PREMIUM PAINTS LIMITED

Company Registration Number:
13089652 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

PREMIUM PAINTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

PREMIUM PAINTS LIMITED

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 102,100 45,810
Total fixed assets: 102,100 45,810
Current assets
Stocks: 43,000 35,000
Cash at bank and in hand: 308,504 253,924
Total current assets: 351,504 288,924
Creditors: amounts falling due within one year:   (239,758) (178,093)
Net current assets (liabilities): 111,746 110,831
Total assets less current liabilities: 213,846 156,641
Total net assets (liabilities): 213,846 156,641
Capital and reserves
Called up share capital: 20 10
Profit and loss account: 213,826 156,631
Shareholders funds: 213,846 156,641

The notes form part of these financial statements

PREMIUM PAINTS LIMITED

Balance sheet statements

For the year ending 31 August 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 February 2024
and signed on behalf of the board by:

Name: B JARVIS
Status: Director

The notes form part of these financial statements

PREMIUM PAINTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 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

PREMIUM PAINTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 13 13

PREMIUM PAINTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 57,791
Additions 89,720
Disposals (8,710)
At 31 August 2023 138,801
Depreciation
At 01 September 2022 11,981
Charge for year 26,880
On disposals (2,160)
At 31 August 2023 36,701
Net book value
At 31 August 2023 102,100
At 31 August 2022 45,810