Prime Horizon Group Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11745683 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PRIME HORIZON GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Whatling

R Haase

REGISTERED OFFICE:

1&2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

REGISTERED NUMBER:

11745683 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

12,341

53,502

Investments

6

10,500

22,841

64,002

CURRENT ASSETS

Debtors

7

290,607

454,779

Cash at bank

204,432

341,109

495,039

795,888

CREDITORS

Amounts falling due within one year

8

320,007

300,214

NET CURRENT ASSETS

175,032

495,674

TOTAL ASSETS LESS CURRENT
LIABILITIES

197,873

559,676

CREDITORS

Amounts falling due after more than one
year

9

-

4,409

NET ASSETS

197,873

555,267

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

197,870

555,264

197,873

555,267

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2026 and were signed on its behalf by:

A Whatling - Director

1.	STATUTORY INFORMATION

Prime Horizon Group Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the provision of services is recognised when the specific service has been provided. Where services are provided on an ongoing basis turnover is recognised on a monthly basis by reference to the costs incurred on staff and other costs.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2025

and 31 December 2025

8,626

AMORTISATION

At 1 January 2025

and 31 December 2025

8,626

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2025

16,581

132,228

148,809

Additions

-

3,112

Disposals

(15,498

)

(41,108

)

(56,606

)

At 31 December 2025

1,083

94,232

95,315

DEPRECIATION

At 1 January 2025

10,074

85,233

95,307

Charge for year

271

19,173

19,444

Eliminated on disposal

(9,803

)

(21,974

)

(31,777

)

At 31 December 2025

542

82,432

82,974

NET BOOK VALUE

At 31 December 2025

541

11,800

12,341

At 31 December 2024

6,507

46,995

53,502

6.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 1 January 2025

and 31 December 2025

10,500

NET BOOK VALUE

At 31 December 2025

10,500

At 31 December 2024

10,500

Fixed asset investments represents an investment in an associated company. This is stated at cost in the accounts.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

195,688

429,963

Amounts owed by participating interests

-

14,333

Other debtors

67,538

1,144

Prepayments

27,381

9,339

290,607

454,779

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

4,409

10,397

Other loans

999

Trade creditors

91,751

89,963

Social security and other taxes

49,389

78,354

VAT

37,804

94,806

Other creditors

58,682

9,767

Directors' current accounts

1,998

Accruals and deferred income

52,500

-

Accrued expenses

22,475

13,930

320,007

300,214

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

-

4,409