Company registration number 12452338 (England and Wales)
PREMIER FLOORING (BLACKBURN) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
PREMIER FLOORING (BLACKBURN) LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PREMIER FLOORING (BLACKBURN) LTD
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
24,504
4,181
Cash at bank and in hand
1,044
33,900
25,548
38,081
Creditors: amounts falling due within one year
4
(11,530)
(11,500)
Net current assets
14,018
26,581
Creditors: amounts falling due after more than one year
5
(15,000)
(24,167)
Net (liabilities)/assets
(982)
2,414
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
(983)
2,413
Total equity
(982)
2,414
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 20 September 2024
Mr A Rafiq
Director
Company Registration No. 12452338
PREMIER FLOORING (BLACKBURN) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information
Premier Flooring (Blackburn) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Mentor House, Ainsworth Street, Blackburn, Lancashire, BB1 6AY.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Corporation tax recoverable
4,181
Other debtors
24,504
24,504
4,181
Other debtors comprises amounts owed by connected companies.
PREMIER FLOORING (BLACKBURN) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
4
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
10,000
10,000
Accruals and deferred income
1,530
1,500
11,530
11,500
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans
15,000
24,167
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
7
Related party transactions
During the year, the company has occupied a rent free property from one of its connected companies, Berry Property Investments Limited.