PREMISES SOLUTIONS LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09069194 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

FOR

PREMISES SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A K Ganger

REGISTERED OFFICE:

112 Catherine Gardens

Hounslow

Middlesex

TW3 2PW

REGISTERED NUMBER:

09069194 (England and Wales)

ACCOUNTANTS:

Cheshams Accountants Ltd

Chartered Certified Accountants

Suite 16,Neals Corner

2 Bath Road

Hounslow

Middlesex

TW3 3HJ

FIXED ASSETS

Tangible assets

4

1,675

1,932

CURRENT ASSETS

Cash at bank and in hand

822

2,478

CREDITORS

Amounts falling due within one year

5

6,668

2,446

NET CURRENT (LIABILITIES)/ASSETS

(5,846

)

32

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,171

)

1,964

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

(4,172

)

1,963

SHAREHOLDERS' FUNDS

(4,171

)

1,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 June 2020 and were signed by:

A K Ganger - Director

1.	STATUTORY INFORMATION

PREMISES SOLUTIONS LTD 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other

sales taxes.

Tangible fixed assets

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

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

balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2018

4,035

752

4,787

Additions

301

-

301

At 30 June 2019

4,336

752

5,088

DEPRECIATION

At 1 July 2018

2,387

468

2,855

Charge for year

487

71

558

At 30 June 2019

2,874

539

3,413

NET BOOK VALUE

At 30 June 2019

1,462

213

1,675

At 30 June 2018

1,648

284

1,932

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

(1

)

-

Directors' current accounts

5,829

2,026

Accrued expenses

840

420

6,668

2,446

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1

Ordinary

£1.00

1

1

7.

RESERVES

Retained

earnings

£

At 1 July 2018

1,963

Deficit for the year

(6,135

)

At 30 June 2019

(4,172

)