Premier (North West) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06481262 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

PREMIER (NORTH WEST) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S V Cusick

SECRETARY:

Mrs D M Cusick

REGISTERED OFFICE:

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

REGISTERED NUMBER:

06481262 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

FIXED ASSETS

Tangible assets

2

14,666

19,669

CURRENT ASSETS

Debtors

24,005

28,265

Cash at bank

13,623

15,001

37,628

43,266

CREDITORS

Amounts falling due within one year

3

43,584

46,470

NET CURRENT LIABILITIES

(5,956

)

(3,204

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,710

16,465

CREDITORS

Amounts falling due after more than one year

3

(5,015

)

(8,359

)

PROVISIONS FOR LIABILITIES

(2,933

)

(3,934

)

NET ASSETS

762

4,172

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

662

4,072

SHAREHOLDERS' FUNDS

762

4,172

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 3 June 2015 and were signed by:

S V Cusick - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

35,677

Additions

150

At 31 March 2015

35,827

DEPRECIATION

At 1 April 2014

16,008

Charge for year

5,153

At 31 March 2015

21,161

NET BOOK VALUE

At 31 March 2015

14,666

At 31 March 2014

19,669

3.

CREDITORS

Creditors include an amount of £ 8,359 (31/3/14 - £ 11,703 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

100

Ordinary

£1

100

100