Primexchange Ltd - Filleted accounts

Registered number

15040970

Primexchange Ltd

Filleted Accounts

31 August 2025

Primexchange Ltd
Registered number:		15040970
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Current assets
Cash at bank and in hand		110			545

Creditors: amounts falling due within one year	3	(1,675)			(2,348)

Net current liabilities			(1,565)			(1,803)

Net liabilities			(1,565)			(1,803)

Capital and reserves
Called up share capital			2			2
Profit and loss account			(1,567)			(1,805)

Shareholders' funds			(1,565)			(1,803)
			-			-
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Rahila Mohamed Mukadam
Director
Approved by the board on 29 April 2026

Primexchange Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	300		-
	Other creditors	1,375		2,348
		1,675		2,348


4	Other information

	Primexchange Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	30 Davey Road
	Birmingham
	West Midlands
	B20 3DR


5	Going concern

	The financial statements have been prepared on the basis that the company is a going concern and that the directors will continue to support the company