Registered number
SC174807
Premier Custom Build Limited
Filleted Accounts
31 October 2022
Premier Custom Build Limited
Registered number: SC174807
Balance Sheet
as at 31 October 2022
Notes 2022 2021
£ £
Current assets
Stocks 1,093,858 -
Debtors 3 2 2
Cash at bank and in hand 178,633 -
1,272,493 2
Creditors: amounts falling due within one year 4 (1,272,491) (193,105)
Net current assets/(liabilities) 2 (193,103)
Net assets/(liabilities) 2 (193,103)
Capital and reserves
Called up share capital 402,591 402,591
Capital and reserves (402,589) (595,694)
Shareholders' funds 2 (193,103)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
I Glass
Director
Approved by the board on 25 October 2023
Premier Custom Build Limited
Notes to the Accounts
for the year ended 31 October 2022
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2022 2021
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2022 2021
£ £
Other debtors 2 2
4 Creditors: amounts falling due within one year 2022 2021
£ £
Other creditors 1,272,491 193,105
Premier Custom Build Limited SC174807 false 2021-11-01 2022-10-31 2022-10-31 VT Final Accounts April 2022 I Glass No description of principal activity SC174807 2020-11-01 2021-10-31 SC174807 core:WithinOneYear 2021-10-31 SC174807 core:ShareCapital 2021-10-31 SC174807 core:RetainedEarningsAccumulatedLosses 2021-10-31 SC174807 2021-11-01 2022-10-31 SC174807 bus:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 SC174807 bus:AuditExemptWithAccountantsReport 2021-11-01 2022-10-31 SC174807 bus:Director40 2021-11-01 2022-10-31 SC174807 1 2021-11-01 2022-10-31 SC174807 2 2021-11-01 2022-10-31 SC174807 bus:FRS102 2021-11-01 2022-10-31 SC174807 bus:FullAccounts 2021-11-01 2022-10-31 SC174807 2022-10-31 SC174807 core:WithinOneYear 2022-10-31 SC174807 core:ShareCapital 2022-10-31 SC174807 core:RetainedEarningsAccumulatedLosses 2022-10-31 SC174807 2021-10-31 iso4217:GBP xbrli:pure