REGISTERED NUMBER: 15816523 (England and Wales)

Prime Flooring Ltd

Unaudited Financial Statements

for the Period 3 July 2024 to 31 July 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

D G Aitken

Registered office:

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Registered number:

15816523 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Intangible assets

4

6,300

Tangible assets

5

8,054

14,354

Current assets

Debtors

6

3,970

Cash at bank

58,292

62,262

Creditors

Amounts falling due within one year

7

62,770

Net current liabilities

(508

)

Total assets less current liabilities

13,846

Capital and reserves

Called up share capital

100

Retained earnings

13,746

13,846

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 16 September 2025 and were signed by:

D G Aitken - Director

1.	Statutory information

Prime Flooring 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.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

3.	Employees and directors

The average number of employees during the period was 1 .

4.	Intangible fixed assets

Goodwill

£

Cost

Additions

7,000

At 31 July 2025

7,000

Amortisation

Charge for period

700

At 31 July 2025

700

Net book value

At 31 July 2025

6,300

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

Additions

10,067

At 31 July 2025

10,067

Depreciation

Charge for period

2,013

At 31 July 2025

2,013

Net book value

At 31 July 2025

8,054

6.

Debtors: amounts falling due within one year

£

Trade debtors

3,970

7.

Creditors: amounts falling due within one year

£

Taxation and social security

25,206

Other creditors

37,564

62,770