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REGISTERED NUMBER: 07800594 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

The Prime Energize Holding Limited

The Prime Energize Holding Limited (Registered number: 07800594)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Prime Energize Holding Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr J A N Mira





SECRETARY: Cornhill Services Limited





REGISTERED OFFICE: Monomark House
27 Old Gloucester Street
London
WC1N 3AX





REGISTERED NUMBER: 07800594 (England and Wales)





ACCOUNTANTS: ILS Fiduciaries (IOM) Limited
First Floor
Millennium House
Victoria Road
Douglas
Isle of Man
IM2 4RW

The Prime Energize Holding Limited (Registered number: 07800594)

Balance Sheet
31 October 2024

2024 2023
as restated
Notes €    €    €    €   
FIXED ASSETS
Tangible assets 4 108,329 114,031
Investments 5 165,483 370,000
273,812 484,031

CURRENT ASSETS
Debtors 6 9,383,741 8,727,178
Cash at bank 68,508 37,751
9,452,249 8,764,929
CREDITORS
Amounts falling due within one year 7 914,746 400,964
NET CURRENT ASSETS 8,537,503 8,363,965
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,811,315

8,847,996

CAPITAL AND RESERVES
Called up share capital 8 1,129 1,129
Retained earnings 9 8,810,186 8,846,867
SHAREHOLDERS' FUNDS 8,811,315 8,847,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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 Prime Energize Holding Limited (Registered number: 07800594)

Balance Sheet - continued
31 October 2024


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 22 August 2025 and were signed by:





Mr J A N Mira - Director


The Prime Energize Holding Limited (Registered number: 07800594)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

The Prime Energize Holding Limited 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 5% on reducing balance

Foreign currencies
Assets and liabilities in foreign currencies, with the exception of share capital, are translated into Euros at the rates of exchange ruling at the Balance Sheet date. Share capital is translated at the historical rate. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments
Fixed asset investments are shown at their cost to the company, including all costs of acquisition, less any provision for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Motor
vehicles
€   
COST
At 1 November 2023
and 31 October 2024 140,000
DEPRECIATION
At 1 November 2023 25,969
Charge for year 5,702
At 31 October 2024 31,671
NET BOOK VALUE
At 31 October 2024 108,329
At 31 October 2023 114,031

The Prime Energize Holding Limited (Registered number: 07800594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


5. FIXED ASSET INVESTMENTS
Unquoted
investments
€   
COST OR VALUATION
At 1 November 2023 370,000
Additions 518,573
Disposals (723,090 )
At 31 October 2024 165,483
NET BOOK VALUE
At 31 October 2024 165,483
At 31 October 2023 370,000


At 31 October 2024 the company held the following investments:

1,000 shares in Etiderwish Unipessoal Lda, a company incorporated in Portugal, which represents 100% of the ordinary share capital.

142.117 USD 0.001 Class1- Series C Participating Shares in Dorae Inc., a company incorporated in the Cayman Islands.

50,000 shares in Prime III Rent A Car LDA, a company incorporated in Portugal, which represents 100% of the ordinary share capital.

Additions in the year:

50,000 shares in The Prime I Consulting Unipessoal LDA at a cost of €50,000 on 22 November 2023.

468,572.95 shares in The Prime X Monte Verde LDA at cost of €468,572.95 on 10 November 2023.

Disposals in the year:

3,700 shares in The Prime XII Investments LDA (formerly Adquirsale) at a cost of €3,700 on 27 November 2023.

50,000 shares in The Prime I Consulting Unipessoal LDA at a cost of €50,000 on 22 March 2024.

200,816.98 shares in The Prime X Monte Verde LDA at cost of €200,816.98 on 22 March 2024.

468,572.95 shares in The Prime X Monte Verde LDA at cost of €468,572.95 on 22 March 2024.

