PR International Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01785226

PR International Limited

Filleted Unaudited Financial Statements

31 March 2025

PR International Limited

Officers and Professional Advisers

The board of directors	I Timmann
	S Timmann

Registered office	3a The Wenta Business Centre
	Colne Way
	Watford
	Herts
	WD24 7ND

Accountants	Warners
	Chartered Accountants
	3a The Wenta Business Centre
	Colne Way
	Watford
	WD24 7ND

PR International Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,953	1,240

Current assets

Stocks		193,292	164,908
Debtors	6	75,529	145,239
Cash at bank and in hand		126,681	114,036
		---------	---------
		395,502	424,183

Creditors: amounts falling due within one year	7	21,797		45,047
		---------		---------
Net current assets			373,705	379,136
			---------	---------
Total assets less current liabilities			375,658	380,376
			---------	---------
Net assets			375,658	380,376
			---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	375,656	380,374
	---------	---------
Shareholders funds	375,658	380,376
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 June 2026 , and are signed on behalf of the board by:

S TIMMANN _______________ Director

Company registration number: 01785226

PR International Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3a The Wenta Business Centre, Colne Way, Watford, Herts, WD24 7ND.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the amounts invoiced for goods sold during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer Equipment	-	30% straight line
Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Computer equipment	Equipment	Total
	£	£	£
Cost
At 1 April 2024	2,034	2,245	4,279
Additions	1,193	218	1,411
	-------	-------	-------
At 31 March 2025	3,227	2,463	5,690
	-------	-------	-------
Depreciation
At 1 April 2024	1,108	1,931	3,039
Charge for the year	625	73	698
	-------	-------	-------
At 31 March 2025	1,733	2,004	3,737
	-------	-------	-------
Carrying amount
At 31 March 2025	1,494	459	1,953
	-------	-------	-------
At 31 March 2024	926	314	1,240
	-------	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	67,584	113,862
Other debtors	7,945	31,377
	--------	---------
	75,529	145,239
	--------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,124	21,348
Accruals and deferred income	4,918	3,802
Corporation tax	12,529	19,352
Social security and other taxes	–	397
Director loan accounts	226	148
	--------	--------
	21,797	45,047
	--------	--------

8. Transactions with directors

Dividends totalling £26,500 (2024: £28,250) were paid to a director. Another director was also paid dividends of £26,500 (2024: £28,250).