Company Registration No. 12622401 (England and Wales)
Primal MVMNT Ltd
Unaudited accounts
for the year ended 31 May 2026
Primal MVMNT Ltd
Unaudited accounts
Contents
Primal MVMNT Ltd
Company Information
for the year ended 31 May 2026
Company Number
12622401 (England and Wales)
Registered Office
37 Woodway Street
Chudleigh
Newton Abbot
Devon
TQ13 0JU
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Primal MVMNT Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
6,299
8,399
Cash at bank and in hand
12,001
16,582
Creditors: amounts falling due within one year
(15,000)
(18,694)
Net current liabilities
(1,756)
(505)
Total assets less current liabilities
4,543
7,894
Provisions for liabilities
Deferred tax
(1,197)
(1,596)
Called up share capital
100
100
Profit and loss account
3,246
6,198
Shareholders' funds
3,346
6,298
For the year ending 31 May 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 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 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 and authorised for issue on 28 October 2026 and were signed on its behalf by
Mr Adam Clasper
Director
Company Registration No. 12622401
Primal MVMNT Ltd
Notes to the Accounts
for the year ended 31 May 2026
Primal MVMNT Ltd is a private company, limited by shares, registered in England and Wales, registration number 12622401. The registered office is 37 Woodway Street, Chudleigh, Newton Abbot, Devon, TQ13 0JU.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Fixtures & fittings
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2025
4,945
5,500
14,983
1,198
26,626
At 31 May 2026
4,945
5,500
14,983
1,198
26,626
At 1 June 2025
3,047
3,760
10,642
778
18,227
Charge for the year
475
435
1,085
105
2,100
At 31 May 2026
3,522
4,195
11,727
883
20,327
At 31 May 2026
1,423
1,305
3,256
315
6,299
At 31 May 2025
1,898
1,740
4,341
420
8,399
Primal MVMNT Ltd
Notes to the Accounts
for the year ended 31 May 2026
Amounts falling due within one year
Accrued income and prepayments
343
707
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
666
Taxes and social security
7,247
6,834
Other creditors
7,367
9,277
Loans from directors
(8,710)
(3,871)
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Average number of employees
During the year the average number of employees was 3 (2025: 4).