1 June 2023 false No description of principal activity Taxfiler 2024.6.1 05094315business:PrivateLimitedCompanyLtd2023-06-012024-05-31 050943152023-05-31 050943152023-06-012024-05-31 05094315business:AuditExemptWithAccountantsReport2023-06-012024-05-31 05094315business:AbridgedAccounts2023-06-012024-05-31 050943152024-05-31 05094315business:Director12023-06-012024-05-31 05094315business:Director22023-06-012024-05-31 05094315business:CompanySecretary12023-06-012024-05-31 05094315business:RegisteredOffice2023-06-012024-05-31 050943152023-05-31 05094315core:WithinOneYear2024-05-31 05094315core:WithinOneYear2023-05-31 05094315core:AfterOneYear2024-05-31 05094315core:AfterOneYear2023-05-31 05094315core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 05094315core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 05094315core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 05094315core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 05094315core:PreviouslyStatedAmount2024-05-31 05094315core:PreviouslyStatedAmount2023-05-31 05094315business:SmallEntities2023-06-012024-05-31 05094315countries:EnglandWales2023-06-012024-05-31 05094315core:PlantMachinery2023-06-012024-05-31 05094315core:MotorVehicles2023-06-012024-05-31 05094315core:FurnitureFittings2023-06-012024-05-31 05094315core:ComputerEquipment2023-06-012024-05-31 05094315business:OrdinaryShareClass12023-06-012024-05-31 05094315business:OrdinaryShareClass12022-06-012023-05-31 050943152022-06-012023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05094315 (England and Wales)
Premier Tree Services Limited Unaudited Abridged Accounts for the year ended 31 May 2024
Premier Tree Services Limited Unaudited Abridged Accounts Contents
Page
- 2 -
Premier Tree Services Limited Company Information for the year ended 31 May 2024
Directors
Mr Stephen John Tomlin Miss Joanne Lackenby
Secretary
Mr Stephen John Tomlin
Company Number
05094315 (England and Wales)
Registered Office
Unit 8A Sea View Industrial Estate Peterlee SR8 4TQ
Accountants
Lyons Watson Accountants Business Central 2 Union Square Darlington Co Durham DL1 1GL
- 3 -
Premier Tree Services Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
499,655 
371,072 
Current assets
Inventories
7,113 
7,113 
Debtors
124,911 
167,020 
Cash at bank and in hand
762,179 
519,260 
894,203 
693,393 
Creditors: amounts falling due within one year
(222,118)
(132,074)
Net current assets
672,085 
561,319 
Total assets less current liabilities
1,171,740 
932,391 
Creditors: amounts falling due after more than one year
(176,976)
(116,545)
Net assets
994,764 
815,846 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
994,762 
815,844 
Shareholders' funds
994,764 
815,846 
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 January 2025 and were signed on its behalf by
Mr Stephen John Tomlin Director Company Registration No. 05094315
- 4 -
Premier Tree Services Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Premier Tree Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05094315. The registered office is Unit 8A, Sea View Industrial Estate, Peterlee, SR8 4TQ.
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% straight line
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
- 5 -
Premier Tree Services Limited Notes to the Accounts for the year ended 31 May 2024
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
1,064,856 
Additions
273,882 
Disposals
(84,495)
At 31 May 2024
1,254,243 
Depreciation
At 1 June 2023
693,784 
Charge for the year
112,578 
On disposals
(51,774)
At 31 May 2024
754,588 
Net book value
At 31 May 2024
499,655 
At 31 May 2023
371,072 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
6
Average number of employees
During the year the average number of employees was 15 (2023: 16).
- 6 -