Premier Telecom Essentials Limited - Accounts to registrar (filleted) - small 18.2

Premier Telecom Essentials Limited - Accounts to registrar (filleted) - small 18.2

PREMIER TELECOM ESSENTIALS LIMITED - Company Information

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REGISTERED NUMBER: 05256865















Unaudited Financial Statements

for the Period 31 October 2017 to 28 February 2019

for

Premier Telecom Essentials Limited
Premier Telecom Essentials Limited (Registered number: 05256865)






Contents of the Financial Statements
for the Period 31 October 2017 to 28 February 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Premier Telecom Essentials Limited

Company Information
for the Period 31 October 2017 to 28 February 2019







DIRECTOR: P Scrancher





REGISTERED OFFICE: 24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ





REGISTERED NUMBER: 05256865





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ
Page 1
Premier Telecom Essentials Limited (Registered number: 05256865)

Balance Sheet
28 February 2019

28.2.19 30.10.17
Notes £    £   
CURRENT ASSETS
Debtors 4 757 20,000
Cash at bank 2,006 9,138
2,763 29,138
CREDITORS
Amounts falling due within one year 5 629 7,289
NET CURRENT ASSETS 2,134 21,849
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,134
21,849

CAPITAL AND RESERVES
Called up share capital 33 33
Retained earnings 2,101 21,816
SHAREHOLDERS' FUNDS 2,134 21,849

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2019 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 4 November 2019 and were signed by:





P Scrancher - Director


The notes form part of these financial statements

Page 2
Premier Telecom Essentials Limited (Registered number: 05256865)

Notes to the Financial Statements
for the Period 31 October 2017 to 28 February 2019

1. STATUTORY INFORMATION

Premier Telecom Essentials Limited is a private company, limited by shares , registered in Not specified/Other.
The company's registered number and registered office address can be found on the Company Information
page.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported
amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the
reporting period. These estimates and assumptions are based on management's best knowledge of the amount,
events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of
these financial statements.

Turnover
Turnover represents the net invoiced sales of services excluding value added tax.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Page 3 continued...
Premier Telecom Essentials Limited (Registered number: 05256865)

Notes to the Financial Statements - continued
for the Period 31 October 2017 to 28 February 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.19 30.10.17
£    £   
Other debtors 757 20,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.19 30.10.17
£    £   
Trade creditors 30 -
Taxation and social security - 757
Other creditors 599 6,532
629 7,289

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the period end the company owed £239 (2017: £6,173) to the director.

7. COMPARATIVES

Whilst these accounts are for a period of 16 months, the comparatives are for a period of 12 months.

Page 4
Premier Telecom Essentials Limited

Report of the Accountants to the Director of
Premier Telecom Essentials Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to
file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements
and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 28 February 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


4 November 2019

This page does not form part of the statutory financial statements

Page 5