IRIS Accounts Production v26.1.10.61 03046616 Board of Directors 1.10.24 30.9.25 30.9.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03046616 2024-09-30 03046616 2025-09-30 03046616 2024-10-01 2025-09-30 03046616 2024-03-31 03046616 2024-04-01 2024-09-30 03046616 2024-09-30 03046616 ns15:EnglandWales 2024-10-01 2025-09-30 03046616 ns14:PoundSterling 2024-10-01 2025-09-30 03046616 ns10:Director1 2024-10-01 2025-09-30 03046616 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 03046616 ns10:SmallEntities 2024-10-01 2025-09-30 03046616 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 03046616 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 03046616 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 03046616 ns10:FullAccounts 2024-10-01 2025-09-30 03046616 ns10:OrdinaryShareClass1 2024-10-01 2025-09-30 03046616 ns10:Director2 2024-10-01 2025-09-30 03046616 ns10:RegisteredOffice 2024-10-01 2025-09-30 03046616 ns5:CurrentFinancialInstruments 2025-09-30 03046616 ns5:CurrentFinancialInstruments 2024-09-30 03046616 ns5:ShareCapital 2025-09-30 03046616 ns5:ShareCapital 2024-09-30 03046616 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 03046616 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 03046616 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-09-30 03046616 ns5:FurnitureFittings 2024-09-30 03046616 ns5:MotorVehicles 2024-09-30 03046616 ns5:ComputerEquipment 2024-09-30 03046616 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-10-01 2025-09-30 03046616 ns5:FurnitureFittings 2024-10-01 2025-09-30 03046616 ns5:MotorVehicles 2024-10-01 2025-09-30 03046616 ns5:ComputerEquipment 2024-10-01 2025-09-30 03046616 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-09-30 03046616 ns5:FurnitureFittings 2025-09-30 03046616 ns5:MotorVehicles 2025-09-30 03046616 ns5:ComputerEquipment 2025-09-30 03046616 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-09-30 03046616 ns5:FurnitureFittings 2024-09-30 03046616 ns5:MotorVehicles 2024-09-30 03046616 ns5:ComputerEquipment 2024-09-30 03046616 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 03046616 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 03046616 ns10:OrdinaryShareClass1 2025-09-30

REGISTERED NUMBER: 03046616 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Prince Investments Limited

Prince Investments Limited (Registered number: 03046616)

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Prince Investments Limited

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | B R S Prince

| J R Prince

| REGISTERED OFFICE: | Spitalfields House

| 1st Floor

| Stirling Way

| Borehamwood

| Hertfordshire

| WD6 2FX

| REGISTERED NUMBER: | 03046616 (England and Wales)

| ACCOUNTANTS: | TC Group

| First Floor

| Spitalfields House

| Stirling Way

| Borehamwood

| Hertfordshire

| WD6 2FX

Prince Investments Limited (Registered number: 03046616)

Balance Sheet

30 September 2025

| 30.9.25 |  | 30.9.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 279,619 |  | 296,670 |  |

Investments | 5 | 6,917,188 |  | 6,992,889 |  |

7,196,807 |  | 7,289,559 |  |

CURRENT ASSETS

Debtors | 6 | 3,203,083 |  | 5,059 |  |

Cash at bank | 3,722,146 |  | 6,781,036 |  |

6,925,229 |  | 6,786,095 |  |

CREDITORS

Amounts falling due within one year | 7 | (275,020 | ) | (217,985 | ) |

NET CURRENT ASSETS | 6,650,209 |  | 6,568,110 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,847,016 |  | 13,857,669 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 1,000 |  | 1,000 |  |

Retained earnings | 13,846,016 |  | 13,856,669 |  |

SHAREHOLDERS' FUNDS | 13,847,016 |  | 13,857,669 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by:

B R S Prince - Director

Prince Investments Limited (Registered number: 03046616)

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Prince Investments 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Significant judgements and estimates

| In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

| There are no significant judgements or estimates involved in the preparation of the financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Property, plant and equipment

| Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

| The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

| Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

| Fixtures and fittings - 33% on reducing balance

| Computer equipment - 33% on reducing balance

| Motor vehicle - 25% on cost

| Long Leasehold - over 125 years

Prince Investments Limited (Registered number: 03046616)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Schedule 1A of FRS102 to all its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

| Other financial assets

| Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

| Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. 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 profit or loss.

| If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| Classification of financial liabilities

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

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Prince Investments Limited (Registered number: 03046616)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| 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. Amounts 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.

| Other financial liabilities

| Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

| Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value though profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

| 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 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

Prince Investments Limited (Registered number: 03046616)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | and |  | Motor |  | Computer |

| leasehold |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 263,071 |  | 32,418 |  | 104,980 |  | 5,354 |  | 405,823 |  |

| Additions | - |  | 19,508 |  | - |  | 1,438 |  | 20,946 |  |

| Disposals | - |  | - |  | (104,980 | ) | - |  | (104,980 | ) |

| At 30 September 2025 | 263,071 |  | 51,926 |  | - |  | 6,792 |  | 321,789 |  |

| DEPRECIATION

| At 1 October 2024 | 7,366 |  | 23,434 |  | 74,361 |  | 3,992 |  | 109,153 |  |

| Charge for year | 2,105 |  | 5,317 |  | 2,187 |  | (44 | ) | 9,565 |  |

| Eliminated on disposal | - |  | - |  | (76,548 | ) | - |  | (76,548 | ) |

| At 30 September 2025 | 9,471 |  | 28,751 |  | - |  | 3,948 |  | 42,170 |  |

| NET BOOK VALUE

| At 30 September 2025 | 253,600 |  | 23,175 |  | - |  | 2,844 |  | 279,619 |  |

| At 30 September 2024 | 255,705 |  | 8,984 |  | 30,619 |  | 1,362 |  | 296,670 |  |

5. | FIXED ASSET INVESTMENTS

| Interest

| in other

| participating

| interests

£ |

| COST

| At 1 October 2024 | 6,992,889 |  |

| Additions | 107,819 |  |

| Disposals | (183,520 | ) |

| At 30 September 2025 | 6,917,188 |  |

| NET BOOK VALUE

| At 30 September 2025 | 6,917,188 |  |

| At 30 September 2024 | 6,992,889 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Other debtors | 3,203,083 |  | 5,059 |  |

Prince Investments Limited (Registered number: 03046616)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade creditors | 1,075 |  | 516 |  |

| Amounts owed to group undertakings | 49,436 |  | 49,436 |  |

| Taxation and social security | 131,798 |  | 149,580 |  |

| Other creditors | 92,711 |  | 18,453 |  |

275,020 |  | 217,985 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| Included in the other debtors due within one year is an amount of £3,250,656 (2024: £453 due to) due from the directors of the company. Interest of £89,644 is charged in the official HMRC rate.

| This balance was repaid after the year end.