REGISTERED NUMBER: 03493201 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

PREMIER PLUS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K V Hull

R J Manning

N Hull

SECRETARY:

Mrs P G Hull

REGISTERED OFFICE:

Fenice Court

Phoenix Park

Eaton Socon

Cambridgeshre

PE19 8EW

REGISTERED NUMBER:

03493201 (England and Wales)

ACCOUNTANTS:

TC CH Limited

4 Office Village

Forder Way

Cygnet Park, Hampton

Peterborough

Cambridgeshire

PE7 8GX

FIXED ASSETS

Tangible assets

4

212,592

136,634

Investments

5

138,748

140,942

351,340

277,576

CURRENT ASSETS

Debtors

6

625,983

678,424

Cash at bank and in hand

490,987

400,262

1,116,970

1,078,686

CREDITORS

Amounts falling due within one year

7

163,925

197,353

NET CURRENT ASSETS

953,045

881,333

TOTAL ASSETS LESS CURRENT LIABILITIES

1,304,385

1,158,909

PROVISIONS FOR LIABILITIES

8

27,683

33,209

NET ASSETS

1,276,702

1,125,700

CAPITAL AND RESERVES

Called up share capital

1,005

1,005

Retained earnings

9

1,275,697

1,124,695

SHAREHOLDERS' FUNDS

1,276,702

1,125,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

K V Hull - Director

1.	STATUTORY INFORMATION

Premier Plus Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% on reducing balance

Computer equipment

-

25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

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.

Debtors

Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

13,174

197,462

63,245

238,535

512,416

Additions

-

8,804

119,990

18,869

147,663

Disposals

-

-

(10,750

)

-

(10,750

)

Reclassification/transfer

-

(800

)

-

(1,024

)

(1,824

)

At 30 April 2025

13,174

205,466

172,485

256,380

647,505

DEPRECIATION

At 1 May 2024

-

145,861

40,493

189,428

375,782

Charge for year

-

13,379

42,161

15,098

70,638

Eliminated on disposal

-

-

(10,267

)

-

(10,267

)

Reclassification/transfer

-

(463

)

-

(777

)

(1,240

)

At 30 April 2025

-

158,777

72,387

203,749

434,913

NET BOOK VALUE

At 30 April 2025

13,174

46,689

100,098

52,631

212,592

At 30 April 2024

13,174

51,601

22,752

49,107

136,634

5.	FIXED ASSET INVESTMENTS

Listed

Unlisted

investments

investments

Totals

£

£

£

COST OR VALUATION

At 1 May 2024

100,192

40,750

140,942

Disposals

(6,470

)

-

(6,470

)

Revaluations

4,276

-

4,276

At 30 April 2025

97,998

40,750

138,748

NET BOOK VALUE

At 30 April 2025

97,998

40,750

138,748

At 30 April 2024

100,192

40,750

140,942

Cost or valuation at 30 April 2025 is represented by:

Listed

Unlisted

investments

investments

Totals

£

£

£

Valuation in 2021

1,381

-

1,381

Valuation in 2023

5,170

-

5,170

Valuation in 2024

3,151

-

3,151

Valuation in 2025

4,276

-

4,276

Cost

84,020

40,750

124,770

97,998

40,750

138,748

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

467,363

476,363

Other debtors

-

93,000

Staff loans

10,453

25,322

Other loans

31,968

32,826

Directors' current accounts

61,957

-

Prepayments and accrued income

54,242

50,913

625,983

678,424

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,167

9,927

Trade creditors

-

8,341

Corporation tax

136,258

117,985

Social security and other taxes

12,300

9,687

Other creditors

4,200

2,609

Provision for clawbacks

-

48,804

163,925

197,353

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

27,683

33,209

Deferred

tax

£

Balance at 1 May 2024

33,209

Provided during year

(5,526

)

Balance at 30 April 2025

27,683

9.

RESERVES

Retained

earnings

£

At 1 May 2024

1,124,695

Profit for the year

393,235

Dividends

(242,233

)

At 30 April 2025

1,275,697

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

K V Hull

Balance outstanding at start of year

-

20,067

Amounts repaid

-

(20,067

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

N Hull

Balance outstanding at start of year

-

-

Amounts advanced

61,957

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

61,957

-

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £189,300 were paid to the directors .

As at the year end, the company was owed by Gainbrook Investment Limited £373,372 (2024 £382,372) by a connected company. This loan is unsecured, interest free and repayable on demand. The balance is included within other debtors.

As at the year end, the company was owed by Gainbrook Residential Limited £93,991 (2024 £93,991) by a connected company. This loan is unsecured, interest free and repayable on demand. The balance is included within other debtors.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is K V Hull.