Premier Rolls (South) Limited

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

Registered number: 02221591

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		889		1,185

			889		1,185
CURRENT ASSETS
Stocks	5	33,694		40,041
Debtors	6	148,856		125,057
Cash at bank and in hand		387,210		496,499

		569,760		661,597
Creditors: Amounts Falling Due Within One Year	7	(444,420 )		(541,255 )

NET CURRENT ASSETS (LIABILITIES)			125,340		120,342

TOTAL ASSETS LESS CURRENT LIABILITIES			126,229		121,527

PROVISIONS FOR LIABILITIES
Deferred Taxation			(222 )		(80 )

NET ASSETS			126,007		121,447

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			125,007		120,447

SHAREHOLDERS' FUNDS			126,007		121,447

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Premier Rolls (South) Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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 J M Gibbs

Director

14 October 2025

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

1. General Information

Premier Rolls (South) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02221591 . The registered office is 14 Beech Hill, Otley, West Yorkshire, LS21 3AX.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. 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:

Leasehold	10% Straight Line
Computer Equipment	25% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment.

Cash and cash equivalents comprise cash at bank and on hand.

Trade and other creditors are initially recognised at the transaction price and are thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

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Premier Rolls (South) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.8. Pensions

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. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 8)

4. Tangible Assets

	Land & Property
	Leasehold	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	39,728	55,653	95,381

As at 30 September 2025	39,728	55,653	95,381

Depreciation
As at 1 October 2024	39,728	54,468	94,196
Provided during the period	-	296	296

As at 30 September 2025	39,728	54,764	94,492

Net Book Value
As at 30 September 2025	-	889	889

As at 1 October 2024	-	1,185	1,185

5. Stocks

	2025	2024
	£	£
Stock	33,694	40,041

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	143,973	124,767
Other debtors	4,883	290

	148,856	125,057

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	111,213	124,676
Other creditors	237,763	322,977
Taxation and social security	95,444	93,602

	444,420	541,255

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Premier Rolls (South) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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