Prem Group (UK) Limited iXBRL

Company Registration Number: 04112425

Prem Group (UK) Limited

ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

PREM GROUP (UK) LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	James Murphy
	Stephen Loftus


Company Secretary	Martin Purtill


Company Registration Number	04112425


Registered Office and Business Address	Eden Square East, Retail Unit 1
	7 Hatton Garden
	Liverpool
	L3 2FE


Independent Auditors	Kieran Ryan & Co.
	Chartered Accountants and Statutory Audit Firm
	20 Upper Mount Street
	Dublin 2
	Republic of Ireland


Bankers	HSBC
	99-101 Lord Street
	Liverpool
	L2 6PG
	England

PREM GROUP (UK) LIMITED

Company Registration Number: 04112425

ABRIDGED BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Investments	6	-	1
		─────────	─────────

Current Assets

Debtors		18,932	18,932
Cash and cash equivalents	7	20,950	25,007
		─────────	─────────
		39,882	43,939
		─────────	─────────
Creditors: amounts falling due within one year		(415,770)	(399,057)
		─────────	─────────
Net Current Liabilities		(375,888)	(355,118)
		─────────	─────────
Total Assets less Current Liabilities		(375,888)	(355,117)

Provisions for liabilities		-	(130,603)
		─────────	─────────
Net Liabilities		(375,888)	(485,720)
		═════════	═════════

Capital and Reserves

Called up share capital	1	1
Retained earnings	(375,889)	(485,721)
	─────────	─────────
Equity attributable to owners of the company	(375,888)	(485,720)
	═════════	═════════

These abridged financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

Approved by the Board and authorised for issue on 25 June 2026 and signed on its behalf by

James Murphy

Director

Stephen Loftus

Director

PREM GROUP (UK) LIMITED

STATEMENT OF CHANGES IN EQUITY

AS AT 31 DECEMBER 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2024	1	(503,341)	(503,340)
	─────────	─────────	─────────
Profit for the financial year	-	17,620	17,620
	─────────	─────────	─────────
At 31 December 2024	1	(485,721)	(485,720)
	─────────	─────────	─────────
Profit for the financial year	-	109,832	109,832
	─────────	─────────	─────────
At 31 December 2025	1	(375,889)	(375,888)
	═════════	═════════	═════════

PREM GROUP (UK) LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

General Information

Prem Group (UK) Limited is a company limited by shares incorporated and registered in the United Kingdom.. The registered office of the company is Eden Square East, Retail Unit 1, 7 Hatton Garden, Liverpool, L3 2FE which is also the principal place of business of the company. Prem Group UK Limited is currently non trading. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) issued by the Financial Reporting Council and in accordance with the Companies Act 2006.

Basis of preparation

The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost, less impairment losses for bad and doubtful debts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at 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 where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Going concern

The company has ceased operations. The directors expect to wind down the company in the near future. As a result, the going concern basis of accounting is no longer appropriate and the financial statements have been prepared on a break-up basis

INFORMATION RELATING TO THE AUDITOR'S REPORT

The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.

The financial statements were audited by Kieran Ryan & Co..

The Auditor's Report was signed by Jonathan Bennett (Senior Statutory Auditor) for and on behalf of Kieran Ryan & Co. on 25th June 2026.

Provisions Available for Audits of Small Entities

In common with many other businesses of our size and nature, we use our auditors to prepare and submit tax returns to His Majesty's Revenue and Customs and to assist with the preparation of the financial statements.


6.	Investments
		Group and	Total
		participating
		interests/
		joint ventures
	Investments	£	£
	Cost
	At 1 January 2025	1	1
	Disposals	(1)	(1)
		─────────	─────────
	At 31 December 2025	-	-
		─────────	─────────
	Net book value
	At 31 December 2025	-	-
		═════════	═════════
	At 31 December 2024	1	1
		═════════	═════════


7.	Cash and cash equivalents	2025	2024
		£	£

	Cash and bank balances	20,950	25,007
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 December 2025.

Charges on assets

On 27 February 2023, the company created a fixed equitable charge over the rent deposit balance paid to Bristol Alliance Nominee No. 1 Limited and Bristol Alliance Nominee No. 2 Limited.

On 21 September 2020, the company created a fixed and floating charge over all the property or undertaking of the company in favour of HSBC UK Bank Plc in relation to a loan and charge card facility advanced to Windshear Limited, a company within the group.

10.

Parent and ultimate parent company

The company regards Raydara Holdings Designated Activity Company as its parent company.

The companys ultimate parent undertaking is FRO III Cedar Holdings LP.

The address of FRO III Cedar Holdings LP is C/o Maples Corporate Services Limited, P. O. Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands.

The parent of the largest group in which the results are consolidated is Arago Investments Limited.

Arago Investments Limited is registered in Republic of Ireland.

11.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.

12.

Approval of financial statements

The financial statements were approved and authorised for issue by the board of directors on 25 June 2026.