Silverfin false false 31/10/2025 01/11/2024 31/10/2025 Alex James Wakeley 16/05/2016 Timothy James Wakeley 23/10/2003 16 March 2026 The principal activity of the Company during the financial year was that of supplying loft ladders. 04941576 2025-10-31 04941576 bus:Director1 2025-10-31 04941576 bus:Director2 2025-10-31 04941576 2024-10-31 04941576 core:CurrentFinancialInstruments 2025-10-31 04941576 core:CurrentFinancialInstruments 2024-10-31 04941576 core:ShareCapital 2025-10-31 04941576 core:ShareCapital 2024-10-31 04941576 core:RetainedEarningsAccumulatedLosses 2025-10-31 04941576 core:RetainedEarningsAccumulatedLosses 2024-10-31 04941576 core:FurnitureFittings 2024-10-31 04941576 core:ComputerEquipment 2024-10-31 04941576 core:FurnitureFittings 2025-10-31 04941576 core:ComputerEquipment 2025-10-31 04941576 bus:OrdinaryShareClass1 2025-10-31 04941576 2024-11-01 2025-10-31 04941576 bus:FilletedAccounts 2024-11-01 2025-10-31 04941576 bus:SmallEntities 2024-11-01 2025-10-31 04941576 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 04941576 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04941576 bus:Director1 2024-11-01 2025-10-31 04941576 bus:Director2 2024-11-01 2025-10-31 04941576 core:FurnitureFittings 2024-11-01 2025-10-31 04941576 core:ComputerEquipment 2024-11-01 2025-10-31 04941576 2023-11-01 2024-10-31 04941576 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 04941576 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04941576 (England and Wales)

# PREMIER LOFT LADDERS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 October 2025
Pages for filing with the registrar

PREMIER LOFT LADDERS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 October 2025

Contents

PREMIER LOFT LADDERS LIMITED

## COMPANY INFORMATION

For the financial year ended 31 October 2025
PREMIER LOFT LADDERS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 October 2025

DIRECTORS | Alex James Wakeley
| Timothy James Wakeley

SECRETARY | Janet Mary Wakeley

REGISTERED OFFICE | 2 Dawson Drive
| Trimley St Mary
| Felixstowe
| Suffolk
| IP11 0YW
| United Kingdom

COMPANY NUMBER | 04941576 (England and Wales)

CHARTERED ACCOUNTANTS | Gascoynes
| Gascoyne House
| Moseleys Farm Business Centre
| Fornham All Saints
| Bury St Edmunds
| Suffolk
| IP28 6JY

PREMIER LOFT LADDERS LIMITED

## BALANCE SHEET

As at 31 October 2025
PREMIER LOFT LADDERS LIMITED

## BALANCE SHEET (continued)

As at 31 October 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 5,499 |  | 7,332
|  | 5,499 |  | 7,332
Current assets |  |  |  |
Stocks |  | 55,813 |  | 55,145
Debtors | 4 | 74,819 |  | 52,171
Cash at bank and in hand |  | 343,828 |  | 290,709
|  | 474,460 |  | 398,025
Creditors: amounts falling due within one year | 5 | ( 127,277) |  | ( 89,250)
Net current assets |  | 347,183 |  | 308,775
Total assets less current liabilities |  | 352,682 |  | 316,107
Provision for liabilities | 6 | ( 1,045) |  | ( 1,393)
Net assets |  | 351,637 |  | 314,714
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account |  | 351,537 |  | 314,614
Total shareholders' funds |  | 351,637 |  | 314,714

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Premier Loft Ladders Limited (registered number: 04941576) were approved and authorised for issue by the Board of Directors on 16 March 2026. They were signed on its behalf by:

Timothy James Wakeley Director |

PREMIER LOFT LADDERS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025
PREMIER LOFT LADDERS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Premier Loft Ladders Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Dawson Drive, Trimley St Mary, Felixstowe, Suffolk, IP11 0YW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings | 25 % reducing balance
Computer equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 5 |  | 5

#### 3. Tangible assets

| Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 November 2024 | 13,450 |  | 9,542 |  | 22,992
At 31 October 2025 | 13,450 |  | 9,542 |  | 22,992
Accumulated depreciation |  |  |  |  |
At 01 November 2024 | 10,159 |  | 5,501 |  | 15,660
Charge for the financial year | 823 |  | 1,010 |  | 1,833
At 31 October 2025 | 10,982 |  | 6,511 |  | 17,493
Net book value |  |  |  |  |
At 31 October 2025 | 2,468 |  | 3,031 |  | 5,499
At 31 October 2024 | 3,291 |  | 4,041 |  | 7,332

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 70,006 |  | 47,436
Other debtors | 4,813 |  | 4,735
| 74,819 |  | 52,171

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 11,811 |  | 26,201
Taxation and social security | 58,838 |  | 16,834
Other creditors | 56,628 |  | 46,215
| 127,277 |  | 89,250

#### 6. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 1,045 |  | 1,393

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Related party transactions

The company was under the control of Mr T Wakeley throughout the current and previous year. Mr T Wakeley is the managing director and majority shareholder.
Amounts owed by the company to the Director are shown in the Creditors note above.
No further transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard FRS102 Section 1A (September 2015).