1 October 2023 false No description of principal activity Taxfiler 2024.6 SC516191business:PrivateLimitedCompanyLtd2023-10-012024-09-30 SC5161912023-09-30 SC5161912023-10-012024-09-30 SC516191business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 SC516191business:FilletedAccounts2023-10-012024-09-30 SC5161912024-09-30 SC516191business:Director12023-10-012024-09-30 SC516191business:RegisteredOffice2023-10-012024-09-30 SC5161912023-09-30 SC516191core:WithinOneYear2024-09-30 SC516191core:WithinOneYear2023-09-30 SC516191core:AfterOneYear2024-09-30 SC516191core:AfterOneYear2023-09-30 SC516191core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC516191core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC516191core:CapitalContributionReservecore:PreviouslyStatedAmount2024-09-30 SC516191core:CapitalContributionReservecore:PreviouslyStatedAmount2023-09-30 SC516191core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC516191core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC516191core:PreviouslyStatedAmount2024-09-30 SC516191core:PreviouslyStatedAmount2023-09-30 SC516191business:SmallEntities2023-10-012024-09-30 SC516191countries:Scotland2023-10-012024-09-30 SC516191core:PlantMachinery2023-10-012024-09-30 SC516191core:LandBuildings2023-09-30 SC516191core:PlantMachinery2023-09-30 SC516191core:LandBuildings2023-10-012024-09-30 SC516191core:LandBuildings2024-09-30 SC516191core:PlantMachinery2024-09-30 SC5161912022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC516191 (Scotland)
Primemill Limited Unaudited accounts for the year ended 30 September 2024
Primemill Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Primemill Limited Company Information for the year ended 30 September 2024
Director
Gary Smith
Company Number
SC516191 (Scotland)
Registered Office
40 Glenburn Road College Milton East Kilbride G74 5BA Scotland
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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Primemill Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
433,606 
815,142 
Current assets
Debtors
5
16,474 
36,079 
Cash at bank and in hand
2,095 
145 
18,569 
36,224 
Creditors: amounts falling due within one year
6
(8,356)
(11,535)
Net current assets
10,213 
24,689 
Total assets less current liabilities
443,819 
839,831 
Creditors: amounts falling due after more than one year
7
(375,005)
(615,116)
Net assets
68,814 
224,715 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
49,994 
182,382 
Profit and loss account
18,720 
42,233 
Shareholders' funds
68,814 
224,715 
For the year ending 30 September 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 5 October 2025 and were signed on its behalf by
Gary Smith Director Company Registration No. SC516191
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Primemill Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Primemill Limited is a private company, limited by shares, registered in Scotland, registration number SC516191. The registered office is 40 Glenburn Road, College Milton, East Kilbride, G74 5BA, Scotland.
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.
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
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
813,842 
4,043 
817,885 
Additions
- 
35,790 
35,790 
Disposals
(413,636)
- 
(413,636)
At 30 September 2024
400,206 
39,833 
440,039 
Depreciation
At 1 October 2023
- 
2,743 
2,743 
Charge for the year
- 
3,690 
3,690 
At 30 September 2024
- 
6,433 
6,433 
Net book value
At 30 September 2024
400,206 
33,400 
433,606 
At 30 September 2023
813,842 
1,300 
815,142 
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Primemill Limited Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
4,750 
Other debtors
16,474 
31,329 
16,474 
36,079 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
10 
Trade creditors
4,500 
7,669 
Taxes and social security
3,856 
3,856 
8,356 
11,535 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
227,653 
481,415 
Other creditors
147,352 
133,701 
375,005 
615,116 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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