1 April 2024 false No description of principal activity Taxfiler 2024.6 14747665business:PrivateLimitedCompanyLtd2024-04-012025-03-31 147476652024-03-31 147476652024-04-012025-03-31 14747665business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 14747665business:FilletedAccounts2024-04-012025-03-31 147476652025-03-31 14747665business:Director12024-04-012025-03-31 14747665business:Director22024-04-012025-03-31 147476652024-03-31 14747665core:WithinOneYear2025-03-31 14747665core:WithinOneYear2024-03-31 14747665core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 14747665core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14747665core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 14747665core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14747665core:PreviouslyStatedAmount2025-03-31 14747665core:PreviouslyStatedAmount2024-03-31 14747665business:SmallEntities2024-04-012025-03-31 14747665countries:EnglandWales2024-04-012025-03-31 14747665core:MotorVehicles2024-04-012025-03-31 14747665core:ComputerEquipment2024-04-012025-03-31 14747665core:MotorVehicles2024-03-31 14747665core:ComputerEquipment2024-03-31 14747665core:MotorVehicles2025-03-31 14747665core:ComputerEquipment2025-03-31 147476652023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14747665 (England and Wales)
Premier Gas Ltd Unaudited accounts for the year ended 31 March 2025
Premier Gas Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Premier Gas Ltd Company Information for the year ended 31 March 2025
Directors
Prabhjot Kaur Lakhwinder Singh
Company Number
14747665 (England and Wales)
- 3 -
Premier Gas Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
9,812 
5,449 
Current assets
Inventories
2,500 
- 
Debtors
5
- 
3,309 
Cash at bank and in hand
15,549 
14,723 
18,049 
18,032 
Creditors: amounts falling due within one year
6
(11,743)
(15,508)
Net current assets
6,306 
2,524 
Net assets
16,118 
7,973 
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
15,968 
7,823 
Shareholders' funds
16,118 
7,973 
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2025 and were signed on its behalf by
Lakhwinder Singh Director Company Registration No. 14747665
- 4 -
Premier Gas Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Premier Gas Ltd is a private company, limited by shares, registered in England and Wales, registration number 14747665.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reduce balance basis
Computer equipment
20% reduce balance basis
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
6,947 
479 
7,426 
Additions
11,202 
824 
12,026 
Disposals
(6,947)
- 
(6,947)
At 31 March 2025
11,202 
1,303 
12,505 
Depreciation
At 1 April 2024
1,737 
240 
1,977 
Charge for the year
2,240 
213 
2,453 
On disposals
(1,737)
- 
(1,737)
At 31 March 2025
2,240 
453 
2,693 
Net book value
At 31 March 2025
8,962 
850 
9,812 
At 31 March 2024
5,210 
239 
5,449 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,309 
- 5 -
Premier Gas Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
202 
- 
Taxes and social security
1,359 
2,851 
Loans from directors
10,182 
11,457 
Accruals
- 
1,200 
11,743 
15,508 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -