IRIS Accounts Production v24.1.9.2 14801542 Board of Directors 14.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 Preference 1.00000 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh148015422023-04-13148015422024-03-31148015422023-04-142024-03-31148015422023-04-1314801542ns15:EnglandWales2023-04-142024-03-3114801542ns14:PoundSterling2023-04-142024-03-3114801542ns10:Director12023-04-142024-03-3114801542ns10:PrivateLimitedCompanyLtd2023-04-142024-03-3114801542ns10:SmallEntities2023-04-142024-03-3114801542ns10:AuditExempt-NoAccountantsReport2023-04-142024-03-3114801542ns10:SmallCompaniesRegimeForDirectorsReport2023-04-142024-03-3114801542ns10:SmallCompaniesRegimeForAccounts2023-04-142024-03-3114801542ns10:AbridgedAccounts2023-04-142024-03-3114801542ns10:OrdinaryShareClass12023-04-142024-03-3114801542ns10:OrdinaryShareClass22023-04-142024-03-3114801542ns10:OrdinaryShareClass112023-04-142024-03-31148015422ns10:OrdinaryShareClass22023-04-142024-03-3114801542ns10:Director22023-04-142024-03-3114801542ns10:Director32023-04-142024-03-3114801542ns10:Director42023-04-142024-03-3114801542ns10:RegisteredOffice2023-04-142024-03-3114801542ns5:CurrentFinancialInstruments2024-03-3114801542ns5:ShareCapital2024-03-3114801542ns10:OrdinaryShareClass12024-03-3114801542ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 14801542 (England and Wales)













Unaudited Financial Statements

for the period

14 April 2023 to 31 March 2024

for

Premier Environmental Holdings Ltd

Premier Environmental Holdings Ltd (Registered number: 14801542)






Contents of the Financial Statements
for the period 14 April 2023 to 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Premier Environmental Holdings Ltd

Company Information
for the period 14 April 2023 to 31 March 2024







DIRECTORS: A Glover
Miss A C Glover
D Hills
Mrs D L Glover





REGISTERED OFFICE: 22 - 28 Willow Street
Accrington
Lancashire
BB5 1LP





BUSINESS ADDRESS: 40 Sherbourne Road
Accrington
Lancashire
BB5 2TW





REGISTERED NUMBER: 14801542 (England and Wales)





ACCOUNTANTS: Mayes Business Partnership Ltd
Chartered Certified Accountants
22-28 Willow Street
Accrington
Lancashire
BB5 1LP

Premier Environmental Holdings Ltd (Registered number: 14801542)

Abridged Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Investments 4 494,366

CURRENT ASSETS
Cash at bank and in hand 54,700

CREDITORS
Amounts falling due within one year 218,986
NET CURRENT LIABILITIES (164,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,080

CAPITAL AND RESERVES
Called up share capital 5 330,080
SHAREHOLDERS' FUNDS 330,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





Miss A C Glover - Director


Premier Environmental Holdings Ltd (Registered number: 14801542)

Notes to the Financial Statements
for the period 14 April 2023 to 31 March 2024

1. STATUTORY INFORMATION

Premier Environmental Holdings Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Premier Environmental Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial assets, including trade and other receivables, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

Premier Environmental Holdings Ltd (Registered number: 14801542)

Notes to the Financial Statements - continued
for the period 14 April 2023 to 31 March 2024

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
Additions 494,466
Disposals (100 )
At 31 March 2024 494,366
NET BOOK VALUE
At 31 March 2024 494,366

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100
329,980 Preference £1 329,980
330,080

The following shares were issued during the period for cash at par :

100 Ordinary shares of £1
329,980 Preference shares of £1

The redeemable preference shares carry preferential dividend right, are non voting and have no rights to return of capital. There is no fixed date of redemption.