Company Registration No. 07832401 (England and Wales)
Prime Properties ( GB ) Limited
Unaudited accounts
for the year ended 30 November 2025
Prime Properties ( GB ) Limited
Unaudited accounts
Contents
Prime Properties ( GB ) Limited
Company Information
for the year ended 30 November 2025
Directors
Shanthi Jayalath Perera
Deyalage Eranda Mandara Perera
Secretary
Deyalage Eranda Mandara Perera
Company Number
07832401 (England and Wales)
Registered Office
48 Willesden Lane
Kilburn
London
NW6 7ST
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Prime Properties ( GB ) Limited
Accountants' report
Accountants' report to the board of directors of Prime Properties ( GB ) Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Prime Properties ( GB ) Limited for the year ended
30 November 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Prime Properties ( GB ) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Prime Properties ( GB ) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Prime Properties ( GB ) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Prime Properties ( GB ) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Prime Properties ( GB ) Limited. You consider that Prime Properties ( GB ) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Prime Properties ( GB ) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
12 June 2026
Prime Properties ( GB ) Limited
Statement of financial position
as at 30 November 2025
Tangible assets
181,891
145,024
Cash at bank and in hand
1,337
(5,196)
Creditors: amounts falling due within one year
(100,295)
(73,014)
Net current liabilities
(92,244)
(76,351)
Total assets less current liabilities
89,647
68,673
Creditors: amounts falling due after more than one year
(58,094)
(45,809)
Called up share capital
1,000
1,000
Profit and loss account
30,553
21,864
Shareholders' funds
31,553
22,864
For the year ending 30 November 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 12 June 2026 and were signed on its behalf by
Shanthi Jayalath Perera
Director
Company Registration No. 07832401
Prime Properties ( GB ) Limited
Notes to the Accounts
for the year ended 30 November 2025
Prime Properties ( GB ) Limited is a private company, limited by shares, registered in England and Wales, registration number 07832401. The registered office is 48 Willesden Lane, Kilburn, London, NW6 7ST, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance method
Fixtures & fittings
20% reducing balance method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks, and other third parties.
Prime Properties ( GB ) Limited
Notes to the Accounts
for the year ended 30 November 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
112,000
88,000
1,189
201,189
Additions
-
54,340
-
54,340
At 30 November 2025
112,000
142,340
1,189
255,529
At 1 December 2024
-
55,560
605
56,165
Charge for the year
-
17,356
117
17,473
At 30 November 2025
-
72,916
722
73,638
At 30 November 2025
112,000
69,424
467
181,891
At 30 November 2024
112,000
32,440
584
145,024
Amounts falling due within one year
Accrued income and prepayments
1,828
1,859
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
6,920
5,373
Loans from directors
77,153
56,640
Deferred income
13,059
8,973
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
51,930
29,293
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).