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Company Registration No. 10937501 (England and Wales)
Premier AV Limited Unaudited accounts for the year ended 31 March 2025
Premier AV Limited Unaudited accounts Contents
Page
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Premier AV Limited Company Information for the year ended 31 March 2025
Directors
Neal Rajdev Mahesh Rajdev Ikhwan Jang
Company Number
10937501 (England and Wales)
Registered Office
40 High Worple, Rayners Lane, Harrow Middlesex HA2 9SS GB
Accountants
A J Shah and Company 8 Pinner View Harrow Middlesex HA1 4QA
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Premier AV Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,625 
1,541 
Current assets
Inventories
72,091 
30,241 
Debtors
35,733 
26,470 
Cash at bank and in hand
15,855 
35,226 
123,679 
91,937 
Creditors: amounts falling due within one year
(85,230)
(57,586)
Net current assets
38,449 
34,351 
Total assets less current liabilities
40,074 
35,892 
Creditors: amounts falling due after more than one year
(32,535)
(32,535)
Net assets
7,539 
3,357 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
7,509 
3,327 
Shareholders' funds
7,539 
3,357 
For the year ending 31 March 2025 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 4 June 2025 and were signed on its behalf by
Ikhwan Jang Director Company Registration No. 10937501
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Premier AV Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Premier AV Limited is a private company, limited by shares, registered in England and Wales, registration number 10937501. The registered office is 40 High Worple,, Rayners Lane,, Harrow, Middlesex, HA2 9SS, GB.
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
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
2,483 
Additions
940 
At 31 March 2025
3,423 
Depreciation
At 1 April 2024
942 
Charge for the year
856 
At 31 March 2025
1,798 
Net book value
At 31 March 2025
1,625 
At 31 March 2024
1,541 
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Premier AV Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,979 
26,470 
Accrued income and prepayments
8,754 
- 
35,733 
26,470 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
9,900 
3,660 
Trade creditors
20,467 
15,729 
Taxes and social security
2,389 
1,142 
Loans from directors
51,149 
35,880 
Accruals
1,325 
1,175 
85,230 
57,586 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
32,535 
32,535 
8
Loans to directors
Amounts due to directors at the balance sheet date is £51,149, (2024: £35,880). The balance arose as a series of small loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed. Ultimate Controlling Party is Mr Ikhwan Jang, Mr Neal Rajdev and Mr Mahesh Rajdev.
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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