Premier League Security Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11093903 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

PREMIER LEAGUE SECURITY LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A W Brown

REGISTERED OFFICE:

AJ Bell Staduim, 1 Stadium Way

Barton Upon Irwell

Eccles

Manchester

Greater Manchester

M30 7EY

REGISTERED NUMBER:

11093903 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

FIXED ASSETS

Tangible assets

4

6,171

6,906

CURRENT ASSETS

Debtors

32,200

59,033

Cash at bank

50,841

26,648

83,041

85,681

CREDITORS

Amounts falling due within one year

51,585

51,231

NET CURRENT ASSETS

31,456

34,450

TOTAL ASSETS LESS CURRENT LIABILITIES

37,627

41,356

CREDITORS

Amounts falling due after more than one year

5

(36,253

)

(39,517

)

PROVISIONS FOR LIABILITIES

(1,241

)

(1,312

)

NET ASSETS

133

527

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

132

526

SHAREHOLDERS' FUNDS

133

527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 September 2023 and were signed by:

A W Brown - Director

1.	STATUTORY INFORMATION

Premier League Security Ltd 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.

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.

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.

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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

9,654

Additions

1,083

At 31 March 2023

10,737

DEPRECIATION

At 1 April 2022

2,748

Charge for year

1,818

At 31 March 2023

4,566

NET BOOK VALUE

At 31 March 2023

6,171

At 31 March 2022

6,906

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31/3/23

31/3/22

£

£

Repayable by instalments

Bank loans more 5 yr by instal

14,197

17,461

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the director Mr A W Brown has provided an unsecured interest free loan to the company with no fixed repayment date. At the year end the balance was £2,110 (2022 : £10,471).

7.	RELATED PARTY DISCLOSURES

During the year the company received an unsecured interest free loan from Max Turner Adventures Ltd, a company of which Mr A W Brown is also a director. At the year end the balance was £38,200 (2022 : £32,200). During the year a rental charge of £6,000 was paid for use of the property for training purposes.