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REGISTERED NUMBER: 03048884












Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Premier Computer Support Limited

Premier Computer Support Limited (Registered number: 03048884)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Premier Computer Support Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: G Stokes





REGISTERED OFFICE: 10 - 16 Tiller Road
Docklands
London
E14 8PX





REGISTERED NUMBER: 03048884





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

Premier Computer Support Limited (Registered number: 03048884)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,258 11,009
8,258 11,009

CURRENT ASSETS
Stocks 6,156 5,210
Debtors 6 71,384 68,009
Cash at bank and in hand 24,462 23,672
102,002 96,891
CREDITORS
Amounts falling due within one year 7 62,843 52,565
NET CURRENT ASSETS 39,159 44,326
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,417

55,335

CREDITORS
Amounts falling due after more than one year 8 17,025 20,545
NET ASSETS 30,392 34,790

CAPITAL AND RESERVES
Called up share capital 101 101
Share premium 30,000 30,000
Retained earnings 291 4,689
SHAREHOLDERS' FUNDS 30,392 34,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Premier Computer Support Limited (Registered number: 03048884)

Statement of Financial Position - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





G Stokes - Director


Premier Computer Support Limited (Registered number: 03048884)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Premier Computer Support Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Premier Computer Support Limited (Registered number: 03048884)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 54,000
AMORTISATION
At 1 May 2023
and 30 April 2024 54,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

Premier Computer Support Limited (Registered number: 03048884)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 83,381 8,520 66,700 158,601
DEPRECIATION
At 1 May 2023 72,632 8,394 66,566 147,592
Charge for year 2,687 31 33 2,751
At 30 April 2024 75,319 8,425 66,599 150,343
NET BOOK VALUE
At 30 April 2024 8,062 95 101 8,258
At 30 April 2023 10,749 126 134 11,009

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 41,916 48,813
Other debtors 29,468 19,196
71,384 68,009

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 20,496 15,979
Trade creditors 12,848 19,293
Taxation and social security 25,599 12,896
Other creditors 3,900 4,397
62,843 52,565

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 17,025 20,545