IRIS Accounts Production v25.1.4.42 03920596 Board of Directors Board of Directors 1.4.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039205962024-03-31039205962024-12-31039205962024-04-012024-12-31039205962023-03-31039205962023-04-012024-03-31039205962024-03-3103920596ns15:EnglandWales2024-04-012024-12-3103920596ns14:PoundSterling2024-04-012024-12-3103920596ns10:Director12024-04-012024-12-3103920596ns10:Director22024-04-012024-12-3103920596ns10:PrivateLimitedCompanyLtd2024-04-012024-12-3103920596ns10:SmallEntities2024-04-012024-12-3103920596ns10:AuditExempt-NoAccountantsReport2024-04-012024-12-3103920596ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012024-12-3103920596ns10:SmallCompaniesRegimeForAccounts2024-04-012024-12-3103920596ns10:FullAccounts2024-04-012024-12-3103920596ns10:RegisteredOffice2024-04-012024-12-3103920596ns5:CurrentFinancialInstruments2024-12-3103920596ns5:CurrentFinancialInstruments2024-03-3103920596ns5:Non-currentFinancialInstruments2024-12-3103920596ns5:Non-currentFinancialInstruments2024-03-3103920596ns5:ShareCapital2024-12-3103920596ns5:ShareCapital2024-03-3103920596ns5:RetainedEarningsAccumulatedLosses2024-12-3103920596ns5:RetainedEarningsAccumulatedLosses2024-03-3103920596ns5:PlantMachinery2024-04-012024-12-3103920596ns5:FurnitureFittings2024-04-012024-12-3103920596ns5:MotorVehicles2024-04-012024-12-3103920596ns5:PlantMachinery2024-03-3103920596ns5:FurnitureFittings2024-03-3103920596ns5:MotorVehicles2024-03-3103920596ns5:PlantMachinery2024-12-3103920596ns5:FurnitureFittings2024-12-3103920596ns5:MotorVehicles2024-12-3103920596ns5:PlantMachinery2024-03-3103920596ns5:FurnitureFittings2024-03-3103920596ns5:MotorVehicles2024-03-3103920596ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-012024-12-3103920596ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-12-3103920596ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3103920596ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103920596ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-12-3103920596ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-03-3103920596ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-12-3103920596ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-03-3103920596ns5:HirePurchaseContracts2024-12-3103920596ns5:HirePurchaseContracts2024-03-3103920596ns5:WithinOneYear2024-12-3103920596ns5:WithinOneYear2024-03-3103920596ns5:BetweenOneFiveYears2024-12-3103920596ns5:BetweenOneFiveYears2024-03-3103920596ns5:AllPeriods2024-12-3103920596ns5:AllPeriods2024-03-31
REGISTERED NUMBER: 03920596 (England and Wales)















Financial Statements for the Period 1 April 2024 to 31 December 2024

for

Premier Preservations (Bradford) Limited

Premier Preservations (Bradford) Limited (Registered number: 03920596)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Premier Preservations (Bradford) Limited

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTORS: H L Mowat
W G Swordy





REGISTERED OFFICE: Richmond House Lawnswood Business Park
Redvers Close
Leeds
LS16 6QY





REGISTERED NUMBER: 03920596 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Premier Preservations (Bradford) Limited (Registered number: 03920596)

Balance Sheet
31 December 2024

31.12.24 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 49,661 28,520

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 118,849 45,444
Cash at bank and in hand 42,904 148,369
166,753 198,813
CREDITORS
Amounts falling due within one year 6 141,468 109,506
NET CURRENT ASSETS 25,285 89,307
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,946

117,827

CREDITORS
Amounts falling due after more than one year 7 (57,291 ) (28,704 )

PROVISIONS FOR LIABILITIES (5,752 ) -
NET ASSETS 11,903 89,123

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 10,903 88,123
11,903 89,123

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 Preservations (Bradford) Limited (Registered number: 03920596)

Balance Sheet - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:




H L Mowat - Director



W G Swordy - Director


Premier Preservations (Bradford) Limited (Registered number: 03920596)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Premier Preservations (Bradford) Limited 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 good and from the rendering of services.
Revenue for sales of goods are recognised on the receipt of the goods by the customer where the Risks/ Rewards and ownership has been transferred to the customer.
Revenue for Services provided are recognised upon stages of completion of a contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Premier Preservations (Bradford) Limited (Registered number: 03920596)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued
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 period 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 period was 13 (2024 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 17,074 45,704 59,895 122,673
Additions - - 36,417 36,417
At 31 December 2024 17,074 45,704 96,312 159,090
DEPRECIATION
At 1 April 2024 12,559 40,644 40,950 94,153
Charge for period 677 759 13,840 15,276
At 31 December 2024 13,236 41,403 54,790 109,429
NET BOOK VALUE
At 31 December 2024 3,838 4,301 41,522 49,661
At 31 March 2024 4,515 5,060 18,945 28,520

Premier Preservations (Bradford) Limited (Registered number: 03920596)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 36,417
At 31 December 2024 36,417
DEPRECIATION
Charge for period 9,104
At 31 December 2024 9,104
NET BOOK VALUE
At 31 December 2024 27,313

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Trade debtors 28,734 26,012
Other debtors 90,115 19,432
118,849 45,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Bank loans and overdrafts 5,556 5,556
Hire purchase contracts (see note 8) 7,697 -
Trade creditors 36,695 12,713
Taxation and social security 84,972 84,001
Other creditors 6,548 7,236
141,468 109,506

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.3.24
£    £   
Bank loans 24,538 28,704
Hire purchase contracts (see note 8) 32,753 -
57,291 28,704

Premier Preservations (Bradford) Limited (Registered number: 03920596)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.3.24
£    £   
Net obligations repayable:
Within one year 7,697 -
Between one and five years 32,753 -
40,450 -

Non-cancellable operating leases
31.12.24 31.3.24
£    £   
Within one year 29,794 -
Between one and five years 80,630 -
110,424 -