REGISTERED NUMBER: 15625380 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

PRIME DEMOLITION PROPERTIES LIMITED

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Investment property

4

500,000

500,000

Current assets

Debtors

5

295

-

Cash at bank and in hand

3,486

1,037

3,781

1,037

Creditors

Amounts falling due within one year

6

15,405

145,529

Net current liabilities

(11,624

)

(144,492

)

Total assets less current liabilities

488,376

355,508

Creditors

Amounts falling due after more than one year

7

(296,781

)

(309,605

)

Provisions for liabilities

9

(12,417

)

(11,531

)

Net assets

179,178

34,372

Capital and reserves

Called up share capital

10

100

100

Fair value reserve

11

40,518

41,405

Retained earnings

138,560

(7,133

)

Shareholders' funds

179,178

34,372

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 director acknowledges his 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 comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2026 and were signed by:

Mr T L Doyle - Director

1.	Statutory information

Prime Demolition Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 15625380. The registered office is Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS and business address is 8 Mannings Heath Road, Poole, Dorset, BH12 4NQ.

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.

Turnover

Turnover represents rental income, recognised on a receivable basis

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Investment property

Total

£

Fair value

At 1 October 2024

and 30 September 2025

500,000

Net book value

At 30 September 2025

500,000

At 30 September 2024

500,000

Investment property was valued on an open market basis on 30 September 2025 by the director.

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

295

-

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,045

6,808

Trade creditors

908

-

Other creditors

2,562

136,923

Accruals and deferred income

1,890

1,798

15,405

145,529

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 1-2 years

11,045

8,286

Bank loans - 2-5 years

36,136

30,858

Bank loans more 5 yr by instal

249,600

270,461

296,781

309,605

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

249,600

270,461

8.	Secured debts

All monies due to or to become due to National Westminster Bank PLC are secured by way of charges over the land at 8 Mannings Heath Road, Poole, Dorset, BH12 4NQ and all assets of the company.

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

12,417

11,531

Deferred

tax

£

Balance at 1 October 2024

11,531

Charge to fair value reserve

886

Balance at 30 September 2025

12,417

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

Reserves

Fair

value

reserve

£

At 1 October 2024

41,405

Taxation

(887

)

At 30 September 2025

40,518

12.	Ultimate controlling party

The company is controlled jointly by Mr P Pidgley and Mr T Doyle by virtue of their respective 50% interests in the voting share capital.