IRIS Accounts Production v24.2.0.383 09370417 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093704172022-12-31093704172023-12-31093704172023-01-012023-12-31093704172021-12-31093704172022-01-012022-12-31093704172022-12-3109370417ns15:EnglandWales2023-01-012023-12-3109370417ns14:PoundSterling2023-01-012023-12-3109370417ns10:Director12023-01-012023-12-3109370417ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109370417ns10:SmallEntities2023-01-012023-12-3109370417ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3109370417ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109370417ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109370417ns10:FullAccounts2023-01-012023-12-3109370417ns10:OrdinaryShareClass12023-01-012023-12-3109370417ns10:RegisteredOffice2023-01-012023-12-3109370417ns5:CurrentFinancialInstruments2023-12-3109370417ns5:CurrentFinancialInstruments2022-12-3109370417ns5:Non-currentFinancialInstruments2023-12-3109370417ns5:Non-currentFinancialInstruments2022-12-3109370417ns5:ShareCapital2023-12-3109370417ns5:ShareCapital2022-12-3109370417ns5:RetainedEarningsAccumulatedLosses2023-12-3109370417ns5:RetainedEarningsAccumulatedLosses2022-12-3109370417ns5:ComputerEquipment2022-12-3109370417ns5:ComputerEquipment2023-01-012023-12-3109370417ns5:ComputerEquipment2023-12-3109370417ns5:ComputerEquipment2022-12-3109370417ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3109370417ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3109370417ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 09370417 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

PREMIUM FACILITIES LTD

PREMIUM FACILITIES LTD (REGISTERED NUMBER: 09370417)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


PREMIUM FACILITIES LTD

Company Information
for the year ended 31 December 2023







Director: A Flanagan





Registered office: 44 Hardinge Crescent
Woolwich
London
SE18 6TB





Registered number: 09370417 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Premium Facilities Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Premium Facilities Ltd for the year ended 31 December 2023 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Premium Facilities Ltd in accordance with the terms of our engagement letter dated 15 January 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Premium Facilities Ltd and state those matters that we have agreed to state to the director of Premium Facilities Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Premium Facilities Ltd and its director for our work or for this report.

It is your duty to ensure that Premium Facilities Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Premium Facilities Ltd. You consider that Premium Facilities Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Premium Facilities Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA


25 September 2024

PREMIUM FACILITIES LTD (REGISTERED NUMBER: 09370417)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 104 254

Current assets
Debtors 5 1,500 -
Cash at bank 12,586 7,499
14,086 7,499
Creditors
Amounts falling due within one year 6 13,950 6,734
Net current assets 136 765
Total assets less current liabilities 240 1,019

Creditors
Amounts falling due after more than one
year

7

-

1,931
Net assets/(liabilities) 240 (912 )

Capital and reserves
Called up share capital 8 2 2
Retained earnings 238 (914 )
Shareholders' funds 240 (912 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PREMIUM FACILITIES LTD (REGISTERED NUMBER: 09370417)

Statement of Financial Position - continued
31 December 2023


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

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

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





A Flanagan - Director


PREMIUM FACILITIES LTD (REGISTERED NUMBER: 09370417)

Notes to the Financial Statements
for the year ended 31 December 2023


1. Statutory information

Premium Facilities 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

PREMIUM FACILITIES LTD (REGISTERED NUMBER: 09370417)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


4. Tangible fixed assets
Computer
equipment
£   
Cost
At 1 January 2023
and 31 December 2023 453
Depreciation
At 1 January 2023 199
Charge for year 150
At 31 December 2023 349
Net book value
At 31 December 2023 104
At 31 December 2022 254

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 1,500 -

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 2,197 2,485
Taxation and social security 1,519 -
Other creditors 10,234 4,249
13,950 6,734

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans - 1,931

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 2 2