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REGISTERED NUMBER: 06288033 (England and Wales)















Unaudited Financial Statements

for the Period 26 February 2023 to 2 March 2024

for

PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED

PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED (Registered number: 06288033)






Contents of the Financial Statements
for the Period 26 February 2023 to 2 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED

Company Information
for the Period 26 February 2023 to 2 March 2024







DIRECTORS: J Belanger
M Noel
H Ouellet
N Pope





SECRETARY: M Noel





REGISTERED OFFICE: 2 Whitehouse Way
South West Industrial Estate
Peterlee
Counry Durham
SR8 2RA





REGISTERED NUMBER: 06288033 (England and Wales)





ACCOUNTANTS: WITNEY & CO LTD
Ground Floor
39 Guildford Road
Lightwater
Surrey
GU18 5SA

PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED (Registered number: 06288033)

Abridged Balance Sheet
2 March 2024

2.3.24 25.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,372 49,821

CURRENT ASSETS
Stocks 23,585 14,954
Debtors 181,015 356,827
Cash at bank 88,440 660,768
293,040 1,032,549
CREDITORS
Amounts falling due within one year 373,991 859,260
NET CURRENT (LIABILITIES)/ASSETS (80,951 ) 173,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,421

223,110

CREDITORS
Amounts falling due after more than one
year

-

(39,708

)

PROVISIONS FOR LIABILITIES (23,343 ) (9,466 )
NET (LIABILITIES)/ASSETS (10,922 ) 173,936

CAPITAL AND RESERVES
Called up share capital 308 308
Retained earnings (11,230 ) 173,628
SHAREHOLDERS' FUNDS (10,922 ) 173,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 2 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 2 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED (Registered number: 06288033)

Abridged Balance Sheet - continued
2 March 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 2 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by:




M Noel - Director N Pope - Director




J Belanger - Director


PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED (Registered number: 06288033)

Notes to the Financial Statements
for the Period 26 February 2023 to 2 March 2024

1. STATUTORY INFORMATION

PREMIER TECH WATER AND ENVIRONMENT SOLUTIONS LIMITED 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.

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.

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.
Plant and machinery - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 (2023 - 8 ) .

PREMIER TECH WATER AND ENVIRONMENT
SOLUTIONS LIMITED (Registered number: 06288033)

Notes to the Financial Statements - continued
for the Period 26 February 2023 to 2 March 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 26 February 2023 171,893
Additions 69,540
Disposals (22,221 )
At 2 March 2024 219,212
DEPRECIATION
At 26 February 2023 122,072
Charge for period 25,302
Eliminated on disposal (21,534 )
At 2 March 2024 125,840
NET BOOK VALUE
At 2 March 2024 93,372
At 25 February 2023 49,821

5. RELATED PARTY DISCLOSURES

Management fees for salaries and other costs were charged by Premier Tech Water and Environment Limited to Premier Tech Water and Environment Solutions Limited of £400,349 in the financial period (last year £126,832). At 2 March 2024 £100,053 was outstanding and paid after the year end.

The controlling party is Premier Tech Water and Environment Limited.

The ultimate controlling party is Premier Tech Water and Environment Limited.