Company Registration No. 04953534 (England and Wales)
PRIMARY IT SUPPORT LIMITED
Unaudited accounts
for the year ended 31 December 2024
PRIMARY IT SUPPORT LIMITED
Unaudited accounts
Contents
PRIMARY IT SUPPORT LIMITED
Company Information
for the year ended 31 December 2024
Director
Bernadette Kelly Bizanjo
Company Number
04953534 (England and Wales)
Registered Office
The Hive - Office 2
Bell Lane
Stevenage
SG1 3HW
PRIMARY IT SUPPORT LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
8,008
14,915
Cash at bank and in hand
16,318
12,126
Creditors: amounts falling due within one year
(216,006)
(42,751)
Net current liabilities
(189,689)
(14,323)
Total assets less current liabilities
(181,681)
592
Creditors: amounts falling due after more than one year
(29,298)
(39,793)
Net liabilities
(210,979)
(39,201)
Called up share capital
100
100
Profit and loss account
(211,079)
(39,301)
Shareholders' funds
(210,979)
(39,201)
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 her 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 29 September 2025 and were signed on its behalf by
Bernadette Kelly Bizanjo
Director
Company Registration No. 04953534
PRIMARY IT SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 December 2024
PRIMARY IT SUPPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04953534. The registered office is The Hive - Office 2, Bell Lane, Stevenage, SG1 3HW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% on straight line basis
Fixtures & fittings
50% on straight line basis
The company has opted for a BBLS scheme with no fees or interest to pay for the first 12 months. After 12 months, the interest is capped at 2.5% per year and the loan will be repaid over a period of 5 years.
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.
PRIMARY IT SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
32,508
4,637
1,169
38,314
At 31 December 2024
32,508
4,637
1,422
38,567
At 1 January 2024
18,421
4,637
341
23,399
Charge for the year
6,501
-
659
7,160
At 31 December 2024
24,922
4,637
1,000
30,559
At 31 December 2024
7,586
-
422
8,008
At 31 December 2023
14,087
-
828
14,915
Amounts falling due within one year
Trade debtors
9,419
16,302
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,080
4,905
Loans from directors
211,627
27,000
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,943
14,742
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).