Company Registration No. 07993764 (England and Wales)
Premier Carpentry Contractors Limited
Unaudited accounts
for the year ended 31 August 2022
Premier Carpentry Contractors Limited
Unaudited accounts
Contents
Premier Carpentry Contractors Limited
Company Information
for the year ended 31 August 2022
Directors
Richard Furnival
Leanne Furnival
Company Number
07993764 (England and Wales)
Registered Office
Providence Cottage
Chorley
Lichfield
Staffordshire
WS13 8DN
Premier Carpentry Contractors Limited
Statement of financial position
as at 31 August 2022
Intangible assets
56,978
75,971
Tangible assets
39,230
44,657
Cash at bank and in hand
187,567
269,022
Creditors: amounts falling due within one year
(96,533)
(66,863)
Net current assets
215,764
268,772
Total assets less current liabilities
311,972
389,400
Creditors: amounts falling due after more than one year
(34,838)
(50,000)
Net assets
277,134
339,400
Called up share capital
3
3
Profit and loss account
277,131
339,397
Shareholders' funds
277,134
339,400
For the year ending 31 August 2022 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 27 July 2023 and were signed on its behalf by
Richard Furnival
Director
Company Registration No. 07993764
Premier Carpentry Contractors Limited
Notes to the Accounts
for the year ended 31 August 2022
Premier Carpentry Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 07993764. The registered office is Providence Cottage, Chorley, Lichfield, Staffordshire, WS13 8DN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
At 1 September 2021
189,923
At 1 September 2021
113,952
Charge for the year
18,993
Premier Carpentry Contractors Limited
Notes to the Accounts
for the year ended 31 August 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2021
3,165
32,709
633
29,663
66,170
Additions
220
-
882
2,759
3,861
At 31 August 2022
3,385
32,709
1,515
32,422
70,031
At 1 September 2021
2,637
11,981
509
6,386
21,513
Charge for the year
150
3,748
201
5,189
9,288
At 31 August 2022
2,787
15,729
710
11,575
30,801
At 31 August 2022
598
16,980
805
20,847
39,230
At 31 August 2021
528
20,728
124
23,277
44,657
Amounts falling due within one year
Trade debtors
117,007
66,613
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
4,982
Trade creditors
5,787
6,390
Taxes and social security
33,001
22,660
Other creditors
47,745
32,041
8
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
2 Prefference shares of £1 each
2
2
Premier Carpentry Contractors Limited
Notes to the Accounts
for the year ended 31 August 2022
10
Average number of employees
During the year the average number of employees was 4 (2021: 4).