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Company Registration No. 04944914 (England and Wales)
Premier Accounts & Consultancy Limited Unaudited accounts for the year ended 31 October 2024
Premier Accounts & Consultancy Limited Unaudited accounts Contents
Page
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Premier Accounts & Consultancy Limited Company Information for the year ended 31 October 2024
Director
Chris Williams
Company Number
04944914 (England and Wales)
Registered Office
76 Gloucester Road Urmston Manchester M41 9AE UK
Accountants
Premier Accounts & Consultancy Ltd 76 Gloucester Road Urmston Manchester M41 9AE
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Premier Accounts & Consultancy Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,637 
4,835 
Current assets
Inventories
8,000 
- 
Debtors
34,263 
46,279 
Cash at bank and in hand
(687)
(3,973)
41,576 
42,306 
Creditors: amounts falling due within one year
(42,336)
(43,317)
Net current liabilities
(760)
(1,011)
Net assets
2,877 
3,824 
Capital and reserves
Called up share capital
160 
160 
Profit and loss account
2,717 
3,664 
Shareholders' funds
2,877 
3,824 
For the year ending 31 October 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 30 January 2025 and were signed on its behalf by
Chris Williams Director Company Registration No. 04944914
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Premier Accounts & Consultancy Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Premier Accounts & Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 04944914. The registered office is 76 Gloucester Road, Urmston, Manchester, M41 9AE, UK.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
3,905 
12,776 
16,681 
Disposals
(2,080)
(720)
(2,800)
At 31 October 2024
1,825 
12,056 
13,881 
Depreciation
At 1 November 2023
3,466 
8,380 
11,846 
Charge for the year
92 
976 
1,068 
On disposals
(2,009)
(661)
(2,670)
At 31 October 2024
1,549 
8,695 
10,244 
Net book value
At 31 October 2024
276 
3,361 
3,637 
At 31 October 2023
439 
4,396 
4,835 
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Premier Accounts & Consultancy Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,592 
17,025 
Other debtors
19,671 
29,254 
34,263 
46,279 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,522 
21,909 
VAT
7,014 
10,378 
Trade creditors
8,357 
898 
Taxes and social security
10,265 
9,311 
Other creditors
178 
174 
Loans from directors
- 
647 
42,336 
43,317 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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