Silverfin false false 31/12/2025 01/01/2025 31/12/2025 S P Dennett 31/03/2025 18/09/2023 B J Moore 18/09/2023 H L Moore 18/09/2023 M Swarbrick 31/03/2025 31 March 2026 The principal activity of the Company during the financial year was the sale, service and repair of recycling equipment. 15145168 2025-12-31 15145168 bus:Director1 2025-12-31 15145168 bus:Director2 2025-12-31 15145168 bus:Director3 2025-12-31 15145168 bus:Director4 2025-12-31 15145168 core:CurrentFinancialInstruments 2025-12-31 15145168 core:CurrentFinancialInstruments 2024-12-31 15145168 2024-12-31 15145168 core:ShareCapital 2025-12-31 15145168 core:ShareCapital 2024-12-31 15145168 core:RetainedEarningsAccumulatedLosses 2025-12-31 15145168 core:RetainedEarningsAccumulatedLosses 2024-12-31 15145168 2025-01-01 2025-12-31 15145168 bus:FilletedAccounts 2025-01-01 2025-12-31 15145168 bus:SmallEntities 2025-01-01 2025-12-31 15145168 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 15145168 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 15145168 bus:Director1 2025-01-01 2025-12-31 15145168 bus:Director2 2025-01-01 2025-12-31 15145168 bus:Director3 2025-01-01 2025-12-31 15145168 bus:Director4 2025-01-01 2025-12-31 15145168 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Company No: 15145168 (England and Wales)

# PRM PROJECTS LTD

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

PRM PROJECTS LTD

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

PRM PROJECTS LTD

## BALANCE SHEET

As at 31 December 2025
PRM PROJECTS LTD

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 156,233 |  | 171,922
Cash at bank and in hand |  | 110,713 |  | 255,087
|  | 266,946 |  | 427,009
Creditors: amounts falling due within one year | 4 | ( 256,563) |  | ( 175,212)
Net current assets |  | 10,383 |  | 251,797
Total assets less current liabilities |  | 10,383 |  | 251,797
Net assets |  | 10,383 |  | 251,797
Capital and reserves |  |  |  |
Called-up share capital |  | 1 |  | 1
Profit and loss account |  | 10,382 |  | 251,796
Total shareholder's funds |  | 10,383 |  | 251,797

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of PRM Projects Ltd (registered number: 15145168) were approved and authorised for issue by the Board of Directors on 31 March 2026. They were signed on its behalf by:

H L Moore Director |

PRM PROJECTS LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
PRM PROJECTS LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

PRM Projects Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 21 Knights Road, Chelston Business Park, Wellington, Somerset, TA21 9JH, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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 deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 3 |  | 3

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 81,720 |  | 0
Amounts owed by Group undertakings | 20,597 |  | 139,933
Other debtors | 53,916 |  | 31,989
| 156,233 |  | 171,922

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 220,502 |  | 101,575
Taxation and social security | 0 |  | 51,372
Other creditors | 36,061 |  | 22,265
| 256,563 |  | 175,212