2023-07-01 NI670335 2024-06-30 NI670335 2023-07-01 2024-06-30 NI670335 2023-06-30 NI670335 2022-07-01 2023-06-30 NI670335 uk-core:WithinOneYear 2023-06-30 NI670335 uk-core:WithinOneYear 2024-06-30 NI670335 uk-core:AfterOneYear 2023-06-30 NI670335 uk-core:AfterOneYear 2024-06-30 NI670335 uk-core:ShareCapital 2024-06-30 NI670335 uk-core:ShareCapital 2023-06-30 NI670335 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 NI670335 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 NI670335 uk-bus:Director1 2023-07-01 2024-06-30 NI670335 uk-core:PlantMachinery 2023-07-01 2024-06-30 NI670335 uk-core:WithinOneYear 2024-06-30 NI670335 uk-core:WithinOneYear 2023-06-30 NI670335 uk-core:AfterOneYear uk-core:Secured 2024-06-30 NI670335 uk-core:AfterOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure NI670335 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 NI670335 uk-bus:FRS102 2023-07-01 2024-06-30 NI670335 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 NI670335 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Premier Building Contracts Limited
Registered Number:NI670335
For the year ended 30 June 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 30 June 2024
Premier Building Contracts Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
NI670335
As at 30 June 2024
Premier Building Contracts Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
440,658
348,102
2
440,658
348,102
Current assets
Inventories
72,873
175,598
3
Trade and other receivables
338,285
212,268
4
189,321
Cash and cash equivalents
82,456
470,322
600,479
Trade and other payables: amounts falling due within one
year
(399,160)
(242,566)
5
201,319
227,756
Net current assets
Total assets less current liabilities
668,414
549,421
Trade and other payables: amounts falling due after more
than one year
(267,584)
(289,870)
6
378,544
Net assets
281,837
Capital and reserves
Called up share capital
4
4
Retained earnings
378,540
281,833
378,544
281,837
Shareholders' funds
For the year ended 30 June 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr William George Reynolds Director
These financial statements were approved and authorised for issue by the Board on 26 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Premier Building Contracts Limited
Notes to the Financial Statements
Statutory Information
Premier Building Contracts Limited is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI670335.
Registered address:
Unit 6 Hamiltonsbawn Road Industrial Estate
Armagh
Armagh
BT60 1HW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
12.50% Reducing balance
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2 of 4
5
For the year ended 30 June 2024
Premier Building Contracts Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 July 2023
451,821
179,602
Additions
Disposals
(26,000)
At 30 June 2024
605,423
Provision for depreciation and impairment
At 01 July 2023
103,719
Charge for year
65,846
(4,800)
On disposal
At 30 June 2024
164,765
At 30 June 2024
Net book value
440,658
At 30 June 2023
348,102
3. Inventories
2023
2024
£
£
Stocks
175,598
72,873
4. Trade and other receivables
2023
2024
£
£
Trade debtors
196,021
327,768
Other debtors
16,247
10,517
338,285
212,268
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6
For the year ended 30 June 2024
Premier Building Contracts Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
76,650
76,650
Trade creditors
76,940
257,889
Taxation and social security
13,667
3,939
Other creditors
75,309
60,682
242,566
399,160
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
190,000
190,000
Other creditors
99,870
77,584
289,870
267,584
7. Average number of persons employed
During the year the average number of employees was 5 (2023 : 4)
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