PRAIZE LTD - Accounts

PRAIZE LTD
Statement of Financial Position
As at 31 March 2026

	2026		2025
	£	£	£	£
Fixed assets		1,175		1,500
Current assets	14,106		14,127
Creditors: amount falling due within one year	(2,770)		(2,072)
Net current assets		11,336		12,055
Total assets less current liabilities		12,511		13,555
Creditors: amount falling due after more than one year		(17,400)		(15,000)
Net assets		(4,889)		(1,445)


Capital and reserves		(4,889)		(1,445)

NOTES TO THE ACCOUNTS

General Information

PRAIZE LTD is a private company, limited by shares, registered in England and Wales, registration number 15464692, registration address 178, Merton High Street, London, SW19 1AY.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the period was 0 (2025 : 0).

For the period ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 04 November 2026 and were signed on its behalf by:

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Samia Waseem Adil
Director