PREMIER_EVENINGS_LIMITED - Accounts

PREMIER EVENINGS LIMITED - Company Information

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Company Registration No. 04359362 (England and Wales)

PREMIER EVENINGS LIMITED

T/A PRIME ENTERTAINMENT

UNAUDITED ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

PREMIER EVENINGS LIMITED

T/A PRIME ENTERTAINMENT

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PREMIER EVENINGS LIMITED

T/A PRIME ENTERTAINMENT

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

41,341

35,310

Current assets

Debtors

62,110

27,648

Cash at bank and in hand

92,677

113,498

154,787

141,146

Creditors: amounts falling due within one year

(75,751)

(89,331)

Net current assets

79,036

51,815

Total assets less current liabilities

120,377

87,125

Provisions for liabilities

(7,985)

(6,842)

112,392

80,283

Capital and reserves

Called up share capital

Profit and loss account

112,388

80,279

Shareholders' funds

112,392

80,283

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 September 2016

Mr N B Kirkup

Director

Company Registration No. 04359362

PREMIER EVENINGS LIMITED

T/A PRIME ENTERTAINMENT

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The directors, having regard to the nature, size and complexity of the business, have assessed the financial risks affecting the company and its operations for the 12 months from the approval of the financial statements and consider it appropriate to prepare the financial statements on a going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Fixtures, fittings & equipment

25% reducing balance

Motor vehicles

25% reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

PREMIER EVENINGS LIMITED

T/A PRIME ENTERTAINMENT

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 1 January 2015

152,095

Additions

19,820

At 31 December 2015

171,915

Depreciation

At 1 January 2015

116,785

Charge for the year

13,789

At 31 December 2015

130,574

Net book value

At 31 December 2015

41,341

At 31 December 2014

35,310

Share capital

2015

2014

Allotted, called up and fully paid

4 Ordinary shares of £1 each