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Registered number: 08320627
PRIMA AND COMPANY LTD
Financial Statements
For The Year Ended 31 December 2025
Prima and Company
222a Camberwell Road
London
SE5 0ED
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08320627
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17 1,265
17 1,265
Creditors: Amounts Falling Due Within One Year 6 (21,398 ) (22,798 )
NET CURRENT ASSETS (LIABILITIES) (21,398 ) (22,798 )
TOTAL ASSETS LESS CURRENT LIABILITIES (21,381 ) (21,533 )
Creditors: Amounts Falling Due After More Than One Year 7 (29,581 ) (29,581 )
NET LIABILITIES (50,962 ) (51,114 )
CAPITAL AND RESERVES
Called up share capital 8 20,100 20,100
Profit and Loss Account (71,062 ) (71,214 )
SHAREHOLDERS' FUNDS (50,962) (51,114)
For the year ending 31 December 2025 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 director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr MARCELLIUS NWONU
Director
15/10/2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
PRIMA AND COMPANY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08320627 . The registered office is 222A Camberwell Road, Camberwell, London, SE5 0ED.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight line
Motor Vehicles 25% Straight line
Fixtures & Fittings 25% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 27,419 3,957 31,376
As at 31 December 2025 27,419 3,957 31,376
Depreciation
As at 1 January 2025 26,164 3,947 30,111
Provided during the period 1,248 - 1,248
As at 31 December 2025 27,412 3,947 31,359
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2025 7 10 17
As at 1 January 2025 1,255 10 1,265
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 812
Bank loans and overdrafts 3,529 4,979
Other taxes and social security 13,113 13,113
Other creditors 4,756 3,894
21,398 22,798
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 29,581 29,581
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20,100 20,100
9. Dividends
10. Ultimate Controlling Party
The company's ultimate controlling party is Mrs Nneka Nwonu by virtue of her ownership of 100% of the issued share capital in the company.
Page 3