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REGISTERED NUMBER: SC793522 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

28 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

PREMIER STAGE LIMITED

PREMIER STAGE LIMITED (REGISTERED NUMBER: SC793522)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 28 December 2023 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PREMIER STAGE LIMITED

COMPANY INFORMATION
for the Period 28 December 2023 to 31 December 2024







DIRECTORS: P Coutts
Mrs V Coutts





REGISTERED OFFICE: 25 Balhalgardy Drive
Inverurie
Aberdeenshire
AB51 5AZ





REGISTERED NUMBER: SC793522 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

PREMIER STAGE LIMITED (REGISTERED NUMBER: SC793522)

BALANCE SHEET
31 December 2024

Notes £    £   
FIXED ASSETS
Investment property 4 145,000

CURRENT ASSETS
Debtors 5 4,800
Cash at bank 24,236
29,036
CREDITORS
Amounts falling due within one year 6 139,076
NET CURRENT LIABILITIES (110,040 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,960

PROVISIONS FOR LIABILITIES 3,907
NET ASSETS 31,053

CAPITAL AND RESERVES
Called up share capital 7 100
Fair value reserve 8 11,722
Retained earnings 8 19,231
SHAREHOLDERS' FUNDS 31,053

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 10 April 2025 and were signed on its behalf by:





P Coutts - Director


PREMIER STAGE LIMITED (REGISTERED NUMBER: SC793522)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 28 December 2023 to 31 December 2024

1. STATUTORY INFORMATION

Premier Stage Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is included at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement. Deferred taxation is provided on these adjustments at the rate expected to apply when the properties are sold.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets which include trade & other debtors, cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers significant risk and reward of ownership to another entity.

Basic financial liabilities
Basic financial liabilities which include trade and other creditors are recognised at transaction price including transaction cost.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Taxation
Taxation for the period comprises current. 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

PREMIER STAGE LIMITED (REGISTERED NUMBER: SC793522)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 28 December 2023 to 31 December 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 129,371
Revaluations 15,629
At 31 December 2024 145,000
NET BOOK VALUE
At 31 December 2024 145,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 15,629
Cost 129,371
145,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 4,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 4,851
Directors' current accounts 134,225
139,076

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
50 Ordinary A 1 50
50 Ordinary B 1 50
100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A shares of 1 each
50 Ordinary B shares of 1 each

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

Profit for the period 31,953 31,953
Dividends (1,000 ) (1,000 )
Revaluation in year (11,722 ) 11,722 -
At 31 December 2024 19,231 11,722 30,953

PREMIER STAGE LIMITED (REGISTERED NUMBER: SC793522)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 28 December 2023 to 31 December 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024:

£   
P Coutts
Balance outstanding at start of period -
Amounts advanced 2,515
Amounts repaid (136,740 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (134,225 )

These amounts bear no interest and no fixed repayment terms.

10. RELATED PARTY DISCLOSURES

Citystage Properties Limited is a company under control of a close family member of the director.

During the year the company invoiced £48,000 to Citystage Properties Limited. As at the year end there was a balance of £4,800 due to the company in respect of these invoices.