Company Registration No. 13169969 (England and Wales)
Prime Electric Power Company Ltd
Unaudited accounts
for the year ended 31 October 2025
Prime Electric Power Company Ltd
Unaudited accounts
Contents
Prime Electric Power Company Ltd
Company Information
for the year ended 31 October 2025
Company Number
13169969 (England and Wales)
Registered Office
38a Somerford Grove Estate
London
N16 7TJ
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Prime Electric Power Company Ltd
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
911
3,789
Creditors: amounts falling due within one year
(18,988)
(10,311)
Net current assets
378
2,192
Called up share capital
100
100
Profit and loss account
514
2,380
Shareholders' funds
614
2,480
For the year ending 31 October 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 May 2026 and were signed on its behalf by
Mr I Duzel
Director
Company Registration No. 13169969
Prime Electric Power Company Ltd
Notes to the Accounts
for the year ended 31 October 2025
Prime Electric Power Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 13169969. The registered office is 38a Somerford Grove Estate, London, N16 7TJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% - reducing line method
4
Tangible fixed assets
Plant & machinery
Prime Electric Power Company Ltd
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
Other debtors
18,455
8,714
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
18,166
9,478
Loans from directors
22
33
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included within other creditors is an amount of £22 (2025;£33) due to its directors. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).