REGISTERED NUMBER: 03459577 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

PREMIER INTERNATIONAL FREIGHT LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

830

10,820

CURRENT ASSETS

Debtors

5

1,235,454

2,555,074

Cash at bank and in hand

67,862

86,322

1,303,316

2,641,396

CREDITORS

Amounts falling due within one year

6

(318,239

)

(727,746

)

NET CURRENT ASSETS

985,077

1,913,650

TOTAL ASSETS LESS CURRENT LIABILITIES

985,907

1,924,470

CREDITORS

Amounts falling due after more than one year

7

(26,154

)

(37,375

)

PROVISIONS FOR LIABILITIES

-

(2,705

)

NET ASSETS

959,753

1,884,390

CAPITAL AND RESERVES

Called up share capital

250

250

Retained earnings

959,503

1,884,140

959,753

1,884,390

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2025 and were signed on its behalf by:

J P Sykes - Director

1.	STATUTORY INFORMATION

Premier International Freight Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03459577

Registered office:

5 Brooklands Place

Brooklands Road

Sale

Cheshire

M33 3SD

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.

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.

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2024

46,048

Additions

934

Disposals

(46,048

)

At 30 April 2025

934

DEPRECIATION

At 1 May 2024

35,228

Charge for year

1,186

Eliminated on disposal

(36,310

)

At 30 April 2025

104

NET BOOK VALUE

At 30 April 2025

830

At 30 April 2024

10,820

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

101,714

422,547

Amounts owed by group undertakings

29,043

45,150

Other debtors

7,411

68,796

138,168

536,493

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,097,286

2,018,581

Aggregate amounts

1,235,454

2,555,074

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

137,859

322,924

Taxation and social security

40,260

41,669

Other creditors

140,120

363,153

318,239

727,746

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

26,154

37,375

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Invoice finance facility

-

155,206

The invoice finance facility is secured with and fixed and floating charge over all the company's assets.

9.	RELATED PARTY DISCLOSURES

Included within debtors is an amount due from the company's parent company of £1,104,760 (2024: £2,063,731). No interest was charged on this loan.