Acorah Software Products - Accounts Production 16.5.460 false true true 31 January 2024 1 January 2023 false 1 February 2024 31 January 2025 31 January 2025 09354714 Mr Mohammed Sufyan Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09354714 2024-01-31 09354714 2025-01-31 09354714 2024-02-01 2025-01-31 09354714 frs-core:CurrentFinancialInstruments 2025-01-31 09354714 frs-core:Non-currentFinancialInstruments 2025-01-31 09354714 frs-core:FurnitureFittings 2025-01-31 09354714 frs-core:FurnitureFittings 2024-02-01 2025-01-31 09354714 frs-core:FurnitureFittings 2024-01-31 09354714 frs-core:MotorVehicles 2025-01-31 09354714 frs-core:MotorVehicles 2024-02-01 2025-01-31 09354714 frs-core:MotorVehicles 2024-01-31 09354714 frs-core:PlantMachinery 2025-01-31 09354714 frs-core:PlantMachinery 2024-02-01 2025-01-31 09354714 frs-core:PlantMachinery 2024-01-31 09354714 frs-core:ShareCapital 2025-01-31 09354714 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 09354714 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09354714 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 09354714 frs-bus:SmallEntities 2024-02-01 2025-01-31 09354714 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09354714 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09354714 frs-bus:Director1 2024-02-01 2025-01-31 09354714 frs-countries:EnglandWales 2024-02-01 2025-01-31 09354714 2022-12-31 09354714 2024-01-31 09354714 2023-01-01 2024-01-31 09354714 frs-core:CurrentFinancialInstruments 2024-01-31 09354714 frs-core:Non-currentFinancialInstruments 2024-01-31 09354714 frs-core:ShareCapital 2024-01-31 09354714 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 09354714
PREMIER PRIVATE HIRE LIMITED
Unaudited Financial Statements
For The Year Ended 31 January 2025
AMCI ASSOCIATES LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09354714
31 January 2025 31 January 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,718 67,150
72,718 67,150
CURRENT ASSETS
Debtors 5 49,750 42,088
Cash at bank and in hand 918 5,326
50,668 47,414
Creditors: Amounts Falling Due Within One Year 6 (75,619 ) (49,781 )
NET CURRENT ASSETS (LIABILITIES) (24,951 ) (2,367 )
TOTAL ASSETS LESS CURRENT LIABILITIES 47,767 64,783
Creditors: Amounts Falling Due After More Than One Year 7 (21,447 ) (26,010 )
NET ASSETS 26,320 38,773
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 26,319 38,772
SHAREHOLDERS' FUNDS 26,320 38,773
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Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Mohammed Sufyan Khan
Director
03/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PREMIER PRIVATE HIRE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09354714 . The registered office is 192a Trentham Road, Stoke-on-Trent, ST3 4EF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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. 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%
Motor Vehicles 10%
Fixtures & Fittings 20%
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 9)
6 9
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 8,606 151,835 42,552 202,993
Additions - 34,425 - 34,425
As at 31 January 2025 8,606 186,260 42,552 237,418
Depreciation
As at 1 February 2024 5,985 116,246 13,612 135,843
Provided during the period 1,721 18,626 8,510 28,857
As at 31 January 2025 7,706 134,872 22,122 164,700
Net Book Value
As at 31 January 2025 900 51,388 20,430 72,718
As at 1 February 2024 2,621 35,589 28,940 67,150
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5. Debtors
31 January 2025 31 January 2024
£ £
Due within one year
Due after more than one year
Other debtors 49,750 42,088
6. Creditors: Amounts Falling Due Within One Year
31 January 2025 31 January 2024
£ £
Bank loans and overdrafts 13,424 -
Corporation tax 10,123 7,193
Other taxes and social security 11,620 7,325
VAT 39,506 34,839
Other creditors 137 137
Director's loan account 809 287
75,619 49,781
7. Creditors: Amounts Falling Due After More Than One Year
31 January 2025 31 January 2024
£ £
Bank loans 21,447 26,010
8. Share Capital
31 January 2025 31 January 2024
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
31 January 2025 31 January 2024
£ £
Mr Mohammed Sufyan Khan 35,500 36,000
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