Acorah Software Products - Accounts Production 15.0.600 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 02828214 Mr Chrys Chrysostomou Mrs Nicola Kent Mr C E Chrysostomou Drmg House, Cremers Road, Sittingbourne, England, ME10 3US true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02828214 2023-02-28 02828214 2024-02-29 02828214 2023-03-01 2024-02-29 02828214 frs-core:CurrentFinancialInstruments 2024-02-29 02828214 frs-core:RevaluationReserve 2023-02-28 02828214 frs-core:RevaluationReserve 2024-02-29 02828214 frs-core:ShareCapital 2024-02-29 02828214 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 02828214 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 02828214 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 02828214 frs-bus:SmallEntities 2023-03-01 2024-02-29 02828214 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 02828214 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 02828214 1 2023-03-01 2024-02-29 02828214 frs-bus:Director1 2023-03-01 2024-02-29 02828214 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 02828214 frs-countries:EnglandWales 2023-03-01 2024-02-29 02828214 2022-02-28 02828214 2023-02-28 02828214 2022-03-01 2023-02-28 02828214 frs-core:CurrentFinancialInstruments 2023-02-28 02828214 frs-core:RevaluationReserve 2023-02-28 02828214 frs-core:ShareCapital 2023-02-28 02828214 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 02828214
Premier Offers Direct Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 02828214
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 7,586 15,472
Cash at bank and in hand 49,299 63,288
56,885 78,760
Creditors: Amounts Falling Due Within One Year 5 (99,802 ) (118,241 )
NET CURRENT ASSETS (LIABILITIES) (42,917 ) (39,481 )
TOTAL ASSETS LESS CURRENT LIABILITIES (42,917 ) (39,481 )
NET LIABILITIES (42,917 ) (39,481 )
CAPITAL AND RESERVES
Called up share capital 6 2,344 2,344
Revaluation reserve 7 781 781
Profit and Loss Account (46,042 ) (42,606 )
SHAREHOLDERS' FUNDS (42,917) (39,481)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Chrys Chrysostomou
Director
24/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Premier Offers Direct Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02828214 . The registered office is Drmg House, Cremers Road, Sittingbourne, ME10 3US.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,125 1,121
Other debtors 6,461 14,351
7,586 15,472
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 62,739
VAT 2,446 -
Other creditors 45,510 5,516
Accruals and deferred income 1,860 -
Amounts owed to group undertakings 49,986 49,986
99,802 118,241
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,344 2,344
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Page 3
7. Reserves
Revaluation Reserve
£
As at 1 March 2023 781
As at 29 February 2024 781
8. Related Party Transactions
Included in Trade Creditors are amounts due to Direct Response Marketing Group Ltd of £1,836 and Direct Response Fulilment Ltd of £228, companies in which C E Chrysostomou has a controlling interest.
Direct Response Marketing Group LtdParent CompanyAmount owed to the parent company at the balance sheet date was £49,986 (2023: 49,986).

Direct Response Marketing Group Ltd

Parent Company

Amount owed to the parent company at the balance sheet date was £49,986 (2023: 49,986).

9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Direct Response Marketing Group Limited . Direct Response Marketing Group Limited was incorporated in England & Wales. Copies of the group accounts may be obtained from the secretary, Drmg House, Cremers Road, Sittingbourne, England, ME10 3US . The ultimate controlling party is Mr C E Chrysostomou who controls 100% of the shares of Premier Offers Direct Limited .
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