Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-21falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2023-08-312truefalse 15108007 2023-08-30 15108007 2023-08-31 2024-08-31 15108007 2022-09-01 2023-08-30 15108007 2024-08-31 15108007 c:Director1 2023-08-31 2024-08-31 15108007 d:CurrentFinancialInstruments 2024-08-31 15108007 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 15108007 d:ShareCapital 2024-08-31 15108007 d:RetainedEarningsAccumulatedLosses 2024-08-31 15108007 c:OrdinaryShareClass1 2023-08-31 2024-08-31 15108007 c:OrdinaryShareClass1 2024-08-31 15108007 c:FRS102 2023-08-31 2024-08-31 15108007 c:AuditExempt-NoAccountantsReport 2023-08-31 2024-08-31 15108007 c:FullAccounts 2023-08-31 2024-08-31 15108007 c:PrivateLimitedCompanyLtd 2023-08-31 2024-08-31 15108007 e:PoundSterling 2023-08-31 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15108007









PREMIER GREYHOUND SALES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2024

 
PREMIER GREYHOUND SALES LTD
REGISTERED NUMBER: 15108007

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
Note
£

  

Current assets
  

Stocks
  
7,000

Debtors: amounts falling due within one year
 4 
22,260

Cash at bank and in hand
  
19,168

  
48,428

Creditors: amounts falling due within one year
 5 
(18,653)

Net current assets
  
 
 
29,775

  

Net assets
  
29,775


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
29,675

  
29,775


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 May 2025.




N T Corden
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
PREMIER GREYHOUND SALES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Premier Greyhound Sales Ltd is a private company limited by shares, registration number 15108007, and incorporated in England. Its registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the date of signing there is a degree of uncertainty about the full economic impact of the cost of living and the wider geo-political landscape. The directors continue to monitor the position closely, however they believe that the company will continue at an appropriate level of activity subject to their continued support and therefore continue to adopt the going concern basis.

Page 2

 
PREMIER GREYHOUND SALES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 
PREMIER GREYHOUND SALES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2024
£


Trade debtors
20,960

Amounts owed by joint ventures and associated undertakings
1,200

Called up share capital not paid
100

22,260



5.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to group undertakings
10,000

Other taxation and social security
6,653

Accruals and deferred income
2,000

18,653



6.


Share capital

2024
£
Allotted, called up and partly paid


100 Ordinary shares of £1.00 each
100

The ordinary shares were issued at par on 31 August 2023.



7.


Controlling party

The company is a 100% wholly owned subsidiary of International Greyhound Services Ltd, a company registered in England.
The registered office of the parent company is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.

 
Page 4