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Company registration number:
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12305055
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Prime Place Limited
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Balance sheet
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as at 31 March 2026
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31 Mar 26
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31 Mar 25
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£
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£
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£
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£
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Current assets
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37,507
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75,299
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Creditors: amounts falling due within one year
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(2,834)
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(38,991)
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Net current assets
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34,673
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36,308
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Total assets less current liabilities
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34,673
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36,308
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Creditors: amounts falling due after more than one year
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(7,760)
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(9,794)
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NET ASSETS
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26,913
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26,514
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CAPITAL AND RESERVES
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26,913
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26,514
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Notes
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1
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Company information
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Prime Place Limited is a private company registered in England and Wales. Its registered number is 12305055. The company is limited by shares. Its registered office is 53 Caledonian Road, London, N1 9BU.
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2
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Average number of employees
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During the year the average number of employees was Nil (2025 - 2).
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3
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Related party transactions
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At the balance sheet date the company was owed £36,280 by James E Lucas Limited, a connected company. At the balance sheet date the company owed the Director, O Saat, £33,124.61. This loan is interest free and repayable on demand.
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4
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Deferred tax
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Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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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 March 2026.
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1
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