1 September 2023 false No description of principal activity Taxfiler 2024.6 SC638302business:PrivateLimitedCompanyLtd2023-09-012024-08-31 SC6383022023-08-31 SC6383022023-09-012024-08-31 SC638302business:AuditExemptWithAccountantsReport2023-09-012024-08-31 SC638302business:FilletedAccounts2023-09-012024-08-31 SC6383022024-08-31 SC6383022023-08-31 SC638302core:WithinOneYear2024-08-31 SC638302core:WithinOneYear2023-08-31 SC638302core:AfterOneYear2024-08-31 SC638302core:AfterOneYear2023-08-31 SC638302core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC638302core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC638302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC638302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC638302core:PreviouslyStatedAmount2024-08-31 SC638302core:PreviouslyStatedAmount2023-08-31 SC638302business:SmallEntities2023-09-012024-08-31 SC638302business:Director12023-09-012024-08-31 SC638302countries:Scotland2023-09-012024-08-31 SC638302business:RegisteredOffice2023-09-012024-08-31 SC638302core:MotorVehicles2023-09-012024-08-31 SC638302core:MotorVehicles2023-08-31 SC638302core:ComputerEquipment2023-08-31 SC638302core:ComputerEquipment2023-09-012024-08-31 SC638302core:MotorVehicles2024-08-31 SC638302core:ComputerEquipment2024-08-31 SC6383022022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC638302 (Scotland)
Premo Group Ltd Unaudited accounts for the year ended 31 August 2024
Premo Group Ltd Unaudited accounts Contents
Page
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Premo Group Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
188,511 
27,593 
Current assets
Debtors
154,281 
115,616 
Cash at bank and in hand
101,280 
67,347 
255,561 
182,963 
Creditors: amounts falling due within one year
(190,465)
(102,014)
Net current assets
65,096 
80,949 
Total assets less current liabilities
253,607 
108,542 
Creditors: amounts falling due after more than one year
(84,136)
(18,463)
Net assets
169,471 
90,079 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
169,469 
90,077 
Shareholders' funds
169,471 
90,079 
For the year ending 31 August 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 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 31 August 2025 and were signed on its behalf by
M Tivatyi Director Company Registration No. SC638302
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Premo Group Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Premo Group Ltd is a private company, limited by shares, registered in Scotland, registration number SC638302. The registered office is Unit 18 John Player Building, Stirling Enterprise Park, Stirling, FK7 7RP, Scotland.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
44,106 
- 
44,106 
Additions
188,843 
6,500 
195,343 
At 31 August 2024
232,949 
6,500 
239,449 
Depreciation
At 1 September 2023
16,513 
- 
16,513 
Charge for the year
33,468 
957 
34,425 
At 31 August 2024
49,981 
957 
50,938 
Net book value
At 31 August 2024
182,968 
5,543 
188,511 
At 31 August 2023
27,593 
- 
27,593 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
115,616 
Accrued income and prepayments
154,281 
- 
154,281 
115,616 
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Premo Group Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,973 
10,156 
Obligations under finance leases and hire purchase contracts
29,561 
- 
Trade creditors
3,500 
4,750 
Taxes and social security
117,780 
71,949 
Other creditors
4,192 
15,159 
Accruals
25,459 
- 
190,465 
102,014 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,245 
18,463 
Obligations under finance leases and hire purchase contracts
75,891 
- 
84,136 
18,463 
8
Average number of employees
During the year the average number of employees was 36 (2023: 25).
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