Abbreviated Company Accounts - PRIME RETAIL LIMITED

PRIME RETAIL LIMITED - Company Information

07124858 PRIME RETAIL LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 07124858 2014-02-01 2015-01-31 07124858 2015-01-31 07124858 2014-01-31 07124858 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 07124858 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number 07124858

PRIME RETAIL LIMITED

Abbreviated Accounts

31 January 2015

PRIME RETAIL LIMITED Registered Number 07124858

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		17,552	-
Debtors		2,600	4,800
Cash at bank and in hand		40	-
		20,192	4,800
Creditors: amounts falling due within one year		(24,349)	(5,899)
Net current assets (liabilities)		(4,157)	(1,099)
Total assets less current liabilities		(4,157)	(1,099)
Total net assets (liabilities)		(4,157)	(1,099)
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		(4,158)	(1,100)
Shareholders' funds		(4,157)	(1,099)

For the year ending 31 January 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 October 2015

And signed on their behalf by:
N.Marker, Director

PRIME RETAIL LIMITED Registered Number 07124858

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Valuation information and policy
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.

Other accounting policies
Going concern
The Financial Statements have been prepared on a going concern basis, the company being dependent on the continued support of its creditors.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1