PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Company Registration Number:
01715650 (England and Wales)

Unaudited abridged accounts for the year ended 25 February 2023

Period of accounts

Start date: 27 February 2022

End date: 25 February 2023

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Contents of the Financial Statements

for the Period Ended 25 February 2023

Balance sheet
Notes

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Balance sheet

As at 25 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 29,550 51,042
Investments: 4 3,637 3,637
Total fixed assets: 33,187 54,679
Current assets
Debtors:   1,390,987 1,629,282
Cash at bank and in hand: 290,080 62,680
Total current assets: 1,681,067 1,691,962
Creditors: amounts falling due within one year:   (91,376) (167,988)
Net current assets (liabilities): 1,589,691 1,523,974
Total assets less current liabilities: 1,622,878 1,578,653
Total net assets (liabilities): 1,622,878 1,578,653
Capital and reserves
Called up share capital: 705,008 705,008
Share premium account: 3,970,303 3,970,303
Profit and loss account: (3,052,433) (3,096,658)
Shareholders funds: 1,622,878 1,578,653

The notes form part of these financial statements

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Balance sheet statements

For the year ending 25 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 June 2023
and signed on behalf of the board by:

Name: Martin Noel
Status: Director

The notes form part of these financial statements

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

2. Employees

2023 2022
Average number of employees during the period 18 18

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

3. Tangible Assets

Total
Cost £
At 27 February 2022 442,289
Disposals (263,644)
At 25 February 2023 178,645
Depreciation
At 27 February 2022 391,247
Charge for year 19,992
On disposals (262,144)
At 25 February 2023 149,095
Net book value
At 25 February 2023 29,550
At 26 February 2022 51,042

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

4. Fixed investments

fixed investments are related to company service cars

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

5. Financial commitments

The company had no material capital commitments at the financial period-ended 25 February 2023

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

6. Related party transactions

Transactions with group companies included

PREMIER TECH SYSTEMS AND AUTOMATION LIMITED

Notes to the Financial Statements

for the Period Ended 25 February 2023

7. Post balance sheet events

There have been no significant events affecting the company since the financial period-end