IRIS Accounts Productionv24.1.0.57803183374Board of Directors1.12.2230.11.2330.11.23falsetruefalsefalsetruefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh031833742022-11-30031833742023-11-30031833742022-12-012023-11-30031833742021-11-30031833742021-12-012022-11-30031833742022-11-3003183374ns15:EnglandWales2022-12-012023-11-3003183374ns14:PoundSterling2022-12-012023-11-3003183374ns10:Director12022-12-012023-11-3003183374ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3003183374ns10:SmallEntities2022-12-012023-11-3003183374ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3003183374ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3003183374ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3003183374ns10:FullAccounts2022-12-012023-11-3003183374ns5:CurrentFinancialInstruments2023-11-3003183374ns5:CurrentFinancialInstruments2022-11-3003183374ns5:ShareCapital2023-11-3003183374ns5:ShareCapital2022-11-3003183374ns5:CapitalRedemptionReserve2023-11-3003183374ns5:CapitalRedemptionReserve2022-11-3003183374ns5:RetainedEarningsAccumulatedLosses2023-11-3003183374ns5:RetainedEarningsAccumulatedLosses2022-11-3003183374ns10:RegisteredOffice2022-12-012023-11-3003183374ns5:PlantMachinery2022-12-012023-11-3003183374ns5:FurnitureFittings2022-12-012023-11-3003183374ns5:MotorVehicles2022-12-012023-11-3003183374ns5:ComputerEquipment2022-12-012023-11-3003183374ns5:PlantMachinery2022-11-3003183374ns5:FurnitureFittings2022-11-3003183374ns5:MotorVehicles2022-11-3003183374ns5:ComputerEquipment2022-11-3003183374ns5:PlantMachinery2023-11-3003183374ns5:FurnitureFittings2023-11-3003183374ns5:MotorVehicles2023-11-3003183374ns5:ComputerEquipment2023-11-3003183374ns5:PlantMachinery2022-11-3003183374ns5:FurnitureFittings2022-11-3003183374ns5:MotorVehicles2022-11-3003183374ns5:ComputerEquipment2022-11-3003183374ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3003183374ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3003183374ns5:WithinOneYear2023-11-3003183374ns5:WithinOneYear2022-11-3003183374ns5:BetweenOneFiveYears2023-11-3003183374ns5:BetweenOneFiveYears2022-11-3003183374ns5:MoreThanFiveYears2023-11-3003183374ns5:MoreThanFiveYears2022-11-3003183374ns5:AllPeriods2023-11-3003183374ns5:AllPeriods2022-11-3003183374ns5:RetainedEarningsAccumulatedLosses2022-11-3003183374ns5:CapitalRedemptionReserve2022-11-3003183374ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30

REGISTERED NUMBER: 03183374 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023


FOR



PREMIER INSTALLATION M/CR LIMITED


PREMIER INSTALLATION M/CR LIMITED (REGISTERED NUMBER: 03183374)


CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023











Page



Balance Sheet  

1



Notes to the Financial Statements  

3




PREMIER INSTALLATION M/CR LIMITED (REGISTERED NUMBER: 03183374)


BALANCE SHEET

30 NOVEMBER 2023



2023

2022



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

23,486


27,587




CURRENT ASSETS

Stocks

29,500


30,890



Debtors

5

282,718


92,539



Cash at bank and in hand

257,792


397,231



570,010


520,660



CREDITORS

Amounts falling due within one year

6

142,111


100,380



NET CURRENT ASSETS

427,899


420,280



TOTAL ASSETS LESS CURRENT

LIABILITIES

451,385


447,867




PROVISIONS FOR LIABILITIES

2,442


2,701



NET ASSETS

448,943


445,166




CAPITAL AND RESERVES

Called up share capital

600


600



Capital redemption reserve

8

300


300



Retained earnings

8

448,043


444,266



SHAREHOLDERS' FUNDS

448,943


445,166




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.  


The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.  


The directors acknowledge their 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 INSTALLATION M/CR LIMITED (REGISTERED NUMBER: 03183374)


BALANCE SHEET - continued

30 NOVEMBER 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 Profit and Loss Account has not been delivered.


The financial statements were approved by the Board of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by:






J M Henry - Director



PREMIER INSTALLATION M/CR LIMITED (REGISTERED NUMBER: 03183374)


NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023



1.

STATUTORY INFORMATION



Premier Installation M/cr Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:



Registered number:

03183374



Registered office:

Unit Q Buffalo Court


Kansas Avenue


Salford


Manchester


M50 2QL


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.


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

-

25% on reducing balance


Fixtures and fittings

-

10% on reducing balance


Motor vehicles

-

25% on reducing balance


Computer equipment

-

25% on cost



Stocks and work in progress


Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes direct materials and labour costs and also those overheads that have been incurred in bringing the stock to its present location and condition. Net realisable value represents sales value less appropriate selling expenses.




Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


PREMIER INSTALLATION M/CR LIMITED (REGISTERED NUMBER: 03183374)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2023



2.

ACCOUNTING POLICIES - continued


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.


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 9 (2022 - 10 ) .


4.

TANGIBLE FIXED ASSETS


Fixtures



Plant and


and


Motor


Computer



machinery


fittings


vehicles


equipment


Totals

£   

£   

£   

£   

£   



COST


At 1 December 2022

91,374


8,596


42,027


19,573


161,570




Additions

2,450


-


-


593


3,043




At 30 November 2023

93,824


8,596


42,027


20,166


164,613




DEPRECIATION


At 1 December 2022

82,021


7,303


27,073


17,586


133,983




Charge for year

2,608


129


3,739


668


7,144




At 30 November 2023

84,629


7,432


30,812


18,254


141,127




NET BOOK VALUE


At 30 November 2023

9,195


1,164


11,215


1,912


23,486




At 30 November 2022

9,353


1,293


14,954


1,987


27,587




5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Trade debtors

265,600


81,432




Other debtors

17,118


11,107



282,718


92,539




PREMIER INSTALLATION M/CR LIMITED (REGISTERED NUMBER: 03183374)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2023



6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Trade creditors

51,302


44,074




Taxation and social security

74,430


45,913




Other creditors

16,379


10,393



142,111


100,380




7.

LEASING AGREEMENTS



Minimum lease payments under non-cancellable operating leases fall due as follows:

2023

2022


£   

£   



Within one year

25,152


25,152




Between one and five years

100,076


100,532




In more than five years

-


8,333



125,228


134,017




8.

RESERVES


Capital



Retained


redemption



earnings


reserve


Totals

£   

£   

£   




At 1 December 2022

444,266


300


444,566




Profit for the year

98,052


-


98,052




Dividends

(94,275

)

-


(94,275

)



At 30 November 2023

448,043


300


448,343