Prime Group (London) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09194417 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 29 August 2014 to 31 December 2015

for

Prime Group (London) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Picoli

SECRETARY:

Miss S Ribeiro Peluso

REGISTERED OFFICE:

5 Luke Street

London

EC2A 4PX

REGISTERED NUMBER:

09194417 (England and Wales)

ACCOUNTANTS:

Litchfields

5 Luke Street

London

EC2A 4PX

FIXED ASSETS

Tangible assets

2

1,765

CURRENT ASSETS

Debtors

22,358

Cash at bank

17,486

39,844

CREDITORS

Amounts falling due within one year

40,576

NET CURRENT LIABILITIES

(732

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,033

PROVISIONS FOR LIABILITIES

353

NET ASSETS

680

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

580

SHAREHOLDERS' FUNDS

680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 March 2016 and were signed by:

E Picoli - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,803

At 31 December 2015

1,803

DEPRECIATION

Charge for period

38

At 31 December 2015

38

NET BOOK VALUE

At 31 December 2015

1,765

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary shares

1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2015:

£

E Picoli

Balance outstanding at start of period

-

Amounts repaid

-

Balance outstanding at end of period

9,808