REGISTERED NUMBER: 10263227 (England and Wales)

PRIMUS EDGE (MANAGEMENT) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Vyas

D J Inglis

REGISTERED OFFICE:

5-7 Mill Fold

Mill Fold Way

Sowerby Bridge

West Yorkshire

HX6 4DJ

REGISTERED NUMBER:

10263227 (England and Wales)

FIXED ASSETS

Tangible assets

4

21

512

CURRENT ASSETS

Stocks

2,072

2,863

Debtors

5

57,866

102,222

Cash at bank and in hand

61,275

19,355

121,213

124,440

CREDITORS

Amounts falling due within one year

6

(96,830

)

(88,624

)

NET CURRENT ASSETS

24,383

35,816

TOTAL ASSETS LESS CURRENT LIABILITIES

24,404

36,328

CREDITORS

Amounts falling due after more than one year

7

(11,667

)

(21,667

)

NET ASSETS

12,737

14,661

RESERVES

Sinking fund

12,737

14,661

12,737

14,661

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 surplus or deficit 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

D J Inglis - Director

H Vyas - Director

1.	STATUTORY INFORMATION

Primus Edge (Management) Limited is a private company, limited by guarantee , 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.

Turnover

Service charges represent net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Government grants

Government grants relate to interest covered by the government, in the first twelve months, on bounceback loans. The income has been matched to the period in which the costs relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

and 30 September 2024

3,837

DEPRECIATION

At 1 October 2023

3,325

Charge for year

491

At 30 September 2024

3,816

NET BOOK VALUE

At 30 September 2024

21

At 30 September 2023

512

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

39,909

69,164

Other debtors

17,957

33,058

57,866

102,222

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

82,057

67,418

Taxation and social security

(7,586

)

(7,586

)

Other creditors

12,359

18,792

96,830

88,624

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

11,667

21,667

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

21,667

31,667

The bank loan is secured by the UK Government under the Bounce Back loan initiative.

9.	LIMITED BY GUARANTEE

The company is limited by Guarantee and the liability of members is limited to £1.