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REGISTERED NUMBER: 08750168 (England and Wales)


Financial Statements for the Year Ended 31 October 2024

for

Premier Properties Leicester Ltd

Premier Properties Leicester Ltd (Registered number: 08750168)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Premier Properties Leicester Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr Paramjit Singh Chohan
Mr Jagjit Singh Chohan





SECRETARY: Mrs Manjit Kaur Chohan





REGISTERED OFFICE: Forest Field Leicester Lane
Desford
Leicester
LE9 9JJ





REGISTERED NUMBER: 08750168 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Premier Properties Leicester Ltd (Registered number: 08750168)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 554,321 554,321

CURRENT ASSETS
Debtors 5 6,647 4,297
Cash at bank 1,968 479
8,615 4,776
CREDITORS
Amounts falling due within one year 6 212,276 208,136
NET CURRENT LIABILITIES (203,661 ) (203,360 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

350,660

350,961

CREDITORS
Amounts falling due after more than one
year

7

332,297

342,605
NET ASSETS 18,363 8,356

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 17,363 7,356
SHAREHOLDERS' FUNDS 18,363 8,356

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

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

Premier Properties Leicester Ltd (Registered number: 08750168)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





Mr Paramjit Singh Chohan - Director


Premier Properties Leicester Ltd (Registered number: 08750168)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Premier Properties Leicester 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
Revenue 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.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 November 2023
and 31 October 2024 554,321
NET BOOK VALUE
At 31 October 2024 554,321
At 31 October 2023 554,321

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 6,647 4,297

Premier Properties Leicester Ltd (Registered number: 08750168)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 3,050 3,050
Taxation and social security 2,347 562
Other creditors 206,879 204,524
212,276 208,136

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 332,297 342,605

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
1,000 Share capital 1 £1 1,000 1,000