The Prime Energize Holding Limited (Registered number: 07800594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
€    €   
Loan - Prime I Consult Unip 221,211 -
Beneficial owner loan 202 -
Prepayments 1,001 3,078
Other debtors 581,025 528,471
Loan - Sana Salutis 7,141 -
Loan - Justin Amorim 59,763 -
Loan - Frederico Mira 50,000 -
Loan - Etiderwish Unipessoal 377,947 369,947
Loan - Business and Solutions 123,335 120,445
Loan - SMM 6,770,637 6,975,637
Loan - Prime I Consulting SA 76,600 76,600
Loan - Prime II Energize LDA 28,000 28,000
Loan - The Prime VII - Real Es 461,879 -
Loan - The Prime XI Holding 625,000 625,000
9,383,741 8,727,178

The loans to The Prime I Consulting Unipessoal LDA, Beneficial Owner, Sana Salutis, Justin Amorim, Frederico Mira, Etiderwish Unipessoal LDA, Business and Solutions (Formerly: The Prime IX Corporate), SMM - Sociedade Imobiliaria LDA, The Prime I Consulting S.A, Prime II Energize LDA, The Prime VII - Real Estate Unip. LDA and The Prime XI Holding Capital LDA are unsecured, interest free and repayable on demand.

Other debtors are made up of numerous loans with various companies under the same beneficial ownership and are unsecured, interest-free and without a specified repayment date. A full breakdown is listed in the related party note.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
€    €   
Loan - The Prime XII Inv LDA 235,541 141,895
Loan - Sun House Consulting 3,700 3,700
Loan - Prime I Consulting Unip - 50,000
Loan - The Prime IV-Tourism 669,390 200,817
Trade creditors - 700
Accruals 6,115 3,852
914,746 400,964

The loans from The Prime XII Investments LDA (Formerly Adquirsale), Sun House Consulting Business Unipessoal LDA and The Prime IV-Tourism Management LDA are unsecured, interest-free and without a specified repayment date. The loan from The Prime I Consulting Unipessoal LDA was repaid during the year.

The Prime Energize Holding Limited (Registered number: 07800594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as restated
€    €   
1,000 Ordinary £1 1,129 1,129

9. RESERVES
Retained
earnings
€   

At 1 November 2023 8,846,867
Deficit for the year (36,681 )
At 31 October 2024 8,810,186

10. RELATED PARTY DISCLOSURES

SMM - Sociedade Imobiliaria LDA

Common control


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 6,770,637 6,975,637

Etiderwish Unipessoal LDA

Subsidiary


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 377,947 369,947

The Prime I Consulting S.A

Common control


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 76,600 76,600

The Prime Energize Holding Limited (Registered number: 07800594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


10. RELATED PARTY DISCLOSURES - continued

Prime II Energize LDA

Common control


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 28,000 28,000

The Prime XI Holding Capital LDA

Common control


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 625,000 625,000

Frederico Miguel de Freitas Mira

Son of Director/Beneficial owner


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 50,000 -

The Prime XII Investments LDA

Common control


2024 2023
as restated
€    €   
Amount due to related party at the balance sheet date 235,541 141,895

The Prime Energize Holding Limited (Registered number: 07800594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


10. RELATED PARTY DISCLOSURES - continued

Other debtors

Common control


Silicon Gulf.com LLC €47,671.85
Villa Magna Capital Limited €44,353.37
ThePrimeXMonteVerde €80,000.00
THE PRIME VII - Real Estate Uni €8,615.00
The Prime V Beach Club LD €50,000.00
ThePrimeIV-TourismManagementLDA - Lavipoint (€19,384.84)
The Prime III Rent a Car €268,000.00
Sun House Consulting €1,949.29
Obsidian Property LLC €6,481.10
Blue Garden LLC €15,838.99
Prime XI Holding Capital Lda €77,500.00

2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 581,025 528,471

The Prime I Consulting Unipessoal LDA

Common control


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 221,211 -

The Prime VII - Real Estate Unip. Lda

Common control


2024 2023
as restated
€    €   
Amount due from related party at the balance sheet date 461,879 -

11. POST BALANCE SHEET EVENTS

The effect of events relating to the year ended 31 October 2024, which occurred before the date of approval of the financial statements by the director, have been included to the extent required to show a true and fair view of the state of affairs at 31 October 2024 and of the results of the year ended on that date.