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Company Registration No. 12057996 (England and Wales)
Premier Tech Distribution Ltd Unaudited accounts for the year ended 30 June 2025
Premier Tech Distribution Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Premier Tech Distribution Ltd Company Information for the year ended 30 June 2025
Directors
Gurdit Singh Punia Mankiran Kaur Punia
Company Number
12057996 (England and Wales)
Registered Office
2 Summerhouse Avenue Hounslow TW5 9DA United Kingdom
Accountants
Majestic Accountants Limited Profile West, Suite E Ground Floor, 950 Great West Road Brentford Middlesex TW8 9ES
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Premier Tech Distribution Ltd for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Premier Tech Distribution Ltd for the year ended 30 June 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Majestic Accountants Limited Chartered Accountants Profile West, Suite E Ground Floor, 950 Great West Road Brentford Middlesex TW8 9ES 10 April 2026
- 4 -
Premier Tech Distribution Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
13,972
14,942
Tangible assets
5
193,437
198,013
207,409
212,955
Current assets
Inventories
44,112
69,112
Debtors
6
183,350
152,729
Cash at bank and in hand
140,685
31,556
368,147
253,397
Creditors: amounts falling due within one year
7
(73,908)
(111,138)
Net current assets
294,239
142,259
Total assets less current liabilities
501,648
355,214
Creditors: amounts falling due after more than one year
8
(195,669)
(107,869)
Net assets
305,979
247,345
Capital and reserves
Called up share capital
100
100
Profit and loss account
305,879
247,245
Shareholders' funds
305,979
247,345
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. 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 1 July 2026 and were signed on its behalf by
Gurdit Singh Punia Director Company Registration No. 12057996
- 5 -
Premier Tech Distribution Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Premier Tech Distribution Ltd is a private company, limited by shares, registered in England and Wales, registration number 12057996. The registered office is 2 Summerhouse Avenue, Hounslow, TW5 9DA, United Kingdom.
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.
3
Accounting policies
These financial statements for the year ended 30 June 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
has been depreciated using the straight line method over 10 years
Fixtures & fittings
has been depreciated using the straight line method over 10 years
Computer equipment
has been depreciated using the straight line method over 6 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 July 2024
17,470
At 30 June 2025
17,470
Amortisation
At 1 July 2024
2,528
Charge for the year
970
At 30 June 2025
3,498
Net book value
At 30 June 2025
13,972
At 30 June 2024
14,942
- 6 -
Premier Tech Distribution Ltd Notes to the Accounts for the year ended 30 June 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
140,145
64,554
14,167
218,866
Additions
46,131
-
-
46,131
Disposals
-
(38,567)
-
(38,567)
At 30 June 2025
186,276
25,987
14,167
226,430
Depreciation
At 1 July 2024
9,860
8,632
2,361
20,853
Charge for the year
15,821
2,590
2,361
20,772
On disposals
-
(8,632)
-
(8,632)
At 30 June 2025
25,681
2,590
4,722
32,993
Net book value
At 30 June 2025
160,595
23,397
9,445
193,437
At 30 June 2024
130,285
55,922
11,806
198,013
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
8,629
Trade debtors
-
39,600
Other debtors
50,351
104,500
50,351
152,729
Amounts falling due after more than one year
Other debtors
132,999
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,253
-
Obligations under finance leases and hire purchase contracts
26,959
30,892
Trade creditors
-
1,872
Taxes and social security
43,560
39,926
Other creditors
-
10,945
Loans from directors
236
26,603
Accruals
900
900
73,908
111,138
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
176,772
86,513
Other creditors
18,897
21,356
195,669
107,869
- 7 -
Premier Tech Distribution Ltd Notes to the Accounts for the year ended 30 June 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 8 -