Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11184499 Mr Buder Shah Mr Kassar Shah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11184499 2023-02-28 11184499 2024-02-29 11184499 2023-03-01 2024-02-29 11184499 frs-core:CurrentFinancialInstruments 2024-02-29 11184499 frs-core:Non-currentFinancialInstruments 2024-02-29 11184499 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 11184499 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 11184499 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 11184499 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 11184499 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 11184499 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 11184499 frs-core:ShareCapital 2024-02-29 11184499 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11184499 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11184499 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11184499 frs-bus:SmallEntities 2023-03-01 2024-02-29 11184499 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11184499 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11184499 frs-bus:Director1 2023-03-01 2024-02-29 11184499 frs-bus:Director2 2023-03-01 2024-02-29 11184499 frs-core:CurrentFinancialInstruments 1 2024-02-29 11184499 frs-countries:EnglandWales 2023-03-01 2024-02-29 11184499 2022-02-28 11184499 2023-02-28 11184499 2022-03-01 2023-02-28 11184499 frs-core:CurrentFinancialInstruments 2023-02-28 11184499 frs-core:Non-currentFinancialInstruments 2023-02-28 11184499 frs-core:ShareCapital 2023-02-28 11184499 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 11184499 frs-core:CurrentFinancialInstruments 1 2023-02-28
Registered number: 11184499
Premier Land & Property Holdings Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
D Wilson & Co
21 Charnwood Avenue
Denton
Manchester
M34 2WY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11184499
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,373,753 667,000
1,373,753 667,000
CURRENT ASSETS
Cash at bank and in hand 3,966 1,983
3,966 1,983
Creditors: Amounts Falling Due Within One Year 5 (451,930 ) (227,429 )
NET CURRENT ASSETS (LIABILITIES) (447,964 ) (225,446 )
TOTAL ASSETS LESS CURRENT LIABILITIES 925,789 441,554
Creditors: Amounts Falling Due After More Than One Year 6 (993,160 ) (473,350 )
NET LIABILITIES (67,371 ) (31,796 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (67,372 ) (31,797 )
SHAREHOLDERS' FUNDS (67,371) (31,796)
Page 1
Page 2
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 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.
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 Buder Shah
Director
16 April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Premier Land & Property Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11184499 . The registered office is 363 Beechwood Road, Luton, England, LU4 9RG.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2.5%
Leasehold 2.5%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Land & Property
Freehold Leasehold Total
£ £ £
Cost
As at 1 March 2023 667,000 - 667,000
Additions 367,450 367,000 734,450
As at 29 February 2024 1,034,450 367,000 1,401,450
Depreciation
As at 1 March 2023 - - -
Provided during the period 24,639 3,058 27,697
As at 29 February 2024 24,639 3,058 27,697
Net Book Value
As at 29 February 2024 1,009,811 363,942 1,373,753
As at 1 March 2023 667,000 - 667,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 (1 )
Other creditors (1) 500 500
Accruals and deferred income 760 360
Directors' loan accounts 450,669 226,570
451,930 227,429
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Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 993,160 473,350
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4