PRCO LTD

Company Registration Number:
06023843 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

PRCO LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

PRCO LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 61,037 27,828
Investments: 4 892,157 892,157
Total fixed assets: 953,194 919,985
Current assets
Stocks: 0 0
Debtors:   4,972,560 1,319,822
Cash at bank and in hand: 677,938 1,124,646
Investments:   0 0
Total current assets: 5,650,498 2,444,468
Creditors: amounts falling due within one year:   (3,962,812) (1,036,982)
Net current assets (liabilities): 1,687,686 1,407,486
Total assets less current liabilities: 2,640,880 2,327,471
Total net assets (liabilities): 2,640,880 2,327,471
Capital and reserves
Called up share capital: 5,030 5,030
Profit and loss account: 2,635,850 2,322,441
Shareholders funds: 2,640,880 2,327,471

The notes form part of these financial statements

PRCO LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: Robert Lyle
Status: Director

The notes form part of these financial statements

PRCO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRCO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 33

PRCO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 47,741
Additions 44,154
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 91,895
Depreciation
At 01 January 2024 19,913
Charge for year 10,945
On disposals 0
Other adjustments 0
At 31 December 2024 30,858
Net book value
At 31 December 2024 61,037
At 31 December 2023 27,828

PRCO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

5. Investments Shares in group undertakings Cost £ At 1 January 2024 892,157 Additions during the year - At 31 December 2024 892,157 Provisions for impairment At 1 January 2024 - Provisions raised during the year. - At 31 December 2024 - Net book value At 31 December 2024 892,157 At 31 December 2023 892,157

PRCO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party:
Relationship:
Subsidary
Description of the Transaction: Related Party Transaction
£
Balance at 01 January 2024 105,565
Balance at 31 December 2024 433,003
Name of the related party: PRCO FZ LLC
Relationship:
Subsidary
Description of the Transaction: Expenses paid by parent on behalf of subsidary.
£
Balance at 01 January 2024 2,946,872
Balance at 31 December 2024 2,501,526
Name of the related party: PRCO Asia
Relationship:
Subsidary
Description of the Transaction: Related Party Transaction
£
Balance at 01 January 2024 104,056
Balance at 31 December 2024 111,909
Name of the related party: PRCO Shanghai
Relationship:
Subsidary
Description of the Transaction: Related Party Transaction
£
Balance at 01 January 2024 23,137
Balance at 31 December 2024 26,859
Name of the related party: PRCO Arabia
Relationship:
Subsidary
Description of the Transaction: Related Party Transaction
£
Balance at 01 January 2024 1,232
Balance at 31 December 2024 1,253
Name of the related party: PRCO Investments
Relationship:
Sister Company
Description of the Transaction: Related Party Transaction
£
Balance at 01 January 2024 0
Balance at 31 December 2024 5,331