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Company Registration No. 14747665 (England and Wales)
Premier Gas Ltd Unaudited accounts for the year ended 31 March 2026
Premier Gas Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Premier Gas Ltd Company Information for the year ended 31 March 2026
Directors
Prabhjot Kaur Lakhwinder Singh
Company Number
14747665 (England and Wales)
- 3 -
Premier Gas Ltd Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
9,367 
9,812 
Current assets
Inventories
6,950 
2,500 
Debtors
5
14,400 
- 
Cash at bank and in hand
20,305 
15,549 
41,655 
18,049 
Creditors: amounts falling due within one year
6
(49,792)
(11,743)
Net current (liabilities)/assets
(8,137)
6,306 
Net assets
1,230 
16,118 
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
1,080 
15,968 
Shareholders' funds
1,230 
16,118 
For the year ending 31 March 2026 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 15 April 2026 and were signed on its behalf by
Lakhwinder Singh Director Company Registration No. 14747665
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Premier Gas Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Premier Gas Ltd is a private company, limited by shares, registered in England and Wales, registration number 14747665.
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:
Motor vehicles
20% reduce balance basis
Computer equipment
20% reduce balance basis
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
11,202 
1,303 
12,505 
Additions
499 
1,398 
1,897 
At 31 March 2026
11,701 
2,701 
14,402 
Depreciation
At 1 April 2025
2,240 
453 
2,693 
Charge for the year
1,892 
450 
2,342 
At 31 March 2026
4,132 
903 
5,035 
Net book value
At 31 March 2026
7,569 
1,798 
9,367 
At 31 March 2025
8,962 
850 
9,812 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,400 
- 
- 5 -
Premier Gas Ltd Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
3,087 
202 
Taxes and social security
6,699 
1,359 
Loans from directors
40,006 
10,182 
49,792 
11,743 
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
- 6 -