REGISTERED NUMBER: 06645112 (England and Wales)

Prix Fixe Limited

Unaudited financial statements

for the year ended 30 June 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

B Isiksalan

Registered office:

Construction House

Runwell Road

Wickford

Essex

SS11 7HQ

Registered number:

06645112 (England and Wales)

Accountants:

Clay Ratnage Strevens & Hills

Chartered Accountants

Construction House, Runwell Road

Wickford

Essex

SS11 7HQ

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

27,702

31,341

27,702

31,341

Current assets

Stock

9,070

3,950

Debtors

6

1,600,174

1,418,143

Cash at bank and in hand

25,862

65,703

1,635,106

1,487,796

Creditors

Amounts falling due within one year

7

303,677

389,075

Net current assets

1,331,429

1,098,721

Total assets less current liabilities

1,359,131

1,130,062

Provisions for liabilities

8

4,788

5,698

Net assets

1,354,343

1,124,364

Capital and reserves

Called up share capital

100

100

Retained earnings

1,354,243

1,124,264

1,354,343

1,124,364

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 16 March 2026 and were signed by:

B Isiksalan - Director

1.	Statutory information

Prix Fixe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the company has transferred the significant risks and rewards of ownership to the buyer;

- the company retains neither continuing managerial involvement to the degree usually associated with

ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Stock

Stock is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stock is assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Taxation

Taxation for the year 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.

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 year 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.

Pension costs and other post-retirement benefits

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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.

3.	Employees and directors

The average number of employees during the year was 11 (2024 - 10 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 July 2024

and 30 June 2025

250,848

Amortisation

At 1 July 2024

and 30 June 2025

250,848

Net book value

At 30 June 2025

-

At 30 June 2024

-

5.	Tangible fixed assets

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

Cost

At 1 July 2024

8,550

36,892

104,212

149,654

Additions

-

2,556

-

2,556

At 30 June 2025

8,550

39,448

104,212

152,210

Depreciation

At 1 July 2024

-

34,524

83,789

118,313

Charge for year

-

1,234

4,961

6,195

At 30 June 2025

-

35,758

88,750

124,508

Net book value

At 30 June 2025

8,550

3,690

15,462

27,702

At 30 June 2024

8,550

2,368

20,423

31,341

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Amounts owed by group undertakings

1,564,106

1,389,423

Other debtors

36,068

28,720

1,600,174

1,418,143

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

-

7,537

Trade creditors

86,931

91,672

Amounts owed to group undertakings

66,847

86,386

Taxation and social security

144,713

191,352

Other creditors

5,186

12,128

303,677

389,075

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

4,788

5,698

Deferred

tax

£

Balance at 1 July 2024

5,698

Released during the year

(910

)

Balance at 30 June 2025

4,788

9.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension charge represents contributions payable by the company to the fund and amounted to £2,667 (2024 - £2,436). Contributions totalling £1,098 (2024 - £383) were payable to the fund at the balance sheet date and are included in creditors.

10.	Related party transactions

As at the balance sheet date, the company was owed £1,410,863 by its parent company, Civilpack Limited (2024 - £1,389,423). No interest was charged on this amount.

As at the balance sheet date, the company was owed £153,243 (2024 - £36,631 creditor) by Wayrest Limited and owed £20,000 (2024 - £5,000) to Sana Bana Limited, both of which are companies under common control. No interest was charged on these amounts.

As at the balance sheet date, the company owed £46,847 (2024 - £44,755) to an associated company, Make Mine Limited. No interest was charged on this amount.

11.	Controlling party

The company's ultimate parent company as at the balance sheet date was Civilpack Limited, registered at Construction House, Runwell Road, Wickford, Essex, SS11 7HQ.

The company's ultimate controlling party as at the balance sheet date was B Isiksalan.