1 November 2023 false No description of principal activity Taxfiler 2024.6 12244441business:PrivateLimitedCompanyLtd2023-11-012024-10-31 122444412023-10-31 122444412023-11-012024-10-31 12244441business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 12244441business:FilletedAccounts2023-11-012024-10-31 122444412024-10-31 12244441business:Director12023-11-012024-10-31 12244441business:RegisteredOffice2023-11-012024-10-31 12244441core:WithinOneYear2024-10-31 12244441core:AfterOneYear2024-10-31 12244441core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 12244441core:PreviouslyStatedAmount2024-10-31 12244441business:SmallEntities2023-11-012024-10-31 12244441countries:EnglandWales2023-11-012024-10-31 12244441core:PlantMachinery2023-10-31 12244441core:MotorVehicles2023-10-31 12244441core:ComputerEquipment2023-10-31 12244441core:PlantMachinery2023-11-012024-10-31 12244441core:MotorVehicles2023-11-012024-10-31 12244441core:ComputerEquipment2023-11-012024-10-31 12244441core:PlantMachinery2024-10-31 12244441core:MotorVehicles2024-10-31 12244441core:ComputerEquipment2024-10-31 12244441core:AfterOneYear2023-11-012024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12244441 (England and Wales)
Prim8 Industries LTD Unaudited accounts for the year ended 31 October 2024
Prim8 Industries LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Prim8 Industries LTD Company Information for the year ended 31 October 2024
Director
Jerry Pettie
Company Number
12244441 (England and Wales)
Registered Office
EARSHAM MILL ESTATE CHURCH ROAD EARSHAM BUNGAY NORFOLK NR35 2TQ ENGLAND
Accountants
C Harrison Business Services Dunburgh Farm Geldeston Beccles NR34 0LN
- 3 -
Prim8 Industries LTD Statement of financial position as at 31 October 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
25,704 
Current assets
Inventories
4,150 
Debtors
5
85 
Cash at bank and in hand
8,137 
12,372 
Creditors: amounts falling due within one year
6
(11,120)
Net current assets
1,252 
Total assets less current liabilities
26,956 
Creditors: amounts falling due after more than one year
7
(31,886)
Net liabilities
(4,930)
Capital and reserves
Profit and loss account
(4,930)
Shareholders' funds
(4,930)
For the year ending 31 October 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 31 October 2025 and were signed on its behalf by
Jerry Pettie Director Company Registration No. 12244441
- 4 -
Prim8 Industries LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Prim8 Industries LTD is a private company, limited by shares, registered in England and Wales, registration number 12244441. The registered office is EARSHAM MILL ESTATE CHURCH ROAD, EARSHAM, BUNGAY, NORFOLK, NR35 2TQ, ENGLAND.
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.
Government grants
10,000 of Government Grants were received in FY 2020 due to Covid-19
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
30,761 
- 
238 
30,999 
Additions
- 
16,175 
- 
16,175 
At 31 October 2024
30,761 
16,175 
238 
47,174 
Depreciation
At 1 November 2023
6,503 
- 
95 
6,598 
Charge for the year
11,445 
3,475 
(48)
14,872 
At 31 October 2024
17,948 
3,475 
47 
21,470 
Net book value
At 31 October 2024
12,813 
12,700 
191 
25,704 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
85 
Amounts falling due after more than one year
- 5 -
Prim8 Industries LTD Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
(998)
Trade creditors
11,441 
Taxes and social security
677 
11,120 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
7,465 
Loans from directors
24,421 
31,886 
Bounce Back Loan via Natwest; 20,000. Directors loan; 16808 with no interest being charged to the company.
8
Average number of employees
During the year the average number of employees was 2.
- 6 -