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Company Registration No. 13108469 (England and Wales)
Premium Blinds And Shutters Limited Unaudited accounts for the year ended 31 January 2024
Premium Blinds And Shutters Limited Unaudited accounts Contents
Page
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Premium Blinds And Shutters Limited Company Information for the year ended 31 January 2024
Directors
Allan Hall Simon Hall
Company Number
13108469 (England and Wales)
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Premium Blinds And Shutters Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
141,441 
158,002 
Current assets
Inventories
4,200 
7,540 
Cash at bank and in hand
21,717 
4,327 
25,917 
11,867 
Creditors: amounts falling due within one year
(327,188)
(240,080)
Net current liabilities
(301,271)
(228,213)
Total assets less current liabilities
(159,830)
(70,211)
Creditors: amounts falling due after more than one year
(114,245)
- 
Net liabilities
(274,075)
(70,211)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(274,175)
(70,311)
Shareholders' funds
(274,075)
(70,211)
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 January 2024 and were signed on its behalf by
Simon Hall Director Company Registration No. 13108469
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Premium Blinds And Shutters Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Premium Blinds And Shutters Limited is a private company, limited by shares, registered in England and Wales, registration number 13108469.
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:
Plant & machinery
20% reducing balance
Motor vehicles
10% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
11,554 
177,711 
189,265 
At 31 January 2024
11,554 
177,711 
189,265 
Depreciation
At 1 February 2023
3,951 
27,312 
31,263 
Charge for the year
1,521 
15,040 
16,561 
At 31 January 2024
5,472 
42,352 
47,824 
Net book value
At 31 January 2024
6,082 
135,359 
141,441 
At 31 January 2023
7,603 
150,399 
158,002 
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Premium Blinds And Shutters Limited Notes to the Accounts for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
716 
21,412 
Trade creditors
43,117 
19,021 
Other creditors
1,800 
84,456 
Loans from directors
280,555 
112,791 
Accruals
1,000 
2,400 
327,188 
240,080 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
114,245 
- 
7
Transactions with related parties
Company owes Director £210,244 as at 31 January 2024 . No Interest has been charged.
8
Average number of employees
During the year the average number of employees was 2 (2023: 10).
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