Prime Contracts Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04503426

Prime Contracts Limited

Filleted Unaudited Financial Statements

30 June 2026

Prime Contracts Limited

Financial Statements

Year ended 30 June 2026

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Prime Contracts Limited

Balance Sheet

30 June 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5	1,695	2,461
Investments	6	183,016	164,671
		---------	---------
		184,711	167,132

Current assets

Debtors	7	2,677	91,539
Cash at bank and in hand		1,189,584	1,104,589
		------------	------------
		1,192,261	1,196,128

Creditors: amounts falling due within one year	8	4,226		6,615
		------------		------------
Net current assets			1,188,035	1,189,513
			------------	------------
Total assets less current liabilities			1,372,746	1,356,645
			------------	------------
Net assets			1,372,746	1,356,645
			------------	------------

Prime Contracts Limited

Balance Sheet (continued)

30 June 2026

	2026		2025
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,372,646	1,356,545
	------------	------------
Shareholders funds	1,372,746	1,356,645
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 September 2026 , and are signed on behalf of the board by:

Mr K C Briddon
Director

Company registration number: 04503426

Prime Contracts Limited

Notes to the Financial Statements

Year ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of investment assets measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures, Fittings and Equipment	-	25% straight line
Motor Vehicles	-	25% reducing balance

Investments

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss. Listed investments includes cash balances held by the portfolio manager awaiting investment.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 July 2025	12,506
Additions	541
	--------
At 30 June 2026	13,047
	--------
Depreciation
At 1 July 2025	10,045
Charge for the year	1,307
	--------
At 30 June 2026	11,352
	--------
Carrying amount
At 30 June 2026	1,695
	--------
At 30 June 2025	2,461
	--------

6. Investments

	Listed investments
	£
Fair value
At 1 July 2025	164,671
Revaluations	19,167
Net increase / (decrease) in cash	( 822)
	---------
At 30 June 2026	183,016
	---------
Impairment
At 1 July 2025 and 30 June 2026	–
	---------

Carrying amount
At 30 June 2026	183,016
	---------
At 30 June 2025	164,671
	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	–	85,000
Other debtors	2,677	6,539
	-------	--------
	2,677	91,539
	-------	--------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	–	2,758
Other creditors	4,226	3,857
	-------	-------
	4,226	6,615
	-------	-------

9. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2026	2025
	£	£

Financial assets measured at fair value through profit or loss

Listed investments	183,016	164,671
	---------	---------