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Company Registration No. SC353115 (Scotland)
Premier Properties Perth Limited Unaudited accounts for the year ended 31 January 2024
Premier Properties Perth Limited Unaudited accounts Contents
Page
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Premier Properties Perth Limited Company Information for the year ended 31 January 2024
Directors
A W Keddie K A R Hall
Company Number
SC353115 (Scotland)
Registered Office
45 KING STREET PERTH PH2 8JB SCOTLAND
Accountants
Fraser + Accountants 3 Barossa Place Perth Perthshire PH1 5HG
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Premier Properties Perth Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,914 
13,033 
Current assets
Debtors
136,994 
243,837 
Cash at bank and in hand
122,401 
77,503 
259,395 
321,340 
Creditors: amounts falling due within one year
(123,836)
(240,580)
Net current assets
135,559 
80,760 
Total assets less current liabilities
150,473 
93,793 
Creditors: amounts falling due after more than one year
(14,389)
(25,103)
Net assets
136,084 
68,690 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
135,984 
68,590 
Shareholders' funds
136,084 
68,690 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
K A R Hall Director Company Registration No. SC353115
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Premier Properties Perth Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Premier Properties Perth Limited is a private company, limited by shares, registered in Scotland, registration number SC353115. The registered office is 45 KING STREET, PERTH, PH2 8JB, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
- 
50,634 
15,760 
9,815 
76,209 
Additions
4,040 
- 
- 
4,007 
8,047 
At 31 January 2024
4,040 
50,634 
15,760 
13,822 
84,256 
Depreciation
At 1 February 2023
- 
39,717 
15,572 
7,887 
63,176 
Charge for the year
- 
3,772 
95 
2,299 
6,166 
At 31 January 2024
- 
43,489 
15,667 
10,186 
69,342 
Net book value
At 31 January 2024
4,040 
7,145 
93 
3,636 
14,914 
At 31 January 2023
- 
10,917 
188 
1,928 
13,033 
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Premier Properties Perth Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
74,188 
158,795 
Other debtors
62,806 
85,042 
136,994 
243,837 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,368 
8,368 
VAT
45,062 
54,447 
Trade creditors
4,530 
5,450 
Amounts owed to group undertakings and other participating interests
2,264 
107,264 
Taxes and social security
59,767 
59,219 
Other creditors
854 
1,878 
Loans from directors
(1,580)
454 
Accruals
4,571 
3,500 
123,836 
240,580 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,389 
25,103 
8
Loans to directors
The loans were repaid in full on 25 October 2021
9
Average number of employees
During the year the average number of employees was 13 (2023: 13).
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