REGISTERED NUMBER: SC183582 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

PRIME EVENTS (SCOTLAND) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss C A Fowler

REGISTERED OFFICE:

26 Sanday Road

Aberdeen

AB15 6DT

REGISTERED NUMBER:

SC183582 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Intangible assets

4

-

1,386

Tangible assets

5

22,169

24,732

22,169

26,118

CURRENT ASSETS

Debtors

6

83,992

169,632

Cash at bank

47,950

55,593

131,942

225,225

CREDITORS

Amounts falling due within one year

7

43,999

89,982

NET CURRENT ASSETS

87,943

135,243

TOTAL ASSETS LESS CURRENT LIABILITIES

110,112

161,361

CREDITORS

Amounts falling due after more than one year

8

25,522

34,541

NET ASSETS

84,590

126,820

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

84,589

126,819

SHAREHOLDERS' FUNDS

84,590

126,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 27 August 2026 and were signed by:

Miss C A Fowler - Director

1.	STATUTORY INFORMATION

Prime Events (Scotland) Limited is a private company, limited by shares , registered in Scotland. 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, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of five 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

-

20% on cost and 20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

8,000

AMORTISATION

At 1 April 2025

6,614

Charge for year

1,386

At 31 March 2026

8,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

1,386

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

53,786

27,115

37,088

117,989

Additions

3,134

-

811

3,945

At 31 March 2026

56,920

27,115

37,899

121,934

DEPRECIATION

At 1 April 2025

44,528

13,343

35,386

93,257

Charge for year

2,321

3,443

744

6,508

At 31 March 2026

46,849

16,786

36,130

99,765

NET BOOK VALUE

At 31 March 2026

10,071

10,329

1,769

22,169

At 31 March 2025

9,258

13,772

1,702

24,732

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

897

2,087

Other debtors

82,213

82,213

Directors' current accounts

-

84,339

Prepayments and accrued income

882

993

83,992

169,632

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

5,456

5,456

Hire purchase contracts

6,205

6,205

Trade creditors

508

13,539

Tax

1,210

9,326

Social security and other taxes

476

356

VAT

9,286

17,423

Other creditors

11,783

19,577

Directors' current accounts

13

-

Accruals and deferred income

-

4,000

Accrued expenses

9,062

14,100

43,999

89,982

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

5,456

5,456

Bank loans - 2-5 years

15,770

21,447

Hire purchase contracts

4,296

7,638

25,522

34,541

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 April 2025

126,819

Deficit for the year

(1,080

)

Dividends

(41,150

)

At 31 March 2026

84,589

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £41,150 (2025 - £23,400) were paid to Ms C A Fowler, director.

Ms C A Fowler, is also a director of Banchory Lodge Hotel Limited and holds 23% of the issued ordinary share capital in the company. Included in other debtors is a balance due from Banchory Lodge Hotel Limited of £24,547 (2025 - £24,547).

Ms C A Fowler is also a partner in the firm of Cobbleheugh Properties. Included in other debtors is a balance due from Cobbleheugh Properties of £57,666 (2025 - £57,666).