Premier Leisure Developments Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07106172 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended

31 December 2015

for

Premier Leisure Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTOR:

J Overson

SECRETARY:

REGISTERED OFFICE:

13 Salters Road

King's Lynn

Norfolk

PE30 4HF

REGISTERED NUMBER:

07106172 (England and Wales)

ACCOUNTANTS:

G A Services

10 Ash Grove

South Wootton

King's Lynn

Norfolk

PE30 3TS

FIXED ASSETS

Tangible assets

2

12,999

14,072

CURRENT ASSETS

Stocks

3,700

Debtors

2,903

2,234

Cash at bank and in hand

347

8,055

6,950

13,989

CREDITORS

Amounts falling due within one year

9,245

14,995

NET CURRENT LIABILITIES

(2,295

)

(1,006

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,704

13,066

CREDITORS

Amounts falling due after more than one
year

-

(1,714

)

PROVISIONS FOR LIABILITIES

(1,446

)

(1,446

)

NET ASSETS

9,258

9,906

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

9,158

9,806

SHAREHOLDERS' FUNDS

9,258

9,906

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 6 September 2016 and were signed by:

M A O'Neill - 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 January 2015).

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

27,870

Additions

341

Disposals

(915

)

At 31 December 2015

27,296

DEPRECIATION

At 1 January 2015

13,798

Charge for year

1,235

Eliminated on disposal

(736

)

At 31 December 2015

14,297

NET BOOK VALUE

At 31 December 2015

12,999

At 31 December 2014

14,072

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

1

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2015 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.

G A Services

10 Ash Grove

South Wootton

King's Lynn

Norfolk

PE30 3TS

6 September 2016