Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04069906 Mr L A Foulger Mrs J B Sands iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04069906 2023-09-30 04069906 2024-09-30 04069906 2023-10-01 2024-09-30 04069906 frs-core:CurrentFinancialInstruments 2024-09-30 04069906 frs-core:Non-currentFinancialInstruments 2024-09-30 04069906 frs-core:ComputerEquipment 2024-09-30 04069906 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04069906 frs-core:ComputerEquipment 2023-09-30 04069906 frs-core:FurnitureFittings 2024-09-30 04069906 frs-core:FurnitureFittings 2023-10-01 2024-09-30 04069906 frs-core:FurnitureFittings 2023-09-30 04069906 frs-core:MotorVehicles 2024-09-30 04069906 frs-core:MotorVehicles 2023-10-01 2024-09-30 04069906 frs-core:MotorVehicles 2023-09-30 04069906 frs-core:PlantMachinery 2024-09-30 04069906 frs-core:PlantMachinery 2023-10-01 2024-09-30 04069906 frs-core:PlantMachinery 2023-09-30 04069906 frs-core:WithinOneYear 2024-09-30 04069906 frs-core:ShareCapital 2024-09-30 04069906 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04069906 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04069906 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04069906 frs-bus:SmallEntities 2023-10-01 2024-09-30 04069906 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04069906 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04069906 frs-bus:Director1 2023-10-01 2024-09-30 04069906 frs-bus:Director2 2023-10-01 2024-09-30 04069906 frs-countries:EnglandWales 2023-10-01 2024-09-30 04069906 2022-09-30 04069906 2023-09-30 04069906 2022-10-01 2023-09-30 04069906 frs-core:CurrentFinancialInstruments 2023-09-30 04069906 frs-core:Non-currentFinancialInstruments 2023-09-30 04069906 frs-core:WithinOneYear 2023-09-30 04069906 frs-core:ShareCapital 2023-09-30 04069906 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04069906
Premier Lifting & Engineering Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Stephen Farra Associates Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 04069906
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 64,349 71,497
64,349 71,497
CURRENT ASSETS
Debtors 5 41,243 60,841
Cash at bank and in hand 72,365 131,013
113,608 191,854
Creditors: Amounts Falling Due Within One Year 6 (57,355 ) (69,972 )
NET CURRENT ASSETS (LIABILITIES) 56,253 121,882
TOTAL ASSETS LESS CURRENT LIABILITIES 120,602 193,379
Creditors: Amounts Falling Due After More Than One Year 7 (6,250 ) (9,250 )
NET ASSETS 114,352 184,129
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 114,252 184,029
SHAREHOLDERS' FUNDS 114,352 184,129
For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs J B Sands
Director
30/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Premier Lifting & Engineering Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04069906 . The registered office is 98 Hornchurch Road, Hornchurch, Essex, RM11 1JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 20% on cost
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 4,850 161,347 8,145 14,906 189,248
Additions 4,824 - 2,283 - 7,107
As at 30 September 2024 9,674 161,347 10,428 14,906 196,355
Depreciation
As at 1 October 2023 1,213 98,273 7,583 10,682 117,751
Provided during the period 2,133 10,707 184 1,231 14,255
As at 30 September 2024 3,346 108,980 7,767 11,913 132,006
Net Book Value
As at 30 September 2024 6,328 52,367 2,661 2,993 64,349
As at 1 October 2023 3,637 63,074 562 4,224 71,497
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 36,766 52,695
Other debtors 4,477 8,146
41,243 60,841
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 28,298 37,916
Trade creditors 9,167 13,324
Other creditors 15,677 13,671
Taxation and social security 4,213 5,061
57,355 69,972
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,250 9,250
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 28,298 37,916
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 25,000 16,600
During the year, total dividends of £25,000 (2023 - £16,600) were paid to the directors.
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