Premier Performance CZ Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11345646

Premier Performance CZ Limited

Filleted Unaudited Financial Statements

For the year ended

30 June 2025

Premier Performance CZ Limited

Financial Statements

Year ended 30 June 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Premier Performance CZ Limited

Officers and Professional Advisers

DIRECTOR	C Zanna

COMPANY SECRETARY	C Zanna

REGISTERED OFFICE	Unit 19
	Colworth Park
	Sharnbrook
	Bedford
	MK44 1LQ

ACCOUNTANTS	Streets
	Chartered Accountants
	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	MK44 3BZ

BANKERS	Lloyds Bank
	Spindles Town Square Shopping Centre
	16 Market Place
	Oldham
	OL1 1JG

Premier Performance CZ Limited

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	512,301	536,297

Current assets

Stocks		23,845	21,578
Debtors	6	508,764	674,717
Cash at bank and in hand		455,450	252,126
		---------	---------
		988,059	948,421

Creditors: amounts falling due within one year	7	172,491	217,849
		---------	---------
Net current assets		815,568	730,572
		------------	------------
Total assets less current liabilities		1,327,869	1,266,869

Creditors: amounts falling due after more than one year	8	504,855	317,283

Provisions

Taxation including deferred tax	76,301	80,478
	------------	------------
Net assets	746,713	869,108
	------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	746,613	869,008
	---------	---------
Shareholders funds	746,713	869,108
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Premier Performance CZ Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 16 June 2026 , and are signed on behalf of the board by:

C Zanna
Director

Company registration number: 11345646

Premier Performance CZ Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 19, Colworth Park, Sharnbrook, Bedford, MK44 1LQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	5% - 25% on reducing balance per annum
Fixtures and fittings	-	25% on reducing balance per annum
Motor vehicles	-	25% on reducing balance per annum
Computer equipment	-	33% straight line per annum
Website	-	25% straight line per annum

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Defined contribution pension plans

Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided. In addition pension payments are made on behalf of the company director to an independent pension fund. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 9 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Computer equipment	Website	Total
	£	£	£	£	£	£
Cost
At 1 Jul 2024	489,381	5,468	68,500	19,002	17,297	599,648
Additions	6,185	1,084	102,570	697	9,195	119,731
Disposals	–	–	( 45,590)	–	( 17,297)	( 62,887)
	---------	-------	---------	--------	--------	---------
At 30 Jun 2025	495,566	6,552	125,480	19,699	9,195	656,492
	---------	-------	---------	--------	--------	---------
Depreciation
At 1 Jul 2024	20,763	1,271	15,698	8,322	17,297	63,351
Charge for the year	71,690	1,117	20,298	5,582	2,299	100,986
Disposals	–	–	( 2,849)	–	( 17,297)	( 20,146)
	---------	-------	---------	--------	--------	---------
At 30 Jun 2025	92,453	2,388	33,147	13,904	2,299	144,191
	---------	-------	---------	--------	--------	---------
Carrying amount
At 30 Jun 2025	403,113	4,164	92,333	5,795	6,896	512,301
	---------	-------	---------	--------	--------	---------
At 30 Jun 2024	468,618	4,197	52,802	10,680	–	536,297
	---------	-------	---------	--------	--------	---------

Included in tangible fixed assets are assets with a net book value of £455,414 (2024: £500,535) relating to assets held under finance leases or hire purchase agreements. The depreciation charged in the year in respect of the assets held under finance leases or hire purchase agreements amounted to £81,110 (2024: £21,365).

6. Debtors

	2025	2024
	£	£
Trade debtors	25,527	30,790
Amounts owed by group undertakings and undertakings in which the company has a participating interest	16,600	100
Other debtors	466,637	643,827
	---------	---------
	508,764	674,717
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	36,605	–
Trade creditors	90,899	42,216
Social security and other taxes	8,561	61,417
Other creditors	36,426	114,216
	---------	---------
	172,491	217,849
	---------	---------

Other creditors include liabilities under hire purchase and finance lease agreements totalling £18,979 (2024 £99,503). These liabilities are secured on the assets concerned.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	171,978	–
Other creditors	332,877	317,283
	---------	---------
	504,855	317,283
	---------	---------

Other creditors include liabilities under hire purchase and finance lease agreements totalling £332,877 (2024 £317,283). These liabilities are secured on the assets concerned.

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	76,301	80,478
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	119,618	134,074
Unused tax losses	( 43,317)	( 53,596)
	---------	---------
	76,301	80,478
	---------	---------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	27,982
	----	--------

11. Director's advances, credits and guarantees

The director maintains a loan account with the company. At the beginning of the year the director owed the company £236,685 (2024 £61,557). During the year there were advances of £42,067 (2024 £264,855) and repayments of £118,913 (2024 £89,727). At the reporting date the director owed the company £159,839 (2024 £236,685). Included in advances in the year was interest charged totalling £5,964 (2024 £3,585) and no amounts were written off.

12. Controlling party

During 2023 PPCZ (Holdings) Limited became the 100% parent company. The company is incorporated in England and Wales, with the Registered Office being Unit 19 Colworth Park, Sharnbrook, Bedford, United Kingdom, MK44 1LQ. The ultimate controlling party is Ms C Zanna .