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Registered number: 08430341
Premier Insurance Brokers Ltd
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW
Premier Insurance Brokers Ltd
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
Steven Donald Morley
SECRETARY
Kirsty Ann Morley
REGISTERED OFFICE
9 Farington Way
Eastwood
Nottingham
Nottinghamshire
NG16 3BF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08430341
BANKERS
Santander
ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW
Premier Insurance Brokers Ltd
ACCOUNTS
FOR THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Premier Insurance Brokers Ltd
BALANCE SHEET AT 31 March 2025
20252024
Notes££
FIXED ASSETS
Intangible assets31,6061,977
Tangible assets4592,407579,330
594,013581,307
CURRENT ASSETS
Debtors54,71315,314
Current Asset Investments6180,001180,001
Cash at bank and in hand75,33248,247
260,046243,562
CREDITORS: Amounts falling due within one year762,736101,724
NET CURRENT ASSETS197,310141,838
TOTAL ASSETS LESS CURRENT LIABILITIES791,323723,145
PROVISIONS FOR LIABILITIES AND CHARGES812,4916,161
NET ASSETS778,832716,984
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account778,732716,884
SHAREHOLDERS' FUNDS778,832716,984
For the year ending 31 March 2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13 November 2025 and signed on their behalf by
.............................
Steven Donald Morley
Director
Premier Insurance Brokers Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Plant and Machineryreducing balance 15%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees77
Premier Insurance Brokers Ltd
3. INTANGIBLE FIXED ASSETS
Development
CostsTotal
££
Cost
At 1 April 202415,35015,350
At 31 March 202515,35015,350
Depreciation
At 1 April 202413,37313,373
For the year371371
At 31 March 202513,74413,744
Net Book Amounts
At 31 March 20251,6061,606
At 31 March 20241,9771,977
4. TANGIBLE FIXED ASSETS
Land AndPlant andFixtures
BuildingsMachineryand FittingsEquipmentMotor CarsTotal
££££££
Cost
At 1 April 2024612,26415,99037,07216,24621,105702,677
Additions-22,06214,6591,777-38,498
At 31 March 2025612,26438,05251,73118,02321,105741,175
Depreciation
At 1 April 202457,58111,94431,4359,93212,455123,347
Disposals----2,1632,163
For the year12,2453,9165,0742,023-23,258
At 31 March 202569,82615,86036,50911,95514,618148,768
Net Book Amounts
At 31 March 2025542,43822,19215,2226,0686,487592,407
At 31 March 2024554,6834,0465,6376,3148,650579,330
5. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors-6,500
Prepayments4,7133,410
Directors current account-5,404
4,71315,314
Premier Insurance Brokers Ltd
6. CURRENT ASSET INVESTMENTS
20252024
££
Other investments180,001180,001
180,001180,001
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax59,36899,125
PAYE control1,580811
Salaries and wages control288288
Accruals1,5001,500
62,736101,724
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation12,4916,161
12,4916,161
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
90 Ordinary shares of £1 each9090
10 Class B shares of £1 each1010
100100
10. CONTROLLING PARTY
The company is controlled by Mr and Mrs Morley who control 90% of the company.