Premier Personal Care Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04095313 (England and Wales)

Financial Statements

for the Year Ended 5th April 2017

for

Premier Personal Care Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L O'Connor

REGISTERED OFFICE:

2 West Street

Henley On Thames

Oxfordshire

RG9 2DU

REGISTERED NUMBER:

04095313 (England and Wales)

ACCOUNTANTS:

Buffery & Co Ltd

2 West Street

Henley On Thames

Oxfordshire

RG9 2DU

FIXED ASSETS

Tangible assets

4

9,881

14,137

CURRENT ASSETS

Debtors

78,889

107,502

Cash at bank

-

10,980

78,889

118,482

CREDITORS

Amounts falling due within one year

78,704

59,566

NET CURRENT ASSETS

185

58,916

TOTAL ASSETS LESS CURRENT LIABILITIES

10,066

73,053

CREDITORS

Amounts falling due after more than one year

10,002

12,722

NET ASSETS

64

60,331

CAPITAL AND RESERVES

Called up share capital

5

59

59

Retained earnings

5

60,272

SHAREHOLDERS' FUNDS

64

60,331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 5th April 2017 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 on 4th January 2018 and were signed by:

Mrs L O'Connor - Director

1.	STATUTORY INFORMATION

Premier Personal Care 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of services provided during the period. All services provided are exempt from VAT,

therefore all costs and purchases include VAT charged at the relevant rate.

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 16 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 6th April 2016

59,340

Disposals

(1

)

At 5th April 2017

59,339

DEPRECIATION

At 6th April 2016

45,203

Charge for year

4,255

At 5th April 2017

49,458

NET BOOK VALUE

At 5th April 2017

9,881

At 5th April 2016

14,137

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.17

5.4.16

value:

£

£

59

Ordinary

1

59

59

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5th April 2017 and

5th April 2016:

5.4.17

5.4.16

£

£

Mrs L O'Connor

Balance outstanding at start of year

51,584

-

Amounts advanced

54,799

129,584

Amounts repaid

(77,450

)

(78,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

28,933

51,584

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L O'Connor.