Premier Line Markings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08401818 (England and Wales)

PREMIER LINE MARKINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

P F Hopkins

Mrs J M Yates

REGISTERED OFFICE:

26 Park Road

Melton Mowbray

Leicestershire

LE13 1TT

REGISTERED NUMBER:

08401818 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

26 Park Road

Melton Mowbray

Leicestershire

LE13 1TT

FIXED ASSETS

Intangible assets

4

-

Property, plant and equipment

5

15,018

18,290

15,018

18,290

CURRENT ASSETS

Inventories

5,500

Debtors

6

57,190

63,404

Cash at bank

14,219

11,494

76,909

80,398

CREDITORS

Amounts falling due within one year

7

40,837

39,056

NET CURRENT ASSETS

36,072

41,342

TOTAL ASSETS LESS CURRENT LIABILITIES

51,090

59,632

CREDITORS

Amounts falling due after more than one
year

8

(5,556

)

(13,889

)

PROVISIONS FOR LIABILITIES

(3,755

)

(4,847

)

NET ASSETS

41,779

40,896

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

41,679

40,796

SHAREHOLDERS' FUNDS

41,779

40,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

P F Hopkins - Director

1.	STATUTORY INFORMATION

Premier Line Markings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventories

Inventories are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

150,000

AMORTISATION

At 1 April 2025

and 31 March 2026

150,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2025

89,963

Additions

916

Disposals

(2,871

)

At 31 March 2026

88,008

DEPRECIATION

At 1 April 2025

71,673

Charge for year

3,604

Eliminated on disposal

(2,287

)

At 31 March 2026

72,990

NET BOOK VALUE

At 31 March 2026

15,018

At 31 March 2025

18,290

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

16,278

19,248

Directors' current accounts

38,750

41,870

Prepayments

2,162

2,286

57,190

63,404

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

8,333

Trade creditors

55

254

Taxation

26,959

26,435

Other taxes and social security

2,626

1,118

Accrued expenses

2,864

2,916

40,837

39,056

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans - 1-2 years

5,556

8,333

Bank loans - 2-5 years

-

5,556

13,889

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

P F Hopkins

Balance outstanding at start of year

20,935

22,868

Amounts advanced

3,956

-

Amounts repaid

(5,516

)

(1,933

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

19,375

20,935

Mrs J M Yates

Balance outstanding at start of year

20,935

22,869

Amounts advanced

3,956

-

Amounts repaid

(5,516

)

(1,934

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

19,375

20,935

Loans to directors are interest free and repayable on demand.