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REGISTERED NUMBER: 05665709 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Premier Trade Surfaces Limited

Premier Trade Surfaces Limited (Registered number: 05665709)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Premier Trade Surfaces Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: S Flude





SECRETARY: S Flude





REGISTERED OFFICE: 19 Warren Park Way
Enderby
Leicester
LE19 4SA





REGISTERED NUMBER: 05665709 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

Premier Trade Surfaces Limited (Registered number: 05665709)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 41,913 44,820
41,913 44,820

CURRENT ASSETS
Stocks 5,500 5,500
Debtors 6 8,135 11,017
Cash at bank 60,019 36,902
73,654 53,419
CREDITORS
Amounts falling due within one year 7 30,832 18,561
NET CURRENT ASSETS 42,822 34,858
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,735

79,678

CREDITORS
Amounts falling due after more than one
year

8

(12,926

)

(16,683

)

PROVISIONS FOR LIABILITIES (7,963 ) (8,516 )
NET ASSETS 63,846 54,479

CAPITAL AND RESERVES
Called up share capital 9 50 50
Retained earnings 63,796 54,429
SHAREHOLDERS' FUNDS 63,846 54,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Trade Surfaces Limited (Registered number: 05665709)

Balance Sheet - continued
31 January 2025


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 25 February 2025 and were signed by:





S Flude - Director


Premier Trade Surfaces Limited (Registered number: 05665709)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Premier Trade Surfaces 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of five 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.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Premier Trade Surfaces Limited (Registered number: 05665709)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 10,000
AMORTISATION
At 1 February 2024
and 31 January 2025 10,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 148,717
Additions 17,845
Disposals (34,999 )
At 31 January 2025 131,563
DEPRECIATION
At 1 February 2024 103,897
Charge for year 8,654
Eliminated on disposal (22,901 )
At 31 January 2025 89,650
NET BOOK VALUE
At 31 January 2025 41,913
At 31 January 2024 44,820

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 4,507 7,942
Prepayments 3,628 3,075
8,135 11,017

Premier Trade Surfaces Limited (Registered number: 05665709)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 13,241 8,373
Tax 7,441 2,677
Social security and other taxes 132 305
VAT 7,442 5,511
Other creditors - 42
Directors' current accounts 1,066 98
Accrued expenses 1,510 1,555
30,832 18,561

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans - 2-5 years 12,926 16,683

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
50 Ordinary £1.00 50 50

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 (2024 - £39,000) were paid to the directors .