2023-03-01 2023-11-30 false No description of principal activity Capium Accounts Production 1.1 14697719 bus:FullAccounts 2023-03-01 2023-11-30 14697719 bus:Micro-entities 2023-03-01 2023-11-30 14697719 bus:AuditExemptWithAccountantsReport 2023-03-01 2023-11-30 14697719 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2023-11-30 14697719 bus:PrivateLimitedCompanyLtd 2023-03-01 2023-11-30 14697719 2023-03-01 2023-11-30 14697719 2023-11-30 14697719 bus:RegisteredOffice 2023-03-01 2023-11-30 14697719 core:WithinOneYear 2023-11-30 14697719 core:AfterOneYear 2023-11-30 14697719 bus:Director1 2023-03-01 2023-11-30 14697719 bus:Director1 2023-11-30 14697719 bus:Director2 2023-03-01 2023-11-30 14697719 bus:Director2 2023-11-30 14697719 2022-03-01 14697719 bus:CompanySecretary1 2023-03-01 2023-11-30 14697719 bus:LeadAgentIfApplicable 2023-03-01 2023-11-30 14697719 2023-02-28 14697719 core:LandBuildings 2023-03-01 2023-11-30 14697719 core:LandBuildings 2023-11-30 14697719 core:LandBuildings 2023-02-28 14697719 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-11-30 14697719 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 14697719 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 14697719 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 14697719 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-11-30 14697719 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 14697719 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 14697719 core:Non-currentFinancialInstruments 2023-11-30 14697719 core:Non-currentFinancialInstruments 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 14697719
England and Wales

 

 

 


Unaudited Financial Statements

for the period ended 30 November 2023

for

PREM HOLDINGS LTD

Directors Emms Neil
Benjamin Prior
Registered Number 14697719
Registered Office 29 Eastern Way
Bury St Edmunds
IP32 7AB
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
1
  2023
    £ £
Called up share capital not paid   100 
Fixed assets   951,336 
Current assets 2,133   
Prepayments and accrued income 297   
Creditors: amount falling due within one year (775)  
Net current assets   1,655 
Total assets less current liabilities   953,091 
Creditors: amount falling due after more than one year   (956,598)
Net assets   (3,507)
 

     
Capital and reserves   (3,507)
 
NOTES TO THE ACCOUNTS

General Information
Prem Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 14697719, registration address 29 Eastern Way, Bury St Edmunds, IP32 7AB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Operating lease rentals
Rentals payable or receivable under operating leases are charged or credited against income on a straight line basis over the lease term.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the period was 2.

3.

Related parties

During the year the company entered into the following transactions with related parties:
Amount due from/to related party Provision for doubtful debt from the related party
2023
£
2023
£
Stuff4 Ltd(302,000)

The company has received an interest free loan from Stuff4 Ltd in the period.

For the period ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 09 April 2024 and were signed on its behalf by:


--------------------------------
Emms Neil
Director
2