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Company Registration No. 09369408 (England and Wales)
PRZM LIMITED Unaudited accounts for the year ended 31 December 2024
PRZM LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PRZM LIMITED Company Information for the year ended 31 December 2024
Director
Mr A M Raymond
Company Number
09369408 (England and Wales)
Registered Office
71 - 75 Shelton Street Covent Garden London WC2H 9JQ England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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PRZM LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,908 
4,646 
Current assets
Debtors
5
6,807 
10,514 
Cash at bank and in hand
18,340 
18,038 
25,147 
28,552 
Creditors: amounts falling due within one year
6
(11,993)
(12,304)
Net current assets
13,154 
16,248 
Total assets less current liabilities
17,062 
20,894 
Creditors: amounts falling due after more than one year
7
(1,364)
(4,622)
Net assets
15,698 
16,272 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
15,697 
16,271 
Shareholders' funds
15,698 
16,272 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2025 and were signed on its behalf by
Mr A M Raymond Director Company Registration No. 09369408
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PRZM LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PRZM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09369408. The registered office is 71 - 75 Shelton Street, Covent Garden , London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
33.33% on Cost
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PRZM LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
13,464 
- 
13,464 
Additions
- 
508 
508 
At 31 December 2024
13,464 
508 
13,972 
Depreciation
At 1 January 2024
8,818 
- 
8,818 
Charge for the year
1,162 
84 
1,246 
At 31 December 2024
9,980 
84 
10,064 
Net book value
At 31 December 2024
3,484 
424 
3,908 
At 31 December 2023
4,646 
- 
4,646 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,632 
9,471 
Accrued income and prepayments
1,175 
1,043 
6,807 
10,514 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,260 
3,261 
VAT
2,950 
4,301 
Taxes and social security
2,643 
1,795 
Loans from directors
1,640 
1,447 
Accruals
1,500 
1,500 
11,993 
12,304 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,364 
4,622 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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