Premiere Services Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 03076300 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2023

for

Premiere Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A C R Parr

Mrs T L Parr

SECRETARY:

Mrs T L Parr

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

03076300 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

BANKERS:

HSBC

38 Union Street

Ryde

Isle of Wight

PO33 2LJ

FIXED ASSETS

Tangible assets

4

60,775

60,847

CURRENT ASSETS

Cash at bank

1,461

1,296

CREDITORS

Amounts falling due within one year

5

61,285

64,941

NET CURRENT LIABILITIES

(59,824

)

(63,645

)

TOTAL ASSETS LESS CURRENT LIABILITIES

951

(2,798

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

948

(2,801

)

SHAREHOLDERS' FUNDS

951

(2,798

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:

Mr A C R Parr - Director

1.	STATUTORY INFORMATION

Premiere Services 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.

Plant and machinery etc

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 6 April 2022

and 5 April 2023

60,409

6,352

66,761

DEPRECIATION

At 6 April 2022

-

5,914

5,914

Charge for year

-

72

72

At 5 April 2023

-

5,986

5,986

NET BOOK VALUE

At 5 April 2023

60,409

366

60,775

At 5 April 2022

60,409

438

60,847

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.23

5.4.22

£

£

Taxation and social security

451

20

Other creditors

60,834

64,921

61,285

64,941