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Company Registration No. 08909968 (England and Wales)
Premier Tyre Services (UK) Limited Unaudited accounts for the year ended 29 February 2024
Premier Tyre Services (UK) Limited Unaudited accounts Contents
Page
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Premier Tyre Services (UK) Limited Company Information for the year ended 29 February 2024
Director
Mr. L. Madden
Company Number
08909968 (England and Wales)
Registered Office
507 UPPER BRENTWOOD ROAD GIDEA PARK ROMFORD ESSEX RM2 6LD
Accountants
Confidential Accounting Management Limited 88 Corbets Tey Road Upminster Essex RM14 2BA
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Premier Tyre Services (UK) Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,770 
22,590 
Current assets
Debtors
2,200 
2,200 
Cash at bank and in hand
4,987 
28,975 
7,187 
31,175 
Creditors: amounts falling due within one year
(3,009)
(4,470)
Net current assets
4,178 
26,705 
Net assets
35,948 
49,295 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
35,947 
49,294 
Shareholders' funds
35,948 
49,295 
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 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 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 and authorised for issue on 14 November 2024 and were signed on its behalf by
Mr. L. Madden Director Company Registration No. 08909968
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Premier Tyre Services (UK) Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Premier Tyre Services (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 08909968. The registered office is 507 UPPER BRENTWOOD ROAD, GIDEA PARK, ROMFORD, ESSEX, RM2 6LD.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Plant & machinery
18% Reducing Balance
Motor vehicles
18% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
24,654 
17,900 
42,554 
Additions
642 
15,000 
15,642 
At 29 February 2024
25,296 
32,900 
58,196 
Depreciation
At 1 March 2023
17,279 
2,685 
19,964 
Charge for the year
3,240 
3,222 
6,462 
At 29 February 2024
20,519 
5,907 
26,426 
Net book value
At 29 February 2024
4,777 
26,993 
31,770 
At 28 February 2023
7,375 
15,215 
22,590 
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Premier Tyre Services (UK) Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,100 
2,100 
Other debtors
100 
100 
2,200 
2,200 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
723 
437 
Taxes and social security
1,786 
3,533 
Accruals
500 
500 
3,009 
4,470 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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