| Registered Number:14982043 |
For the year ended 30 June 2025
England and Wales
Report of the Director and Unaudited Financial Statements
For the year ended 30 June 2025
PRIME PALLETS LIMITED
Contents Page
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7 to 8
Notes to the Financial Statements
For the year ended 30 June 2025
PRIME PALLETS LIMITED
Company Information
Billy James Dobson
Director
14982043
Springfield Nursery
Pick Hill
Waltham Abbey
Herts
EN9 3LE
A L C Pateman
Accountants
59, Kimpton Close
Hemel Hempstead
Herts
HP2 7PW
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For the year ended 30 June 2025
PRIME PALLETS LIMITED
Director's Report
The director presents his report and financial statements for the year ended 30 June 2025.
| The principal activity of the company continued to be that of pallet trading and related services.. |
Director
The director who served the company throughout the year was as follows:
Billy James Dobson
Signed on behalf of the board of directors
| This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
04 September 2025
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For the year ended 30 June 2025
PRIME PALLETS LIMITED
Independent Accountants' Report
| As described on the Statement of Financial Position you are responsible for the preparation |
| of the financial statements for the year ended 30 June 2025 and you consider that the |
| company is exempt from an audit under the Companies Act 2006. In accordance with your |
| instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and |
| explanations supplied to us. |
A L C Pateman
59, Kimpton Close
Hemel Hempstead
Herts
HP2 7PW
02 September 2025
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For the year ended 30 June 2025
PRIME PALLETS LIMITED
Income Statement
2024
2025
145,220
-
-
(118,727)
-
Gross profit
26,493
(16,169)
(4,421)
Operating profit
10,324
(4,421)
10,324
(4,421)
Profit before taxation
(183)
-
10,141
Profit for the financial year
(4,421)
4 of 8
PRIME PALLETS LIMITED
Statement of Financial Position
2024
2025
| Property, plant and equipment |
4,840
6,050
2
4,840
6,050
-
1,000
3
545
| Cash and cash equivalents |
2,999
3,999
545
| Trade and other payables: amounts falling due |
| within one year |
(11,015)
(7,118)
4
(10,470)
(3,119)
Net current liabilities
| Total assets less current liabilities |
1,721
(4,420)
1,721
Net assets/liabilities
(4,420)
1
1
1,720
(4,421)
1,721
(4,420)
Shareholders' funds
| For the year ended 30 June 2025 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 of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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 in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 04 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 June 2025
PRIME PALLETS LIMITED
Statement of Changes in Equity
Total
-
-
-
| Share issue during the period |
1
1
(4,421)
(4,421)
Loss for the period
| Balance at 30 June 2024 and 01 July 2024 |
(4,420)
(4,421)
1
10,141
10,141
Profit/Loss for the year
(4,000)
(4,000)
1
1,720
1,721
6 of 8
For the year ended 30 June 2025
PRIME PALLETS LIMITED
Notes to the Financial Statements
Statutory Information
| PRIME PALLETS LIMITED is a private limited company, limited by shares, domiciled in |
| England and Wales, registration number 14982043. |
Springfield Nursery
Pick Hill
Waltham Abbey
Herts
EN9 3LE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of |
| Section 1A of Financial Reporting Standard 102 ''The Financial Reporting Standard |
| applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial |
| statements have been prepared under the historical costs convention as modified by the |
| revaluation of certain assets. |
| 2. Property, plant and equipment |
7,495
995
6,500
6,500
995
7,495
| Provision for depreciation and impair |
| ment |
1,445
145
1,300
Charge for year
1,210
170
1,040
2,655
315
2,340
4,160
680
4,840
5,200
850
6,050
2024
2025
1,000
-
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For the year ended 30 June 2025
PRIME PALLETS LIMITED
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
2,043
-
| Taxation and social security |
183
-
4,892
11,015
7,118
11,015
| 5. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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