Premier Engineering (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11027789 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

PREMIER ENGINEERING (HOLDINGS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B A Richards

SECRETARY:

Mrs L A Richards

REGISTERED OFFICE:

36-40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

REGISTERED NUMBER:

11027789 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Tangible assets

4

99,072

200,455

Investments

5

2

Investment property

6

2,009,153

929,074

2,108,227

1,129,531

CURRENT ASSETS

Debtors

7

259,468

317,100

Cash at bank

5,995

10,996

265,463

328,096

CREDITORS

Amounts falling due within one year

8

44,330

64,535

NET CURRENT ASSETS

221,133

263,561

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,329,360

1,393,092

CREDITORS

Amounts falling due after more than one
year

9

(255,601

)

(279,273

)

PROVISIONS FOR LIABILITIES

12

(273,791

)

(34,627

)

NET ASSETS

1,799,968

1,079,192

CAPITAL AND RESERVES

Called up share capital

13

100

Fair value reserve

14

819,996

-

Retained earnings

979,872

1,079,092

SHAREHOLDERS' FUNDS

1,799,968

1,079,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 January 2026 and were signed by:

B A Richards - Director

1.	STATUTORY INFORMATION

Premier Engineering (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Premier Engineering (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 August 2024

342,003

3,924

8,800

354,727

Disposals

(171,009

)

-

(171,009

)

At 31 July 2025

170,994

3,924

8,800

183,718

DEPRECIATION

At 1 August 2024

146,167

1,573

6,532

154,272

Charge for year

10,570

235

454

11,259

Eliminated on disposal

(80,885

)

-

(80,885

)

At 31 July 2025

75,852

1,808

6,986

84,646

NET BOOK VALUE

At 31 July 2025

95,142

2,116

1,814

99,072

At 31 July 2024

195,836

2,351

2,268

200,455

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2024

and 31 July 2025

2

NET BOOK VALUE

At 31 July 2025

2

At 31 July 2024

2

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Premier Engineering (Yorkshire) Limited

Registered office: Imperial Works, Carrwood Road, Grange Lane Industrial Estate, Barnsley, South Yorkshire S71 5AS

Nature of business: Steel fabrication

%

Class of shares:

holding

ordinary

100.00

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

929,074

Revaluations

1,080,079

At 31 July 2025

2,009,153

NET BOOK VALUE

At 31 July 2025

2,009,153

At 31 July 2024

929,074

Fair value at 31 July 2025 is represented by:

£

Valuation in 2025

1,080,079

Cost

929,074

2,009,153

If freehold land and property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

929,074

Freehold land and property was valued on an open market basis on 31 July 2025 by the company directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

8,000

-

Other debtors

173,994

272,682

Directors' current accounts

72,140

43,574

VAT

4,500

-

Prepayments

834

844

259,468

317,100

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 10)

23,996

22,725

Hire purchase contracts

-

6,560

Tax

18,719

29,210

VAT

-

4,500

Accrued expenses

1,615

1,540

44,330

64,535

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 10)

255,601

279,273

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

189,784

207,885

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

23,996

22,725

Amounts falling due between one and two years:

Bank loans - 1-2 years

14,583

23,996

Amounts falling due between two and five years:

Bank loans - 2-5 years

51,234

47,392

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

189,784

207,885

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

-

6,560

Secured bank loan

268,768

281,246

268,768

287,806

National Westminster Bank plc holds a fixed and floating charge over the assets of the company.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

273,791

34,627

Deferred

tax

£

Balance at 1 August 2024

34,627

Charge to Profit & Loss Account and Retained Earnings during year

239,164

Balance at 31 July 2025

273,791

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

ordinary

£1

100

14.

RESERVES

Fair

value

reserve

£

Transfer of reserves

819,996

At 31 July 2025

819,996

15.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

B A Richards

Balance outstanding at start of year

43,573

51,369

Amounts advanced

28,567

-

Amounts repaid

-

(7,796

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

72,140

43,573