Prem Bidco Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14026257 (England and Wales)

PREM BIDCO LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MAY 2025 TO 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

K A Gilby

H J Samson

SECRETARY:

Mrs S D Gilby

REGISTERED OFFICE:

3 Algores Way

Weasenham Lane

Wisbech

Cambridgeshire

PE13 2TQ

REGISTERED NUMBER:

14026257 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

FIXED ASSETS

Investments

4

3,715,064

CURRENT ASSETS

Cash at bank

1

-

CREDITORS

Amounts falling due within one year

5

(14,925

)

(187,799

)

NET CURRENT LIABILITIES

(14,924

)

(187,799

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,700,140

3,527,265

CREDITORS

Amounts falling due after more than one year

6

(2,517,051

)

(2,341,191

)

NET ASSETS

1,183,089

1,186,074

CAPITAL AND RESERVES

Called up share capital

7

1,000

Retained earnings

1,182,089

1,185,074

SHAREHOLDERS' FUNDS

1,183,089

1,186,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 June 2026 and were signed on its behalf by:

H J Samson - Director

1.	STATUTORY INFORMATION

Prem Bidco 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments

The company has chosen to adopt FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2025 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2025

and 31 December 2025

3,715,064

NET BOOK VALUE

At 31 December 2025

3,715,064

At 30 April 2025

3,715,064

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

30.4.25

£

Other creditors

14,925

187,799

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

30.4.25

£

Other creditors

2,517,051

2,341,191

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

30.4.25

value:

£

1,000

Ordinary

£1

1,000