Premier 1 Consulting Limited - Accounts to registrar (filleted) - small 23.1.2

Premier 1 Consulting Limited - Accounts to registrar (filleted) - small 23.1.2

PREMIER 1 CONSULTING LIMITED - Company Information

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REGISTERED NUMBER: 09470509 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 September 2022

for

Premier 1 Consulting Limited
Premier 1 Consulting Limited (Registered number: 09470509)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Premier 1 Consulting Limited

Company Information
for the Year Ended 30 September 2022







DIRECTOR: Ms P Arumugam





REGISTERED OFFICE: 12 Shepherds Farm
Mill End
Rickmansworth
Hertfordshire
WD3 8JG





REGISTERED NUMBER: 09470509 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY
Page 1
Premier 1 Consulting Limited (Registered number: 09470509)

Balance Sheet
30 September 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,216 2,683

CURRENT ASSETS
Debtors 5 112,702 105,330
Cash at bank 4,364 13,385
117,066 118,715
CREDITORS
Amounts falling due within one year 6 107,864 99,427
NET CURRENT ASSETS 9,202 19,288
TOTAL ASSETS LESS CURRENT LIABILITIES 11,418 21,971

CREDITORS
Amounts falling due after more than one
year
7
56,907
56,867
NET LIABILITIES (45,489 ) (34,896 )

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (45,492 ) (34,899 )
SHAREHOLDERS' FUNDS (45,489 ) (34,896 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2
Premier 1 Consulting Limited (Registered number: 09470509)

Balance Sheet - continued
30 September 2022


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 and authorised for issue on 6 June 2023 and were signed by:





Ms P Arumugam - Director


The notes form part of these financial statements

Page 3
Premier 1 Consulting Limited (Registered number: 09470509)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

Premier 1 Consulting Limited is a private company, limited by shares , registered in England and Wales. 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
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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.

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.

Going concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Page 4
Premier 1 Consulting Limited (Registered number: 09470509)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2021
and 30 September 2022 2,812 1,928 4,740
DEPRECIATION
At 1 October 2021 777 1,280 2,057
Charge for year 305 162 467
At 30 September 2022 1,082 1,442 2,524
NET BOOK VALUE
At 30 September 2022 1,730 486 2,216
At 30 September 2021 2,035 648 2,683

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Trade debtors 9,720 -
Other debtors 102,982 105,330
112,702 105,330

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Bank loans and overdrafts 10,805 10,845
Taxation and social security 77,745 72,451
Other creditors 19,314 16,131
107,864 99,427

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.22 30.9.21
£    £   
Bank loans 56,907 56,867

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 6,344

8. RELATED PARTY DISCLOSURES

The director, Ms P Arumugam, is considered to be the key management personnel.

Page 5
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Premier 1 Consulting 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Premier 1 Consulting Limited for the year ended 30 September 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Premier 1 Consulting Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Premier 1 Consulting Limited and state those matters that we have agreed to state to the director of Premier 1 Consulting Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Premier 1 Consulting Limited and its director for our work or for this report.

It is your duty to ensure that Premier 1 Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Premier 1 Consulting Limited. You consider that Premier 1 Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Premier 1 Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................

This page does not form part of the statutory financial statements

Page 6