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Registration number: 05523260

Premier Gate Automation Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Premier Gate Automation Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Premier Gate Automation Limited

Company Information

Directors | R Warren J A Warren C L Ivimy N J James

Registered office | 3 Warners Mill Silks Way Braintree Essex United Kingdom CM7 3GB

Bankers | NatWest 63 High Street Wickford Essex SS12 9AH

Accountants | Lambert Chapman LLP Chartered accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Premier Gate Automation Limited

(Registration number: 05523260)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 15,146 | 17,040
Tangible assets | 5 | 390,318 | 360,461
|  | 405,464 | 377,501
Current assets |  |  |
Stocks | 6 | 6,025 | 5,800
Debtors | 7 | 136,241 | 140,406
Cash at bank and in hand |  | 272,504 | 369,005
|  | 414,770 | 515,211
Creditors: Amounts falling due within one year | 8 | (146,473) | (176,823)
Net current assets |  | 268,297 | 338,388
Total assets less current liabilities |  | 673,761 | 715,889
Provisions for liabilities |  | (13,449) | (10,231)
Net assets |  | 660,312 | 705,658
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 660,212 | 705,558
Shareholders' funds |  | 660,312 | 705,658

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Premier Gate Automation Limited

(Registration number: 05523260)
Balance Sheet as at 31 August 2025

Approved and authorised by the Board on 23 July 2026 and signed on its behalf by:

......................................... R Warren Director | ......................................... J A Warren Director |

Premier Gate Automation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB.

These financial statements were authorised for issue by the Board on 23 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of electric garage doors and gates and provision of installation services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Premier Gate Automation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 20% Straight line
Database costs | 10% Straight line

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 10% Straight line or nil depreciation
Plant and machinery | 15% Reducing balance
Fixtures, fittings and office equipment | 15% Reducing balance or 25% straight line
Motor vehicles | 25% Reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade debtors

Trade debtors are amounts due from customers for sale and installation of electric garage doors and gates performed in the ordinary course of business.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Premier Gate Automation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2024 - 10).

4 | Intangible assets

| Goodwill £ | Database costs £ | Total £
Cost or valuation
At 1 September 2024 | 216,015 | 18,939 | 234,954
At 31 August 2025 | 216,015 | 18,939 | 234,954
Amortisation
At 1 September 2024 | 216,015 | 1,899 | 217,914
Amortisation charge | - | 1,894 | 1,894
At 31 August 2025 | 216,015 | 3,793 | 219,808
Carrying amount
At 31 August 2025 | - | 15,146 | 15,146
At 31 August 2024 | - | 17,040 | 17,040

Premier Gate Automation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5 | Tangible assets

| Land and buildings £ | Fixtures, fittings and office equipment £ | Motor vehicles £ | Plant and machinery £ | Total £
Cost or valuation
At 1 September 2024 | 357,775 | 30,259 | 90,411 | 12,045 | 490,490
Additions | - | 4,655 | 51,225 | - | 55,880
Disposals | - | - | (37,248) | - | (37,248)
At 31 August 2025 | 357,775 | 34,914 | 104,388 | 12,045 | 509,122
Depreciation
At 1 September 2024 | 26,878 | 17,860 | 73,977 | 11,314 | 130,029
Charge for the year | 3,058 | 3,032 | 16,915 | 110 | 23,115
Eliminated on disposal | - | - | (34,340) | - | (34,340)
At 31 August 2025 | 29,936 | 20,892 | 56,552 | 11,424 | 118,804
Carrying amount
At 31 August 2025 | 327,839 | 14,022 | 47,836 | 621 | 390,318
At 31 August 2024 | 330,897 | 12,399 | 16,434 | 731 | 360,461

Premier Gate Automation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 6,025 | 5,800

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 128,923 | 131,514
Directors loan account | 820 | -
Prepayments | 6,498 | 8,892
| 136,241 | 140,406

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 41,325 | 11,795
Taxation and social security | 40,099 | 92,729
Accruals and deferred income | 39,276 | 13,993
Other creditors | 24,525 | 20,305
Directors loan | 1,248 | 38,001
| 146,473 | 176,823

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Premier Gate Automation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

10 | Related party transactions

Transactions with directors

2025 | At 1 September 2024 £ | Advances to director £ | Repayments by director £ | At 31 August 2025 £
R Warren
| (37,377) | 86,971 | (48,774) | 820