1 July 2024 false No description of principal activity Taxfiler 2024.6 07297325 business:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 07297325 2024-06-30 07297325 2024-07-01 2025-06-30 07297325 business:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 07297325 business:FilletedAccounts 2024-07-01 2025-06-30 07297325 2025-06-30 07297325 business:Director1 2024-07-01 2025-06-30 07297325 business:RegisteredOffice 2024-07-01 2025-06-30 07297325 2024-06-30 07297325 core:WithinOneYear 2025-06-30 07297325 core:WithinOneYear 2024-06-30 07297325 core:AfterOneYear 2025-06-30 07297325 core:AfterOneYear 2024-06-30 07297325 core:ShareCapital core:PreviouslyStatedAmount 2025-06-30 07297325 core:ShareCapital core:PreviouslyStatedAmount 2024-06-30 07297325 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-06-30 07297325 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-06-30 07297325 core:PreviouslyStatedAmount 2025-06-30 07297325 core:PreviouslyStatedAmount 2024-06-30 07297325 business:SmallEntities 2024-07-01 2025-06-30 07297325 countries:EnglandWales 2024-07-01 2025-06-30 07297325 core:PlantMachinery 2024-07-01 2025-06-30 07297325 core:PlantMachinery 2024-06-30 07297325 core:PlantMachinery 2025-06-30 07297325 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company Registration No. 07297325 (England and Wales)
PREMIER AVE. LTD Unaudited accounts for the year ended 30 June 2025
PREMIER AVE. LTD Company Information for the year ended 30 June 2025
Director
Morakinyo Awosanya
Company Number
07297325 (England and Wales)
Registered Office
UNIT G18, BARKING ENTERPRISE CENTRE 2 50 WAKERING ROAD BARKING IG11 8GN ENGLAND
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PREMIER AVE. LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
11,683
9,245
Current assets
Debtors
5
3,453
19,747
Cash at bank and in hand
219
15,618
3,672
35,365
Creditors: amounts falling due within one year
6
(51,967)
(61,794)
Net current liabilities
(48,295)
(26,429)
Total assets less current liabilities
(36,612)
(17,184)
Creditors: amounts falling due after more than one year
7
(2,292)
-
Net liabilities
(38,904)
(17,184)
Capital and reserves
Called up share capital
10
10
Profit and loss account
(38,914)
(17,194)
Shareholders' funds
(38,904)
(17,184)
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 director acknowledges his 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 and authorised for issue on 30 June 2026 and were signed on its behalf by
Morakinyo Awosanya Director Company Registration No. 07297325
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PREMIER AVE. LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
PREMIER AVE. LTD is a private company, limited by shares, registered in England and Wales, registration number 07297325. The registered office is UNIT G18, BARKING ENTERPRISE CENTRE 2, 50 WAKERING ROAD, BARKING, IG11 8GN, ENGLAND.
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
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.
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:
Plant & machinery
20% straight line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
21,408
Additions
6,244
At 30 June 2025
27,652
Depreciation
At 1 July 2024
12,163
Charge for the year
3,806
At 30 June 2025
15,969
Net book value
At 30 June 2025
11,683
At 30 June 2024
9,245
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PREMIER AVE. LTD Notes to the Accounts for the year ended 30 June 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,399
19,747
Other debtors
54
-
3,453
19,747
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
4,574
VAT
1,261
6,178
Trade creditors
2,390
1,803
Taxes and social security
686
-
Other creditors
21,295
5,628
Loans from directors
26,335
23,933
Accruals
-
19,678
51,967
61,794
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,292
-
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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