1 August 2023 false No description of principal activity Taxfiler 2024.6 12749688business:PrivateLimitedCompanyLtd2023-08-012024-07-31 127496882023-07-31 127496882023-08-012024-07-31 12749688business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 12749688business:FilletedAccounts2023-08-012024-07-31 127496882024-07-31 12749688business:Director12023-08-012024-07-31 12749688business:Director22023-08-012024-07-31 12749688business:RegisteredOffice2023-08-012024-07-31 127496882023-07-31 12749688core:WithinOneYear2024-07-31 12749688core:WithinOneYear2023-07-31 12749688core:AfterOneYear2024-07-31 12749688core:AfterOneYear2023-07-31 12749688core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 12749688core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12749688core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12749688core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12749688core:PreviouslyStatedAmount2024-07-31 12749688core:PreviouslyStatedAmount2023-07-31 12749688business:SmallEntities2023-08-012024-07-31 12749688countries:EnglandWales2023-08-012024-07-31 12749688core:MotorVehicles2023-08-012024-07-31 12749688core:Goodwill2023-07-31 12749688core:Goodwill2024-07-31 12749688core:MotorVehicles2023-07-31 12749688core:MotorVehicles2024-07-31 127496882022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12749688 (England and Wales)
PREMIER WEDNESFIELD LTD Unaudited accounts for the year ended 31 July 2024
PREMIER WEDNESFIELD LTD Unaudited accounts Contents
Page
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PREMIER WEDNESFIELD LTD Company Information for the year ended 31 July 2024
Directors
Gaurang PATEL Jigisha PATEL
Company Number
12749688 (England and Wales)
Registered Office
51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE ENGLAND
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD 51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
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PREMIER WEDNESFIELD LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
181,749 
181,749 
Tangible assets
5,435 
6,448 
187,184 
188,197 
Current assets
Inventories
36,108 
29,694 
Debtors
272 
22,596 
Cash at bank and in hand
7,447 
5,662 
43,827 
57,952 
Creditors: amounts falling due within one year
(32,089)
(48,135)
Net current assets
11,738 
9,817 
Total assets less current liabilities
198,922 
198,014 
Creditors: amounts falling due after more than one year
(173,415)
(136,472)
Net assets
25,507 
61,542 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
25,407 
61,442 
Shareholders' funds
25,507 
61,542 
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by
Gaurang PATEL Director Company Registration No. 12749688
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PREMIER WEDNESFIELD LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
PREMIER WEDNESFIELD LTD is a private company, limited by shares, registered in England and Wales, registration number 12749688. The registered office is 51 HEATHER ROAD, BINLEY WOODS, COVENTRY, CV3 2DE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
181,749 
At 31 July 2024
181,749 
Amortisation
At 1 August 2023
- 
At 31 July 2024
- 
Net book value
At 31 July 2024
181,749 
At 31 July 2023
181,749 
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PREMIER WEDNESFIELD LTD Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 August 2023
10,500 
At 31 July 2024
10,500 
Depreciation
At 1 August 2023
4,052 
Charge for the year
1,013 
At 31 July 2024
5,065 
Net book value
At 31 July 2024
5,435 
At 31 July 2023
6,448 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
13,814 
Trade debtors
272 
8,782 
272 
22,596 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(11,735)
14,441 
Trade creditors
19,837 
5,874 
Taxes and social security
11,266 
19,001 
Other creditors
3,971 
69 
Accruals
8,750 
8,750 
32,089 
48,135 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
89,558 
114,839 
Loans from directors
83,857 
21,633 
173,415 
136,472 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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