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Company Registration No. 11777067 (England and Wales)
Premier Resin Drives .co.uk Ltd Unaudited accounts for the year ended 31 January 2025
Premier Resin Drives .co.uk Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Premier Resin Drives .co.uk Ltd Company Information for the year ended 31 January 2025
Directors
Paul Howard Thomas Jennifer Michelle Thomas
Company Number
11777067 (England and Wales)
Registered Office
67 Jubilee Crescent Bridgend Mid Glamorgan CF31 3AY Wales
Accountants
Capital Accountancy (South Wales) Ltd 67 Ffordd Cadfan Bridgend Bridgend CF31 2DP
- 3 -
Premier Resin Drives .co.uk Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
50,702 
19,665 
Current assets
Debtors
5
50,977 
44,321 
Cash at bank and in hand
196,381 
205,058 
247,358 
249,379 
Creditors: amounts falling due within one year
6
(21,501)
(46,192)
Net current assets
225,857 
203,187 
Total assets less current liabilities
276,559 
222,852 
Creditors: amounts falling due after more than one year
7
(46,253)
27,968 
Net assets
230,306 
250,820 
Capital and reserves
Called up share capital
8
100 
100 
Profit and loss account
230,206 
250,720 
Shareholders' funds
230,306 
250,820 
For the year ending 31 January 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 1 September 2025 and were signed on its behalf by
Paul Howard Thomas Director Company Registration No. 11777067
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Premier Resin Drives .co.uk Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Premier Resin Drives .co.uk Ltd is a private company, limited by shares, registered in England and Wales, registration number 11777067. The registered office is 67 Jubilee Crescent, Bridgend, Mid Glamorgan, CF31 3AY, Wales.
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:
Plant & machinery
20%
Motor vehicles
25%
Fixtures & fittings
20%
Computer equipment
25%
Other tangible fixed assets
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At valuation 
At 1 February 2024
- 
37,340 
37,340 
Additions
36,006 
- 
36,006 
Revaluations
- 
2,996 
2,996 
At 31 January 2025
36,006 
40,336 
76,342 
Depreciation
At 1 February 2024
- 
17,675 
17,675 
Charge for the year
1,512 
6,453 
7,965 
At 31 January 2025
1,512 
24,128 
25,640 
Net book value
At 31 January 2025
34,494 
16,208 
50,702 
At 31 January 2024
- 
19,665 
19,665 
- 5 -
Premier Resin Drives .co.uk Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
49,345 
(8,567)
Other debtors
1,632 
- 
50,977 
(8,567)
Amounts falling due after more than one year
Trade debtors
- 
52,888 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
11,414 
21,257 
Trade creditors
(179)
- 
Taxes and social security
6,057 
24,144 
Proposed dividends
500 
1,000 
Other creditors
1,866 
- 
Loans from directors
943 
- 
Accruals
900 
(209)
21,501 
46,192 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
6,253 
12,032 
Other creditors
40,000 
- 
Loans from directors
- 
(40,000)
46,253 
(27,968)
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Paul Howard Thomas
Loan
40,000 
943 
40,000 
943 
40,000 
943 
40,000 
943 
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).
11
Reconciliations on adoption of FRS 102
- 6 -