Prime Grill Catering Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC723391

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		15,544		20,947

			15,544		20,947
CURRENT ASSETS
Stocks	5	1,000		1,000
Debtors	6	-		671
Cash at bank and in hand		3,111		6,001

		4,111		7,672
Creditors: Amounts Falling Due Within One Year	7	(241 )		(52 )

NET CURRENT ASSETS (LIABILITIES)			3,870		7,620

TOTAL ASSETS LESS CURRENT LIABILITIES			19,414		28,567

Creditors: Amounts Falling Due After More Than One Year	8		(23,870 )		(29,770 )

NET LIABILITIES			(4,456 )		(1,203 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(4,556 )		(1,303 )

SHAREHOLDERS' FUNDS			(4,456)		(1,203)

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Prime Grill Catering Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Smith

Director

17th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Prime Grill Catering Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC723391 . The registered office is 79 Mill Street, Rutherglen, Glasgow, Lanarkshire, G73 2LD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	33 1/3% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	26,684	10,000	662	37,346

As at 31 March 2025	26,684	10,000	662	37,346

Depreciation
As at 1 April 2024	11,584	4,375	440	16,399
Provided during the period	3,775	1,406	222	5,403

As at 31 March 2025	15,359	5,781	662	21,802

Net Book Value
As at 31 March 2025	11,325	4,219	-	15,544

As at 1 April 2024	15,100	5,625	222	20,947

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Prime Grill Catering Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Stocks

	2025	2024
	£	£
Stock	1,000	1,000

6. Debtors

	2025	2024
	£	£
Due within one year
Other taxes and social security	-	671

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	241	-
Pensions Payable	-	52

	241	52

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Directors loan account	23,870	29,770

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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