Company registration number: 11731726
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
Prewco Limited
Pages for filing with the Registrar
Company registration number: 11731726
Prewco Limited
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Investments 4 140,228 103,909
140,228 103,909
Current assets
Debtors 5 290 5,024
Cash at bank and in hand 195 6,752
485 11,776
Creditors: amounts falling due within one year
6 (52,961) (45,662)
Net current liabilities (52,476) (33,886)
Total assets less current liabilities 87,752 70,023
NET ASSETS 87,752 70,023
Capital and reserves
Called up share capital 200 200
Other reserves 70,575 22,367
Profit and loss account 16,977 47,456
TOTAL EQUITY 87,752 70,023
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11731726
Prewco Limited
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr D Prew, Director
6 October 2026
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Prewco Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
Prewco Limited is a private company registered in England and Wales. Its registered number is 11731726. The company is limited by shares. Its registered office is Unit 1, Encon Court, Owl Close, Moulton, Northamtonshire, NN3 6HZ. Its principal place of business is Unit I, Encon Court, Owl Close, Northampton, Northamptonshire, NN3 6HZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Exemption from preparation of consolidated financial statements
The financial statements contain information about Prewco Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
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Prewco Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Financial instruments
Financial Instruments Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument. Basic Financial Assets Basic financial assets, which include debtors and cash balances, are initially measured at transaction price. Basic Financial liabilities Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. financial liabilities classified as payable within one year are not amortised. Equity Instruments Equity instruments issued by the company are recorded at the proceeds received. Dividends payable on equity instruments are recognised once they are no longer at the discretion of the company.









Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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Prewco Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Fixed asset investments
Investments other than loans
Shares in group undertakings and participating interests




Other investments other than loans


Totals
£ £ £
Cost
At 1 January 2025 100 103,809 103,909
Additions - 299 299
Disposals - (12,189) (12,189)
Revaluations - 48,209 48,209
At 31 December 2025 100 140,128 140,228
Net book value
At 31 December 2025 100 140,128 140,228
At 31 December 2024 100 103,809 103,909
5 Debtors
2025 2024
£ £
Directors' loan accounts - 4,801
Taxation 129 129
Other debtors 161 94
290 5,024
6 Creditors: amounts falling due within one year
2025 2024
£ £
Amounts owed to group undertakings 38,635 44,635
Amounts owed to directors 12,606 -
Accruals and deferred income 1,720 1,027
52,961 45,662
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Prewco Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
7 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024.
2025 2024
£ £
David Prew
Balance outstanding at start of year 4,801 (11,599)
Amounts advanced 19,594 51,400
Amounts repaid (37,000) (35,000)
Balance outstanding at end of year (12,605) 4,801
The overdrawn director’s loan account was unsecured and repayable on demand. Interest was charged at 2.25% and 3.75%. Included in the figure of £19,594 is £194 interest.
8 Share capital
Allotted, issued, called up and fully paid During the year there were 200 ordinary shares that had been allotted, issued, called up and fully paid (2024 - 200).

9 Fair value reserve
During the year there was a fair value reserve. The opening balance was £6,963. The share of the opening balance relating to disposals during the year was £3,381. The investment at 31 December 2025 was revalued by £51,888 to a fair value of £70,575.
10 Other Investments
Other investments are valued at an open market valuation at the balance sheet date. Appropriate deferred taxation adjustments are made on transfers to and from the fair value reserve.

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