Premier Expert Ltd - Filleted accounts

Registered number

11588863

Premier Expert Ltd

Filleted Accounts

31 March 2025

Premier Expert Ltd
Registered number:		11588863
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		62,336			82,033

Current assets
Debtors	4	2,093			50,000
Cash at bank and in hand		212,326			130,355
		214,419			180,355

Creditors: amounts falling due within one year	5	(54,972)			(42,674)

Net current assets			159,447			137,681

Total assets less current liabilities			221,783			219,714

Creditors: amounts falling due after more than one year	6		(4,252)			(1,578)



Net assets			217,531			218,136

Capital and reserves
Called up share capital			3			3
Profit and loss account			217,528			218,133

Shareholders' funds			217,531			218,136

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Shazad Amin
Director
Approved by the board on 22 September 2025

Premier Expert Ltd
Notes to the Accounts
for the year ended 31 March 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	25% reducing balance
	Office equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		3

3	Tangible fixed assets
		Office equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	6,201		79,412		85,613
	Additions	1,083		-		1,083
	At 31 March 2025	7,284		79,412		86,696

	Depreciation
	At 1 April 2024	3,199		381		3,580
	Charge for the year	1,022		19,758		20,780
	At 31 March 2025	4,221		20,139		24,360

	Net book value
	At 31 March 2025	3,063		59,273		62,336
	At 31 March 2024	3,002		79,031		82,033


4	Debtors			2025		2024
£					£

	Other debtors			2,093		50,000


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			-		700
	Taxation and social security costs			54,263		38,131
	Other creditors			709		3,843
				54,972		42,674


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors			4,252		1,578

7	Other information

	Premier Expert Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	107 Farmingham Road
	Sale
	Manchester
	M33 3RL