REGISTERED NUMBER: 10214264 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2026

for

Prime Mortgage Finance Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

634

1,064

CURRENT ASSETS

Debtors

5

15,875

15,904

Cash at bank

43,318

44,558

59,193

60,462

CREDITORS

Amounts falling due within one year

6

37,496

30,877

NET CURRENT ASSETS

21,697

29,585

TOTAL ASSETS LESS CURRENT LIABILITIES

22,331

30,649

CREDITORS

Amounts falling due after more than one year

7

(21,546

)

(29,710

)

PROVISIONS FOR LIABILITIES

(149

)

(245

)

NET ASSETS

636

694

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

436

494

SHAREHOLDERS' FUNDS

636

694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

Mr Danny James Norris - Director

1.	STATUTORY INFORMATION

Prime Mortgage Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10214264

Registered office:

Unit 1 The Cam Centre

Wilbury Way

Hitchin

Hertfordshire

SG4 0TW

The presentation currency of the financial statements is the Pound Sterling (£).

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Going Concern

The financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2025

and 30 June 2026

3,742

DEPRECIATION

At 1 July 2025

2,678

Charge for year

430

At 30 June 2026

3,108

NET BOOK VALUE

At 30 June 2026

634

At 30 June 2025

1,064

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

15,875

15,904

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 8)

8,169

6,849

Trade creditors

166

841

Tax

27,577

22,867

Accruals and deferred income

1,584

320

37,496

30,877

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 8)

21,546

29,710

The company has a loan under the Bounce Back Loan Scheme (BBLS) which is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy and Industrial Strategy.

The amount included as due within one year is £2,231 (2025: £2,227) and the amount included as due more than one year is £6,473 (2025: £8,899).

The company also acquired a further bank loan which is secured by way of a personal guarantee by the directors. The amount due within one year is £5,938 (2025: £4,616) and the amount included as due more than one year is £15,073 (2025: £21,011).

8.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

6

Bank loans

8,169

6,843

8,169

6,849

Amounts falling due between one and two years:

Bank loans - 1-2 years

9,486

8,164

Amounts falling due between two and five years:

Bank loans - 2-5 years

12,060

21,546

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

100

Ordinary B

1

100

100

200

200

Rights, preferences and restrictions

Ordinary shares have the following rights, preferences and restrictions:

Full rights to receive notice of, attend and vote at general meetings. One share carried one vote and

full rights to dividends and capital distributions (including on winding up).

Ordinary B shares have the following rights, preferences and restrictions:

Shall not carry a right to attend and vote at meetings but shall be entitled pari passu to dividend

payments or any other distribution and is entitled to participate in a distribution arising from a winding

up of the company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2026 and 30 June 2025:

2026

2025

£

£

Mr Danny James Norris

Balance outstanding at start of year

11,891

18,524

Amounts repaid

(22

)

(6,633

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

11,869

11,891

At the balance sheet date, Mr D Norris, Director, owed the company £11,869 (2025: £11,891). Interest is paid on the balance at a market rate.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Danny James Norris.