Premier Teachers Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05579307

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		50,012		58,347
Tangible Assets	5		2,017		1,959

			52,029		60,306
CURRENT ASSETS
Debtors	6	111,044		95,536
Cash at bank and in hand		44,425		89,419

		155,469		184,955
Creditors: Amounts Falling Due Within One Year	7	(111,517 )		(166,283 )

NET CURRENT ASSETS (LIABILITIES)			43,952		18,672

TOTAL ASSETS LESS CURRENT LIABILITIES			95,981		78,978

Creditors: Amounts Falling Due After More Than One Year	8		(18,776 )		(23,674 )

NET ASSETS			77,205		55,304

CAPITAL AND RESERVES
Called up share capital	9		152		145
Share premium account			99,956		99,956
Profit and Loss Account			(22,903 )		(44,797 )

SHAREHOLDERS' FUNDS			77,205		55,304

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Premier Teachers Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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.

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

Mr Michael Donnelly

Director

16/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Premier Teachers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05579307 . The registered office is 55 Hemsley Road, South Shields, Tyne and Wear, NE34 6HN.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.5. 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	20% Reducing Balance
Fixtures & Fittings	20% Reducing Balance
Computer Equipment	25% Reducing Balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 41 (2024: 18)

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Premier Teachers Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 August 2024	83,353

As at 31 July 2025	83,353

Amortisation
As at 1 August 2024	25,006
Provided during the period	8,335

As at 31 July 2025	33,341

Net Book Value
As at 31 July 2025	50,012

As at 1 August 2024	58,347

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 August 2024	6,305	1,076	7,149	14,530
Additions	-	100	583	683

As at 31 July 2025	6,305	1,176	7,732	15,213

Depreciation
As at 1 August 2024	6,305	468	5,798	12,571
Provided during the period	-	142	483	625

As at 31 July 2025	6,305	610	6,281	13,196

Net Book Value
As at 31 July 2025	-	566	1,451	2,017

As at 1 August 2024	-	608	1,351	1,959

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	47,055	33,917
Prepayments and accrued income	1,202	3,242
Interest Suspense (Debtors < 1 year)	2,488	3,002
Directors' loan accounts	-	75
Amounts owed by other participating interests	60,299	55,300

	111,044	95,536

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Premier Teachers Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,062	3,208
Bank loans and overdrafts	4,898	4,898
PAYE & Social Security (Current liabilities - creditors < 1 year)	9,431	15,602
VAT	26,991	52,044
Wages Control Account (Current liabilities - creditors < 1 year)	716	314
Pension Control Account (Current liabilities - creditors < 1 year)	921	950
Close Brothers Control	33,557	-
Accruals and deferred income	5,614	3,296
Directors' loan accounts	26,327	85,971

	111,517	166,283

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	18,776	23,674

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	152	145

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Michael Donnelly	(75 )	-	-	-	-
Mr Robert Palmer	85,971	-	-	-	-

The above loan is unsecured, interest free and repayable on demand.

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