Registered number
06841906
PREMIER BUILDING PRODUCTS (ANGLIA) LTD
Unaudited Filleted Accounts
31 March 2024
PREMIER BUILDING PRODUCTS (ANGLIA) LTD
Registered number: 06841906
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 46,372 686
Current assets
Stocks 459,768 483,995
Debtors 4 931,782 715,298
Cash at bank and in hand 542,330 844,248
1,933,880 2,043,541
Creditors: amounts falling due within one year 5 (441,557) (798,028)
Net current assets 1,492,323 1,245,513
Net assets 1,538,695 1,246,199
Capital and reserves
Called up share capital 90 90
Profit and loss account 1,538,605 1,246,109
Shareholders' funds 1,538,695 1,246,199
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R W Clarke R M Shadforth
Director
Approved by the board on 17 September 2024
PREMIER BUILDING PRODUCTS (ANGLIA) LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, less accumulated depreciation, of each asset over its expected useful life, as follows:
Plant and machinery 20 - 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 4
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2023 5,027 - 5,027
Additions 4,892 55,910 60,802
At 31 March 2024 9,919 55,910 65,829
Depreciation
At 1 April 2023 4,341 - 4,341
Charge for the year 1,138 13,978 15,116
At 31 March 2024 5,479 13,978 19,457
Net book value
At 31 March 2024 4,440 41,932 46,372
At 31 March 2023 686 - 686
4 Debtors 2024 2023
£ £
Trade debtors 459,048 686,002
Amounts owed by group undertakings and undertakings in which the company has a participating interest 291,686 -
Other debtors 181,048 29,296
931,782 715,298
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 331,837 516,309
Amounts owed to group undertakings and undertakings in which the company has a participating interest - 13,882
Taxation and social security costs 82,618 264,934
Other creditors 27,102 2,903
441,557 798,028
6 Other financial commitments 2024 2023
£ £
Total future minimum payments under non-cancellable operating leases 6,000 6,000
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
D A Williams
Interest free loan with no repayment terms - 159,121 - 159,121
- 159,121 - 159,121
8 Controlling party
At 31 March 2024 the parent undertaking was 2R Investments Limited, a company registered in England and Wales and there was no controlling party.

On 1 May 2024 2R Investments Limited became a wholly owned subsidiary of Corp Bidco 241 Limited, a company registered in England and Wales.

The ultimate parent company is Orange UK Holdings Limited, registered in England and Wales at CorpAcq House, 1 Goose Green, Altrincham, Cheshire, WA14 1DW.

The smallest group in which the result of the company will be consolidated is that headed by CorpAcq Limited. The largest group in which the result of the company wil be consolidated is that headed by Orange UK Holdings Limited. The consolidated financial statements of both are available to the public and may be obtained from CorpAcq Limited at CorpAcq House, 1 Goose Green, Altrincham, Cheshire, WA14 1DW.

The directors consider that by virtue of his shareholding in the ultimate parent company, the ultimate controlling party is Mr S Orange.
9 Other information
PREMIER BUILDING PRODUCTS (ANGLIA) LTD is a private company limited by shares and incorporated in England. Its registered office is:
The Gate House
Fernhurst Business Park
Fernhurst, Haslemere
Surrey
GU27 3HB
The company's place of business is Newton Hall, Newton, Cambridge CB22 7ZE.
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