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REGISTERED NUMBER: 08010480 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

PREMIER BUILDING ASSOCIATES LIMITED

PREMIER BUILDING ASSOCIATES LIMITED (REGISTERED NUMBER: 08010480)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PREMIER BUILDING ASSOCIATES LIMITED

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTOR: A W Nicol





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 08010480 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

PREMIER BUILDING ASSOCIATES LIMITED (REGISTERED NUMBER: 08010480)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,730 22,307

CURRENT ASSETS
Debtors 5 21,634 46,692
Cash at bank 15,733 7,669
37,367 54,361
CREDITORS
Amounts falling due within one year 6 41,090 54,730
NET CURRENT LIABILITIES (3,723 ) (369 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,007

21,938

CREDITORS
Amounts falling due after more than one
year

7

11,833

21,806
NET ASSETS 1,174 132

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 1,172 130
SHAREHOLDERS' FUNDS 1,174 132

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 BUILDING ASSOCIATES LIMITED (REGISTERED NUMBER: 08010480)

BALANCE SHEET - 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 31 January 2025 and were signed by:





A W Nicol - Director


PREMIER BUILDING ASSOCIATES LIMITED (REGISTERED NUMBER: 08010480)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Premier Building Associates Limited is a private company, limited by shares , registered in England and Wales. 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.

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

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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PREMIER BUILDING ASSOCIATES LIMITED (REGISTERED NUMBER: 08010480)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 3,403 47,531 120 51,054
DEPRECIATION
At 1 May 2023 2,766 25,861 120 28,747
Charge for year 159 5,418 - 5,577
At 30 April 2024 2,925 31,279 120 34,324
NET BOOK VALUE
At 30 April 2024 478 16,252 - 16,730
At 30 April 2023 637 21,670 - 22,307

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 11,689 27,821
Tax 9,945 18,871
21,634 46,692

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,761 10,478
Hire purchase contracts - 533
Trade creditors 1,612 6,207
Tax 6,811 2,003
VAT 18,596 15,904
Other creditors 708 708
Accruals and deferred income - 12,832
Accrued expenses 3,602 6,065
41,090 54,730

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 11,833 21,806

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1.00 2 2

PREMIER BUILDING ASSOCIATES LIMITED (REGISTERED NUMBER: 08010480)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
A W Nicol
Balance outstanding at start of year 27,821 43,435
Amounts advanced 32,686 25,739
Amounts repaid (48,818 ) (41,353 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,689 27,821