REGISTERED NUMBER: 15249785 (England and Wales)

Financial Statements

for the Period 31 October 2023 to 31 December 2024

for

Prime London Investments II Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G T Rafferty

Mr J H Tani-Eshon

SECRETARY:

Hawksford UK Secretaries Limited

REGISTERED OFFICE:

Ground Floor

123 Pall Mall

St. James's

London

SW1Y 5EA

REGISTERED NUMBER:

15249785 (England and Wales)

AUDITORS:

Sumer Auditco Limited

Chartered Accountants & Statutory Auditors

14th Floor

33 Cavendish Square

London

W1G 0PW

CURRENT ASSETS

Debtors: amounts falling due within one year

4

25,215

Cash at bank

5

5,864,643

5,889,858

CREDITORS

Amounts falling due within one year

6

(33,443

)

NET CURRENT ASSETS

5,856,415

TOTAL ASSETS LESS CURRENT LIABILITIES

5,856,415

CAPITAL AND RESERVES

Called up share capital

7

61,450

Share premium

6,073,650

Retained earnings

(278,685

)

SHAREHOLDERS' FUNDS

5,856,415

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

Mr G T Rafferty - Director

Mr J H Tani-Eshon - Director

1.	STATUTORY INFORMATION

Prime London Investments II Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Foreign currencies

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences which are calculated at the date money changes hands are reported as either a gain or loss in the company's accounts.

At each period end foreign currency monetary items are translated using the closing rate.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

Interest receivable and similar income

Interest receivable and similar income comprise of interest earned through the company's bank account which is earned and paid out on a weekly basis.

Trade and other debtors

Short term debtors consist of amounts owed to the company in respect of bank interest accrued and unpaid share capital.

Trade and other creditors

Short term creditors consist of trade creditors and accrued expenses, both of which are measured at transaction price.

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

10,100

Accrued income

15,115

25,215

5.	CASH AT BANK

£

Bank deposit account

5,500,000

Business account

364,643

5,864,643

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

13,345

Accrued expenses

20,098

33,443

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

61,350

Share capital - A shares

£1

61,350

10,000

Share capital - B shares

£0.01

100

61,450

The following were allotted during the period at a premium as shown below:

61,250 A shares of £1 each at £99 per share

10,000 B shares of £0.01 each at £0.99 per share

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The auditors' report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 28/10/2025 by Chris Cheung FCCA (Senior statutory auditor) on behalf of Sumer Auditco Limited.

9.	RELATED PARTY DISCLOSURES

The directors of the company are also the directors of Hawksford UK Services Limited, a professional services company. Hawksford UK Services Limited receives annual responsibility fees for the provision of two UK resident directors as well as other accountancy related fees.

Fees paid by the company to Hawksford UK Services Limited for the provision of accountancy and administrative services are in the total of £52,437.