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REGISTERED NUMBER: 02917609 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 July 2023

for

Premier Office (Uk) Limited

Premier Office (Uk) Limited (Registered number: 02917609)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Premier Office (Uk) Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr Nick Martin





REGISTERED OFFICE: Unit 21
Henfield Business Park
Henfield
West Sussex
BN5 9SL





REGISTERED NUMBER: 02917609 (England and Wales)

Premier Office (Uk) Limited (Registered number: 02917609)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 668,491 670,037
668,491 670,037

CURRENT ASSETS
Stocks - 30,000
Debtors 6 19,413 45,699
Cash at bank and in hand 13,034 18,362
32,447 94,061
CREDITORS
Amounts falling due within one year 7 612,194 530,451
NET CURRENT LIABILITIES (579,747 ) (436,390 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,744

233,647

CREDITORS
Amounts falling due after more than one year 8 48,385 176,310
NET ASSETS 40,359 57,337

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 9 40,258 57,236
SHAREHOLDERS' FUNDS 40,359 57,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Premier Office (Uk) Limited (Registered number: 02917609)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 11 April 2024 and were signed by:





Mr Nick Martin - Director


Premier Office (Uk) Limited (Registered number: 02917609)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 33% on reducing balance and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Premier Office (Uk) Limited (Registered number: 02917609)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

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 4 (2022 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 61,300
AMORTISATION
At 1 August 2022
and 31 July 2023 61,300
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 663,855 184,880 848,735
DEPRECIATION
At 1 August 2022 - 178,698 178,698
Charge for year - 1,546 1,546
At 31 July 2023 - 180,244 180,244
NET BOOK VALUE
At 31 July 2023 663,855 4,636 668,491
At 31 July 2022 663,855 6,182 670,037

Premier Office (Uk) Limited (Registered number: 02917609)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 107,990 104,704
Other debtors (88,577 ) (59,005 )
19,413 45,699

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 6,344 7,914
Trade creditors 587,511 482,678
Taxation and social security 18,312 39,859
Other creditors 27 -
612,194 530,451

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 48,385 176,310

9. RESERVES
Retained
earnings
£   

At 1 August 2022 57,236
Deficit for the year (16,978 )
At 31 July 2023 40,258

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Nick Martin.