15 January 2025 false No description of principal activity Taxfiler 2024.6 16186905business:PrivateLimitedCompanyLtd2025-01-152026-07-14 161869052025-01-14 161869052025-01-152026-07-14 16186905business:AuditExempt-NoAccountantsReport2025-01-152026-07-14 16186905business:FilletedAccounts2025-01-152026-07-14 161869052026-07-14 16186905business:Director12025-01-152026-07-14 16186905business:Director22025-01-152026-07-14 16186905business:RegisteredOffice2025-01-152026-07-14 16186905core:WithinOneYear2026-07-14 16186905core:ShareCapitalcore:PreviouslyStatedAmount2026-07-14 16186905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-07-14 16186905core:PreviouslyStatedAmount2026-07-14 16186905business:SmallEntities2025-01-152026-07-14 16186905countries:EnglandWales2025-01-152026-07-14 16186905core:MotorVehicles2025-01-152026-07-14 16186905core:MotorVehicles2025-01-14 16186905core:MotorVehicles2026-07-14 iso4217:GBP xbrli:pure
Company Registration No. 16186905 (England and Wales)
Prime Asset Group Limited Unaudited accounts for the period from 15 January 2025 to 14 July 2026
Prime Asset Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Prime Asset Group Limited Company Information for the period from 15 January 2025 to 14 July 2026
Directors
Mohammed Kazim Hashim Rashid Fidahusein Rashid Moledina
Company Number
16186905 (England and Wales)
Registered Office
3a Dawlish Drive Ruislip HA4 9SF England
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
- 3 -
Prime Asset Group Limited Statement of financial position as at 14 July 2026
2026 
Notes
£ 
Fixed assets
Tangible assets
4
5,695 
Current assets
Cash at bank and in hand
219,487 
Creditors: amounts falling due within one year
5
(229,977)
Net current liabilities
(10,490)
Net liabilities
(4,795)
Capital and reserves
Called up share capital
2 
Profit and loss account
(4,797)
Shareholders' funds
(4,795)
For the period ending 14 July 2026 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 22 September 2026 and were signed on its behalf by
Mohammed Kazim Hashim Director Company Registration No. 16186905
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Prime Asset Group Limited Notes to the Accounts for the period from 15 January 2025 to 14 July 2026
1
Statutory information
Prime Asset Group Limited is a private company, limited by shares, registered in England and Wales, registration number 16186905. The registered office is 3a Dawlish Drive, Ruislip, HA4 9SF, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 15 January 2025
- 
Additions
8,135 
At 14 July 2026
8,135 
Depreciation
Charge for the period
2,440 
At 14 July 2026
2,440 
Net book value
At 14 July 2026
5,695 
5
Creditors: amounts falling due within one year
2026 
£ 
Loans from directors
229,378 
Accruals
599 
229,977 
- 5 -
Prime Asset Group Limited Notes to the Accounts for the period from 15 January 2025 to 14 July 2026
6
Average number of employees
During the period the average number of employees was 0.
- 6 -