Premier Explore Limited - Abbreviated accounts

Registered number

08829843

Premier Explore Limited

Unaudited Abbreviated Accounts

31 July 2015

Premier Explore Limited
Registered number:		08829843
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Fixed assets
Intangible assets	2		1,327			-

Current assets
Debtors		2,549			-
Cash at bank and in hand		12,000			100
		14,549			100

Creditors: amounts falling due within one year		(18,649)			-

Net current (liabilities)/assets			(4,100)			100

Total assets less current liabilities			(2,773)			100

Creditors: amounts falling due after more than one year			(12,388)			-



Net (liabilities)/assets			(15,161)			100

Capital and reserves
Called up share capital	3		141			100
Share premium			18,747			-
Profit and loss account			(34,049)			-

Shareholders' funds			(15,161)			100

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



P S J Watts
Director
Approved by the board on 4 March 2016

Premier Explore Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the invoiced value of travel arrangements supplied by the company, net of value added tax, recognised by date of departure.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Intangible fixed assets					£

	Cost
	Additions					1,990
	At 31 July 2015					1,990

	Amortisation
	Provided during the year					663
	At 31 July 2015					663

	Net book value
	At 31 July 2015					1,327


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		141		141		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		41		41