Premier Waste Services Limited - Accounts to registrar (filleted) - small 18.2
Premier Waste Services Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2018 |
for |
PREMIER WASTE SERVICES LIMITED |
PREMIER WASTE SERVICES LIMITED (REGISTERED NUMBER: 04142578) |
Contents of the Financial Statements |
for the year ended 31 December 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
PREMIER WASTE SERVICES LIMITED |
Company Information |
for the year ended 31 December 2018 |
Directors: |
Registered office: |
Business address: |
Registered number: |
Accountants: |
5-6 Greenfield Crescent |
Edgbaston |
Birmingham |
B15 3BE |
PREMIER WASTE SERVICES LIMITED (REGISTERED NUMBER: 04142578) |
Balance Sheet |
31 December 2018 |
2018 | 2017 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) | ( |
) |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors on by: |
PREMIER WASTE SERVICES LIMITED (REGISTERED NUMBER: 04142578) |
Notes to the Financial Statements |
for the year ended 31 December 2018 |
1. | Statutory information |
Premier Waste Services Limited is a |
The company's registered number and registered office address can be found on the Company Information |
page. |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Revenue from services is recognised by reference to the stage of completion when the stage of completion, |
costs incurred, and costs to complete can be estimated reliably. The stage of completion is calculated by |
comparing costs incurred, mainly in relation to materials, as a proportion of total costs. Where the outcome |
cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is |
probable will be recovered. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and |
Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or |
directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different |
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and |
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the |
reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | Employees and directors |
The average number of employees during the year was |
PREMIER WASTE SERVICES LIMITED (REGISTERED NUMBER: 04142578) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2018 |
4. | Fixed asset investments |
Other |
investments |
£ |
Cost |
At 1 January 2018 |
and 31 December 2018 |
Net book value |
At 31 December 2018 |
At 31 December 2017 |
5. | Debtors: amounts falling due within one year |
2018 | 2017 |
£ | £ |
Other debtors |
6. | Creditors: amounts falling due within one year |
2018 | 2017 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
8. | Related party disclosures |
During the year the company entered into the following transactions with related parties: |
Sales to "other related parties" £9,370 (2017 £12,989) |
At the period end the following amounts were outstanding: |
Amounts owed to "other related parties" £208,096 (2017 £200,000) |
Amounts owed by "other related parties" £Nil (2017 £114) |
9. | Ultimate controlling party |
The controlling party is D Courtney. |