Company registration number 4550489 (England and Wales)
PREMIERE CHAUFFEUR DRIVE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
PREMIERE CHAUFFEUR DRIVE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
PREMIERE CHAUFFEUR DRIVE LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
4,003,808
3,806,472
Current assets
Debtors
4
2,062,512
1,432,279
Cash at bank and in hand
1,287,587
2,560,028
3,350,099
3,992,307
Creditors: amounts falling due within one year
5
(565,560)
(479,300)
Net current assets
2,784,539
3,513,007
Total assets less current liabilities
6,788,347
7,319,479
Creditors: amounts falling due after more than one year
6
(10,914,287)
(11,168,460)
Net liabilities
(4,125,940)
(3,848,981)
Capital and reserves
Called up share capital
1,500,001
1,500,001
Profit and loss reserves
8
(5,625,941)
(5,348,982)
Total equity
(4,125,940)
(3,848,981)
PREMIERE CHAUFFEUR DRIVE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -
For the financial year ended 31 October 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
31st October 2024 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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 9 June 2026
Iman Mudhar
Director
Company registration number 4550489 (England and Wales)
PREMIERE CHAUFFEUR DRIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information
Premiere Chauffeur Drive 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.
1.1
Basis of preparation
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.
1.2
Going concern
The company is reliant on the continued support of its director to continue trading. On this basis the financialtrue
statements have been prepared on a going concern basis.The financial statements do not include any adjustments
that may be required from a withdrawal of such financial support.
1.3
Revenue
Turnover represents net invoiced sales of services, excluding value added tax.
1.4
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Freehold property
2% on cost
Improvements to property
2% on cost
Fixtures and fittings
25% on reducing balance
Motor vehicles
25% on reducing balance
1.5
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income 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.
PREMIERE CHAUFFEUR DRIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.
1.7
Leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
17
18
3
Tangible fixed assets
Freehold property
Improvements to property
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 November 2024
1,287,660
89,754
30,796
5,597,676
7,005,886
Additions
9,423
1,749,182
1,758,605
Disposals
(1,306,260)
(1,306,260)
At 31 October 2025
1,287,660
89,754
40,219
6,040,598
7,458,231
Depreciation and impairment
At 1 November 2024
154,520
16,155
14,939
3,013,800
3,199,414
Depreciation charged in the year
17,169
1,795
6,320
991,591
1,016,875
Eliminated in respect of disposals
(761,866)
(761,866)
At 31 October 2025
171,689
17,950
21,259
3,243,525
3,454,423
Carrying amount
At 31 October 2025
1,115,971
71,804
18,960
2,797,073
4,003,808
At 31 October 2024
1,133,140
73,599
15,857
2,583,876
3,806,472
PREMIERE CHAUFFEUR DRIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,048,509
551,182
Other debtors
52,358
30,143
1,100,867
581,325
Deferred tax asset
961,645
850,954
2,062,512
1,432,279
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
204,165
189,344
Taxation and social security
333,344
261,888
Other creditors
28,051
28,068
565,560
479,300
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
10,914,287
11,168,460
7
Deferred taxation
The following are the major deferred tax liabilities and assets recognised by the company:
Assets
Assets
2025
2024
Balances:
£
£
Deferred tax
961,645
850,954
2025
Movements in the year:
£
Asset at 1 November 2024
(850,954)
Credit to profit or loss
(110,691)
Asset at 31 October 2025
(961,645)
PREMIERE CHAUFFEUR DRIVE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 6 -
8
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
(5,348,982)
(4,556,863)
Adjusted balance
(5,348,982)
(4,556,863)
Loss for the year
(276,959)
(792,119)
At the end of the year
(5,625,941)
(5,348,982)