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Company Registration No. 09891121 (England and Wales)
Premier Payment Solutions Ltd Unaudited accounts for the period from 1 December 2022 to 30 April 2024
Premier Payment Solutions Ltd Unaudited accounts Contents
Page
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Premier Payment Solutions Ltd Company Information for the period from 1 December 2022 to 30 April 2024
Directors
Musa Jammeh Taimoor Iqbal
Company Number
09891121 (England and Wales)
Registered Office
30 Churchill Place Canary Wharf London E14 5RE United Kingdom
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Premier Payment Solutions Ltd Statement of financial position as at 30 April 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
326,095 
22,809 
Current assets
Debtors
26,196 
- 
Cash at bank and in hand
301,236 
737,418 
327,432 
737,418 
Creditors: amounts falling due within one year
(507,408)
(745,947)
Net current liabilities
(179,976)
(8,529)
Net assets
146,119 
14,280 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
146,117 
14,278 
Shareholders' funds
146,119 
14,280 
For the period ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2024 and were signed on its behalf by
Musa Jammeh Director Company Registration No. 09891121
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Premier Payment Solutions Ltd Notes to the Accounts for the period from 1 December 2022 to 30 April 2024
1
Statutory information
Premier Payment Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09891121. The registered office is 30 Churchill Place, Canary Wharf, London, E14 5RE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2022
28,511 
Additions
324,284 
At 30 April 2024
352,795 
Amortisation
At 1 December 2022
5,702 
Charge for the period
20,998 
At 30 April 2024
26,700 
Net book value
At 30 April 2024
326,095 
At 30 November 2022
22,809 
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,196 
- 
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Premier Payment Solutions Ltd Notes to the Accounts for the period from 1 December 2022 to 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Trade creditors
499,121 
741,260 
Taxes and social security
8,287 
4,687 
507,408 
745,947 
7
Share capital
2024 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the period the average number of employees was 3 (2022: 23).
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