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REGISTERED NUMBER: 01200508 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2023 to 30 August 2024

for

Prelangate Limited

Prelangate Limited (Registered number: 01200508)

Contents of the Financial Statements

for the Period 1 September 2023 to 30 August 2024

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

Prelangate Limited (Registered number: 01200508)

Balance Sheet

30 August 2024

2024 | 2023 |

| Notes | £ | £

Fixed assets

Tangible assets | 5 | 353 |  | 472 |  |

Current assets

Stocks | 107,479 |  | 98,425 |  |

Debtors | 6 | 165,650 |  | 114,029 |  |

Cash at bank and in hand | 26,374 |  | 24,007 |  |

299,503 |  | 236,461 |  |

Creditors

Amounts falling due within one year | 7 | (274,690 | ) | (201,501 | ) |

Net current assets | 24,813 |  | 34,960 |  |

Total assets less current liabilities | 25,166 |  | 35,432 |  |

Creditors

Amounts falling due after more than one year | 8 | (14,942 | ) | (24,944 | ) |

Net assets | 10,224 |  | 10,488 |  |

Capital and reserves

Called up share capital | 10,000 |  | 10,000 |  |

Retained earnings | 224 |  | 488 |  |

10,224 |  | 10,488 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps 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 Sections 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.

Prelangate Limited (Registered number: 01200508)

Balance Sheet - continued

30 August 2024

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by:

Mr N A Dyke - Director

Prelangate Limited (Registered number: 01200508)

Notes to the Financial Statements

for the Period 1 September 2023 to 30 August 2024

1. | Statutory information

| Prelangate Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 01200508

| Registered office: | East Coast House

| Galahad Road

| Gorleston

| Great Yarmouth

| Norfolk

| NR31 7RU

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

2. | Statement of compliance

| 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.

3. | Accounting policies

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Leasehold property - straight line basis over term of lease

| Plant and machinery - 25% on reducing balance

| Fixtures and fittings - 25% on reducing balance

| Computer equipment - 50% on cost

Prelangate Limited (Registered number: 01200508)

Notes to the Financial Statements - continued

for the Period 1 September 2023 to 30 August 2024

3. | Accounting policies - continued

| Inventories

| Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Net realisable value is calculated at the lower of cost or selling price less cost to complete.

| Financial instruments

| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

| For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

| Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 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 entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Prelangate Limited (Registered number: 01200508)

Notes to the Financial Statements - continued

for the Period 1 September 2023 to 30 August 2024

3. | Accounting policies - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. | Employees and directors

| The average number of employees during the period was 12 (2023 - 12 ) .

5. | Tangible fixed assets

Fixtures |  |

Leasehold | Plant and | and | Computer |  |

property | machinery | fittings | equipment | Totals |

| £ | £ | £ | £ | £

| Cost

| At 1 September 2023 |

| and 30 August 2024 | 40,000 |  | 5,895 |  | 78,566 |  | 2,875 |  | 127,336 |  |

| Depreciation

| At 1 September 2023 | 39,999 |  | 5,514 |  | 78,477 |  | 2,874 |  | 126,864 |  |

| Charge for period | 1 |  | 95 |  | 22 |  | 1 |  | 119 |  |

| At 30 August 2024 | 40,000 |  | 5,609 |  | 78,499 |  | 2,875 |  | 126,983 |  |

| Net book value

| At 30 August 2024 | - |  | 286 |  | 67 |  | - |  | 353 |  |

| At 31 August 2023 | 1 |  | 381 |  | 89 |  | 1 |  | 472 |  |

6. | Debtors: amounts falling due within one year |

2024 | 2023 |

| £ | £

| Amounts owed by group undertakings | 165,650 |  | 110,450 |  |

| Other debtors | - |  | 3,579 |  |

165,650 |  | 114,029 |  |

Prelangate Limited (Registered number: 01200508)

Notes to the Financial Statements - continued

for the Period 1 September 2023 to 30 August 2024

7. | Creditors: amounts falling due within one year |

2024 | 2023 |

| £ | £

| Bank loans and overdrafts | 22,423 |  | 9,629 |  |

| Trade creditors | 100,733 |  | 93,844 |  |

| Amounts owed to group undertakings | 89,050 |  | 71,550 |  |

| Taxation and social security | 40,491 |  | 19,201 |  |

| Other creditors | 21,993 |  | 7,277 |  |

274,690 |  | 201,501 |  |

8. | Creditors: amounts falling due after more than one year |

2024 | 2023 |

| £ | £

| Bank loans | 14,942 |  | 24,944 |  |

9. | Related party disclosures

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. | Ultimate controlling party

| Divine Holdings Limited, a company registered in England and Wales, has ultimate control over Prelangate Limited.