Hart - Director


Prime Heating Ltd (Registered number: 08108372)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Prime Heating Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Turnover represents invoiced sales of goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office equipment - 33% on cost

Inventories
Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.
In respect of work in progress, cost includes an appropriate proportion of attributable overheads according to the stage of completion.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Prime Heating Ltd (Registered number: 08108372)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 8,737
DEPRECIATION
At 1 April 2024
and 31 March 2025 8,737
NET BOOK VALUE
At 31 March 2025 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors - 559

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 1,438 463
Other creditors 1,577 4,978
3,015 5,441