11016923falseVEHICLE IMOBOLISATION AND LOCKS2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 11016923

PREMIER AUTOLOCKS LTD

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

JAN G GROMADZKI

CHARTERED ACCOUNTANT

13 WOLVERHAMPTON ROAD

CODSALL

WOLVERHAMPTON

WEST MIDLANDS

WV8 1PT

PREMIER AUTOLOCKS LTD

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

MRS KIRAN PREEA JHANGRA

REGISTERED OFFICE

13 WOLVERHAMPTON ROAD

CODSALL

WOLVERHAMPTON

WEST MIDLANDS

WV8 1PT

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 11016923

BANKERS

BARCLAYS BANK UK PLC

ACCOUNTANTS

JAN G GROMADZKI

CHARTERED ACCOUNTANT

13 WOLVERHAMPTON ROAD

CODSALL

WOLVERHAMPTON

WEST MIDLANDS

WV8 1PT

PREMIER AUTOLOCKS LTD

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

PREMIER AUTOLOCKS LTD

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		2				4,801				5,451
CURRENT ASSETS
Stock				3,060				3,410
Debtors		4		124,006				84,878
Cash at bank and in hand				14,620				58,754
				141,686				147,042
CREDITORS: Amounts falling due within one year		5		70,477				76,267
NET CURRENT ASSETS						71,209				70,775
TOTAL ASSETS LESS CURRENT LIABILITIES						76,010				76,226
PROVISIONS FOR LIABILITIES AND CHARGES		7				639				955
NET ASSETS						75,371				75,271
CAPITAL AND RESERVES
Called up share capital		8				10				10
Profit and loss account						75,361				75,261
SHAREHOLDERS' FUNDS						75,371				75,271
For the year ending 31/03/2025 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 24/11/2025 and signed on their behalf by
.............................
MRS KIRAN PREEA JHANGRA
Director

PREMIER AUTOLOCKS LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

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 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipment		straight line10%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Basis Of Accounting FRS 1021 a

The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.

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 .

1e. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts, derived from ordinary activities.

PREMIER AUTOLOCKS LTD

2. TANGIBLE FIXED ASSETS
		Equipment		Total
		£		£
Cost
At 01/04/2024		10,755		10,755
Additions		428		428
Disposals		(400)		(400)
At 31/03/2025		10,783		10,783
Depreciation
At 01/04/2024		5,304		5,304
Disposals		(400)		(400)
For the year		1,078		1,078
At 31/03/2025		5,982		5,982
Net Book Amounts
At 31/03/2025		4,801		4,801
At 31/03/2024		5,451		5,451

3. STOCK				2025		2024
				£		£
Stock comprises:
Stock				3,060		3,410
				3,060		3,410

4. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Jhangra Estates Limited				124,000		84,000
Prepayments				6		878
				124,006		84,878

PREMIER AUTOLOCKS LTD

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				18,415		17,881
PAYE control				11,711		2,543
Salaries and wages control				-		2,800
Directors current account				28,412		40,824
Trade creditors				8,684		8,340
Accruals				3,255		3,879
				70,477		76,267

6. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				2		2
Key management personnel is restricted to that of the director.

7. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Deferred taxation				639		955
				639		955

8. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each				10		10
				10		10

9. CONTROLLING PARTY

The company is wholly owned by the director Mrs K P Jhangra.

PREMIER AUTOLOCKS LTD

10. RELATED PARTY TRANSACTIONS

The director Mrs K P Jhangra received a dividend of £ 2,000 in the year to 31 March 2025 (2024 - £ 2,000).

11. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY

The company operates within the immobalisation and locks of motor vehicles industry, all of which is carried out within the United Kingdom.

12. GENERAL INFORMATION

Premier Autolocks Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.

The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.