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Company Registration No. 05251751 (England and Wales)
Prime Building Contractors Ltd Unaudited accounts for the year ended 31 October 2025
Prime Building Contractors Ltd Unaudited accounts Contents
Page
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Prime Building Contractors Ltd Company Information for the year ended 31 October 2025
Directors
Paul Franks Wendy Franks
Company Number
05251751 (England and Wales)
Registered Office
61 Albert Street Rugby Warwickshire CV21 2SN
Accountants
Winkle and Co Accountants 61 Albert Street Rugby CV21 2SN
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Prime Building Contractors Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,364 
4,669 
Current assets
Debtors
- 
325 
Cash at bank and in hand
947 
46,248 
947 
46,573 
Creditors: amounts falling due within one year
(14,419)
(32,690)
Net current (liabilities)/assets
(13,472)
13,883 
Net assets
15,892 
18,552 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,792 
18,452 
Shareholders' funds
15,892 
18,552 
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by
Paul Franks Director Company Registration No. 05251751
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Prime Building Contractors Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Prime Building Contractors Ltd is a private company, limited by shares, registered in England and Wales, registration number 05251751. The registered office is 61 Albert Street, Rugby, Warwickshire, CV21 2SN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15
Motor vehicles
25
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
21,059 
24,760 
45,819 
Additions
- 
34,850 
34,850 
At 31 October 2025
21,059 
59,610 
80,669 
Depreciation
At 1 November 2024
19,579 
21,571 
41,150 
Charge for the year
222 
9,933 
10,155 
At 31 October 2025
19,801 
31,504 
51,305 
Net book value
At 31 October 2025
1,258 
28,106 
29,364 
At 31 October 2024
1,480 
3,189 
4,669 
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Prime Building Contractors Ltd Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
325 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
392 
- 
Trade creditors
312 
270 
Taxes and social security
4,843 
25,183 
Loans from directors
8,872 
7,237 
14,419 
32,690 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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