Primedia Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07304471 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Primedia Solutions Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

P R Ibbetson

REGISTERED OFFICE:

St Cedds

High Street

Lastingham

North Yorkshire

YO62 6TQ

REGISTERED NUMBER:

07304471 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Limited

Grove House

1 Grove Place

Bedford

Bedfordshire

MK40 3JJ

FIXED ASSETS

Tangible assets

5

-

Investments

6

93,853

Investment property

7

285,000

378,853

CURRENT ASSETS

Cash at bank

54,620

56,909

CREDITORS

Amounts falling due within one year

8

49,058

44,447

NET CURRENT ASSETS

5,562

12,462

TOTAL ASSETS LESS CURRENT
LIABILITIES

384,415

391,315

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

384,413

391,313

SHAREHOLDERS' FUNDS

384,415

391,315

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2025 and were signed by:

P R Ibbetson - Director

1.	STATUTORY INFORMATION

Primedia Solutions 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

50% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the 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 or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those 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 the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December 2024

7,350

3,489

10,839

DEPRECIATION

At 1 January 2024

and 31 December 2024

7,350

3,489

10,839

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

93,853

NET BOOK VALUE

At 31 December 2024

93,853

At 31 December 2023

93,853

Investments in shares are included at fair value. The cost of the shares acquired in the year is considered to represent fair value.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

295,146

DEPRECIATION

At 1 January 2024

and 31 December 2024

10,146

NET BOOK VALUE

At 31 December 2024

285,000

At 31 December 2023

285,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Social security and other taxes

589

Other creditors

3,082

1,270

Directors' current accounts

44,308

41,454

Accrued expenses

1,079

1,134

49,058

44,447