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REGISTERED NUMBER: SC530607 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Premier Property Solutions (Lanarkshire)
Limited
Trading as
Premier Property Solutions

Premier Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Premier Property Solutions (Lanarkshire)
Limited
Trading as Premier Property Solutions

Company Information
for the Year Ended 31 March 2025







DIRECTOR: S J Sanderson





SECRETARY: Mrs E Sanderson





REGISTERED OFFICE: 32 Flowerhill Street
Flowerhill Industrial Estate
Airdrie
North Lanarkshire
ML6 6BH





REGISTERED NUMBER: SC530607 (Scotland)





ACCOUNTANTS: Accountants Plus
Chartered Certified Accountants
Unit 1 Cadzow Park
82 Muir Street
Hamilton
ML3 6BJ

Premier Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,359 48,744

CURRENT ASSETS
Stocks 19,728 36,193
Debtors 5 106,235 45,291
Cash at bank 8 49,128
125,971 130,612
CREDITORS
Amounts falling due within one year 6 119,084 123,309
NET CURRENT ASSETS 6,887 7,303
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,246

56,047

CREDITORS
Amounts falling due after more than
one year

7

(53,268

)

(53,612

)

PROVISIONS FOR LIABILITIES (13,725 ) (882 )
NET ASSETS 5,253 1,553

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,153 1,453
5,253 1,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions

Balance Sheet - continued
31 March 2025


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 director and authorised for issue on 6 June 2025 and were signed by:





S J Sanderson - Director


Premier Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Premier Property Solutions (Lanarkshire) 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.

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
Turnover 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.
Plant and machinery etc - 10% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances
Cash and bank balances are measured at the transaction price.


Premier Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

Premier Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 54,069
Additions 23,075
At 31 March 2025 77,144
DEPRECIATION
At 1 April 2024 5,325
Charge for year 6,460
At 31 March 2025 11,785
NET BOOK VALUE
At 31 March 2025 65,359
At 31 March 2024 48,744

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 104,364 30,862
VAT - 8,696
Prepayments 1,871 5,733
106,235 45,291

Premier Property Solutions (Lanarkshire)
Limited (Registered number: SC530607)
Trading as Premier Property Solutions

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 510 -
Other loans 7,992 8,163
Hire purchase contracts 11,074 6,227
Trade creditors 62,259 19,467
Tax 11,723 -
Social security and other taxes 424 4,149
Pensions payable - 716
VAT 10,839 -
Other creditors 4,688 1,885
Net wages 4,294 -
Directors' current accounts 3,961 4,865
Accruals and deferred income - 63,142
Accrued expenses 1,320 14,695
119,084 123,309

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.25 31.3.24
£    £   
Other loans - 1-2 years 15,309 23,129
Hire purchase contracts 37,959 30,483
53,268 53,612

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
S J Sanderson
Balance outstanding at start of year (4,865 ) 7,613
Amounts advanced 904 -
Amounts repaid - (12,478 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,961 ) (4,865 )