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REGISTERED NUMBER: 08174726 (England and Wales)
















































Financial Statements

for the Year Ended 31 August 2024

for

Premier Form Tools Limited

Premier Form Tools Limited (Registered number: 08174726)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Premier Form Tools Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: R E Hand
R A Sprules





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 08174726 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Premier Form Tools Limited (Registered number: 08174726)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,777 2,318
Tangible assets 5 206,070 236,526
207,847 238,844

CURRENT ASSETS
Stocks 177,163 174,917
Debtors 6 276,514 285,037
Cash at bank 235,282 87,701
688,959 547,655
CREDITORS
Amounts falling due within one year 7 240,684 213,020
NET CURRENT ASSETS 448,275 334,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

656,122

573,479

PROVISIONS FOR LIABILITIES 48,727 55,728
NET ASSETS 607,395 517,751

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 607,275 517,631
SHAREHOLDERS' FUNDS 607,395 517,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Form Tools Limited (Registered number: 08174726)

Balance Sheet - continued
31 August 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 Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:




R E Hand - Director



R A Sprules - Director


Premier Form Tools Limited (Registered number: 08174726)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Premier Form Tools 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.

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.

Website development is being amortised evenly over its estimated useful life of ten years.

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 etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

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 9 (2023 - 10 ) .

Premier Form Tools Limited (Registered number: 08174726)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 5,597
AMORTISATION
At 1 September 2023 3,279
Charge for year 541
At 31 August 2024 3,820
NET BOOK VALUE
At 31 August 2024 1,777
At 31 August 2023 2,318

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 643,940
Additions 6,686
At 31 August 2024 650,626
DEPRECIATION
At 1 September 2023 407,414
Charge for year 37,142
At 31 August 2024 444,556
NET BOOK VALUE
At 31 August 2024 206,070
At 31 August 2023 236,526

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 202,796 212,560
Other debtors 73,718 72,477
276,514 285,037

Premier Form Tools Limited (Registered number: 08174726)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 63,985 69,781
Other creditors 176,699 143,239
240,684 213,020