| Registered Number:NI652657 |
For the year ended 29 April 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 29 April 2025
Premier Clay Targets Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Premier Clay Targets Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
89,951
105,024
2
89,951
105,024
11,590
6,600
3
15,371
| Cash and cash equivalents |
17,143
23,743
26,961
| Trade and other payables: amounts falling due within one |
| year |
(59,569)
(60,556)
4
(32,608)
(36,813)
Net current liabilities
| Total assets less current liabilities |
53,138
72,416
| Trade and other payables: amounts falling due after more |
| than one year |
(62,649)
(37,086)
5
16,052
Net assets
9,767
400
400
30,000
30,000
(14,348)
(20,633)
16,052
9,767
Shareholders' funds
| For the year ended 29 April 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 of its financial statements for the year ended 29 April 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Matthew Nicholson Director |
| Mr William Reynolds Director |
| These financial statements were approved and authorised for issue by the Board on 12 January 2026 and were signed by: |
| The notes form part of these financial statements |
1 of 4
For the year ended 29 April 2025
Premier Clay Targets Ltd
Notes to the Financial Statements
Statutory Information
| Premier Clay Targets Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI652657. |
32 Dobbin Street
Armagh
BT61 7QQ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
2 of 4
For the year ended 29 April 2025
Premier Clay Targets Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
195,729
185,997
9,732
9,732
185,997
195,729
| Provision for depreciation and impairment |
90,705
88,757
1,948
Charge for year
15,073
14,586
487
105,778
103,343
2,435
7,297
82,654
89,951
7,784
97,240
105,024
2024
2025
6,600
11,590
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
5,861
5,861
| Taxation and social security |
3,777
1,884
50,918
51,824
60,556
59,569
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
2,346
7,909
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
34,740
54,740
37,086
62,649
3 of 4
For the year ended 29 April 2025
Premier Clay Targets Ltd
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
4 of 4