Company Registration No. 05591229 (England and Wales)
Premier Heating Solutions Limited
Unaudited accounts
for the year ended 30 April 2026
Premier Heating Solutions Limited
Unaudited accounts
Contents
Premier Heating Solutions Limited
Statement of financial position
as at 30 April 2026
Intangible assets
60,000
70,000
Tangible assets
954,447
988,218
Inventories
649,295
446,750
Creditors: amounts falling due within one year
(986,067)
(861,689)
Net current assets
477,926
32,097
Total assets less current liabilities
1,492,373
1,090,315
Creditors: amounts falling due after more than one year
(875,231)
(687,304)
Provisions for liabilities
Deferred tax
(2,925)
(2,925)
Net assets
614,217
400,086
Called up share capital
100
100
Profit and loss account
614,117
399,986
Shareholders' funds
614,217
400,086
For the year ending 30 April 2026 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by
Philip Mulvenna
Director
Company Registration No. 05591229
Premier Heating Solutions Limited
Notes to the Accounts
for the year ended 30 April 2026
Premier Heating Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 05591229. The registered office is 19 Horseshoe Park Horseshoe Road, Pangbourne, Berkshire, RG8 7JW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
15% Reducing Balance
Computer equipment
15% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Premier Heating Solutions Limited
Notes to the Accounts
for the year ended 30 April 2026
4
Intangible fixed assets
Goodwill
Charge for the year
10,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2025
350,000
67,196
789,651
49,437
1,256,284
Additions
-
-
149,127
953
150,080
Disposals
-
-
(268,428)
-
(268,428)
At 30 April 2026
350,000
67,196
670,350
50,390
1,137,936
At 1 May 2025
-
62,397
156,232
49,437
268,066
Charge for the year
-
240
20,343
48
20,631
On disposals
-
-
(105,208)
-
(105,208)
At 30 April 2026
-
62,637
71,367
49,485
183,489
At 30 April 2026
350,000
4,559
598,983
905
954,447
At 30 April 2025
350,000
4,799
633,419
-
988,218
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
478,578
521,335
Amounts falling due within one year
Trade debtors
76,989
23,975
Accrued income and prepayments
298,651
211,681
Other debtors
439,058
211,380
Premier Heating Solutions Limited
Notes to the Accounts
for the year ended 30 April 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
170,869
144,803
Obligations under finance leases and hire purchase contracts
30,000
29,438
Trade creditors
481,882
440,138
Taxes and social security
176,529
85,412
Other creditors
89,706
147,509
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
480,102
300,619
Obligations under finance leases and hire purchase contracts
395,129
356,685
The ultimate parent company is The Stanley James Group Ltd (Company number 15739298)
The registered office of The Stanley James Group Ltd is 19 Horseshoe Park, Pangbourne, Reading, England, RG8 7JW
10
Average number of employees
During the year the average number of employees was 36 (2025: 29).