PRIMITIVO LIMITED

PRIMITIVO LIMITED

PRIMITIVO LIMITED - Company Information

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PRIMITIVO LIMITED

Company Registration Number:
03422322 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

PRIMITIVO LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

PRIMITIVO LIMITED

Balance sheet

As at 31 July 2023


Notes
2023
15 months to 31 July 2022


£
£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 68,694 85,424
Total fixed assets: 68,695 85,425
Current assets
Stocks: 38,000 38,000
Debtors:   24,705 16,043
Cash at bank and in hand: 120,579 181,139
Total current assets: 183,284 235,182
Creditors: amounts falling due within one year:   (125,335) (136,036)
Net current assets (liabilities): 57,949 99,146
Total assets less current liabilities: 126,644 184,571
Creditors: amounts falling due after more than one year:   (19,087) (28,855)
Provision for liabilities: (703) (2,482)
Total net assets (liabilities): 106,854 153,234
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 106,852 153,232
Shareholders funds: 106,854 153,234

The notes form part of these financial statements

PRIMITIVO LIMITED

Balance sheet statements

For the year ending 31 July 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2024
and signed on behalf of the board by:

Name: PK SAGOO
Status: Director

The notes form part of these financial statements

PRIMITIVO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRIMITIVO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 15 months to 31 July 2022
Average number of employees during the period 10 11

PRIMITIVO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible Assets

Total
Cost £
At 01 August 2022 50,000
At 31 July 2023 50,000
Amortisation
At 01 August 2022 49,999
At 31 July 2023 49,999
Net book value
At 31 July 2023 1
At 31 July 2022 1

PRIMITIVO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 216,535
At 31 July 2023 216,535
Depreciation
At 01 August 2022 131,111
Charge for year 16,730
At 31 July 2023 147,841
Net book value
At 31 July 2023 68,694
At 31 July 2022 85,424

PRIMITIVO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Financial commitments

The total future minimum lease payments under non-cancellable operating leases are as follows: Later than 5 years2022-£877,5002023-£936,000

PRIMITIVO LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Loans to directors

Name of director receiving advance or credit: P SAGOO
Description of the loan: Advances
£
Balance at 01 August 2022 0
Advances or credits made: 8,822
Balance at 31 July 2023 8,822