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REGISTERED NUMBER: 07523619 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

PREMIER FLEET SERVICES (UK) LTD

PREMIER FLEET SERVICES (UK) LTD (REGISTERED NUMBER: 07523619)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PREMIER FLEET SERVICES (UK) LTD

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: L P Christopher





REGISTERED OFFICE: Premier House
Beveridge Lane
Bardon Hill
Coalville
Leicestershire
LE67 1TA





REGISTERED NUMBER: 07523619 (England and Wales)





ACCOUNTANTS: Ark&Co Ltd
Chartered Accountants & Chartered Tax Advisers
The Maltings
2 Anderson Rd
Bearwood
Birmingham
West Midlands
B66 4AR

PREMIER FLEET SERVICES (UK) LTD (REGISTERED NUMBER: 07523619)

Balance Sheet
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 238,254 59,075

CURRENT ASSETS
Stocks 6,000 6,000
Debtors 5 192,363 156,577
Cash at bank 18,354 164,434
216,717 327,011
CREDITORS
Amounts falling due within one year 6 153,771 198,164
NET CURRENT ASSETS 62,946 128,847
TOTAL ASSETS LESS CURRENT
LIABILITIES

301,200

187,922

CREDITORS
Amounts falling due after more than one
year

7

57,705

17,456
NET ASSETS 243,495 170,466

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 243,494 170,465
243,495 170,466

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 FLEET SERVICES (UK) LTD (REGISTERED NUMBER: 07523619)

Balance Sheet - continued
30 JUNE 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 24 March 2025 and were signed by:





L P Christopher - Director


PREMIER FLEET SERVICES (UK) LTD (REGISTERED NUMBER: 07523619)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Premier Fleet Services (UK) Ltd 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 - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost

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.

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.

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 FLEET SERVICES (UK) LTD (REGISTERED NUMBER: 07523619)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023 211,567 3,925 45,211 260,703
Additions - - 278,940 278,940
Disposals - - (36,158 ) (36,158 )
At 30 June 2024 211,567 3,925 287,993 503,485
DEPRECIATION
At 1 July 2023 164,231 3,925 33,472 201,628
Charge for year 17,525 - 47,402 64,927
Eliminated on disposal - - (1,324 ) (1,324 )
At 30 June 2024 181,756 3,925 79,550 265,231
NET BOOK VALUE
At 30 June 2024 29,811 - 208,443 238,254
At 30 June 2023 47,336 - 11,739 59,075

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 153,775 149,305
Called up share capital not paid 1 1
Prepayments 38,587 7,271
192,363 156,577

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 98,903 61,136
Tax 24,415 48,311
Deferred Tax 10,311 8,618
Social security and other taxes 8,937 5,305
VAT 3,293 24,565
Accrued expenses 7,912 50,229
153,771 198,164

PREMIER FLEET SERVICES (UK) LTD (REGISTERED NUMBER: 07523619)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 57,705 17,456

8. RELATED PARTY DISCLOSURES

Sales to companies under common control amounted to £407,561 (2023: £358,200).

Purchases from companies under common control amounted to £87,693 (2023: £52,000).

9. ULTIMATE CONTROLLING PARTY

The controlling party is L P Christopher.

The ultimate controlling party is L P Christopher.