Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 NI053684 Mr Philip Rex Morrow Mr Philip Rex Morrow true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI053684 2024-12-31 NI053684 2025-12-31 NI053684 2025-01-01 2025-12-31 NI053684 frs-core:CurrentFinancialInstruments 2025-12-31 NI053684 frs-core:Non-currentFinancialInstruments 2025-12-31 NI053684 frs-core:PlantMachinery 2025-12-31 NI053684 frs-core:PlantMachinery 2025-01-01 2025-12-31 NI053684 frs-core:PlantMachinery 2024-12-31 NI053684 frs-core:ShareCapital 2025-12-31 NI053684 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI053684 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI053684 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 NI053684 frs-bus:SmallEntities 2025-01-01 2025-12-31 NI053684 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 NI053684 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 NI053684 1 2025-01-01 2025-12-31 NI053684 frs-bus:Director1 2025-01-01 2025-12-31 NI053684 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 NI053684 frs-countries:NorthernIreland 2025-01-01 2025-12-31 NI053684 2023-12-31 NI053684 2024-12-31 NI053684 2024-01-01 2024-12-31 NI053684 frs-core:CurrentFinancialInstruments 2024-12-31 NI053684 frs-core:Non-currentFinancialInstruments 2024-12-31 NI053684 frs-core:ShareCapital 2024-12-31 NI053684 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: NI053684
PRM Logistics Ltd
Financial Statements
For The Year Ended 31 December 2025
McCleary & Company Ltd.
PRM Logistics Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
PRM Logistics Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: NI053684

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 850,734 |  | 907,824
|  |  | 850,734 |  | 907,824
CURRENT ASSETS
Debtors | 5 | 286,216 |  | 277,519 |
Cash at bank and in hand |  | 6,833 |  | 164,514 |
|  | 293,049 |  | 442,033 |
Creditors: Amounts Falling Due Within One Year | 6 | (380,339 ) |  | (472,668 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (87,290 ) |  | (30,635 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 763,444 |  | 877,189
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (70,000 ) |  | (190,000 )
NET ASSETS |  |  | 693,444 |  | 687,189
CAPITAL AND RESERVES
Called up share capital | 8 |  | 10,001 |  | 10,001
Profit and Loss Account |  |  | 683,443 |  | 677,188
SHAREHOLDERS' FUNDS |  |  | 693,444 |  | 687,189

Page 1
Page 2
PRM Logistics Ltd
Balance Sheet (continued)
As At 31 December 2025
For the 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.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Philip Rex Morrow Director
27 February 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
PRM Logistics Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
PRM Logistics Ltd is a private company, limited by shares, incorporated in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 20% on cost

2.4. Leasing and Hire Purchase Contracts
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.
Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
2.5. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.
2.7. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
Page 3
Page 4
PRM Logistics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 67 (2024: 64)
67 64
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 January 2025 | 1,273,611
Additions | 97,440
As at 31 December 2025 | 1,371,051
Depreciation
As at 1 January 2025 | 365,787
Provided during the period | 154,530
As at 31 December 2025 | 520,317
Net Book Value
As at 31 December 2025 | 850,734
As at 1 January 2025 | 907,824

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 237,025 |  | 227,837
Other debtors | 49,191 |  | 49,682
| 286,216 |  | 277,519

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 59,091 |  | 167,433
Bank loans and overdrafts | 133,335 |  | 120,000
Other creditors | 27,135 |  | 54,670
Taxation and social security | 160,778 |  | 130,565
| 380,339 |  | 472,668

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 70,000 |  | 190,000

Page 4
Page 5
PRM Logistics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10,001 |  | 10,001

9. Related Party Transactions

| Sales to Related Parties £ | Purchases from Related Parties £ | Interest received £ | Management Charges Paid £ | Loan Balances owed to/ (by) PRM Logistics Ltd at Year End £ | Trade Balances owed to/ (from) PRM Logistics Ltd at Year End £
Transactions with Other Related Parties | 2,385,245 | 496,365 | 350 | 97,544 | - | (644)

10. Ultimate Controlling Party
The ultimate controlling party is the Director due to his equity shareholding in the parent company.
Page 5