Premier Homes (Fraserburgh) Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: SC740279

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	151,365		49,758
Debtors	5	2,754		1,153
Cash at bank and in hand		2,192		1,319

		156,311		52,230
Creditors: Amounts Falling Due Within One Year	6	(164,515 )		(56,606 )

NET CURRENT ASSETS (LIABILITIES)			(8,204 )		(4,376 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,204 )		(4,376 )

NET LIABILITIES			(8,204 )		(4,376 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(8,304 )		(4,476 )

SHAREHOLDERS' FUNDS			(8,204)		(4,376)

For the year ending 31 August 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 Gordon Farquhar

Director

18/11/2025

The notes on page 2 form part of these financial statements.

1. General Information

Premier Homes (Fraserburgh) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC740279 . The registered office is Mosscroft , Fraserburgh, Aberdeenshire, AB43 7EJ.

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. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Stocks

	2025	2024
	£	£
Work in progress	151,365	49,758

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	2,754	1,153

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	3,992
Other taxes and social security	517	-
Other creditors	18,692	16,626
Accruals and deferred income	629	629
Directors' loan accounts	144,677	35,359

	164,515	56,606

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100