Company Registration No. 04157230 (England and Wales)
Premier Screen Services Limited
Unaudited accounts
for the year ended 28 February 2017
Premier Screen Services Limited
Unaudited accounts
Contents
Premier Screen Services Limited
Company Information
for the year ended 28 February 2017
Company Number
04157230 (England and Wales)
Registered Office
THE CORNER HOUSE
23 MARKET STREET
CRAVEN ARMS
SHROPSHIRE
SY7 9NW
Accountants
S A Acc'y Ltd
The Corner House
23 Market Street
Craven Arms
Shropshire
SY7 9NW
Premier Screen Services Limited
Statement of financial position
as at 28 February 2017
Tangible assets
24,087
27,019
Cash at bank and in hand
145,446
139,763
Creditors: amounts falling due within one year
(170,987)
(198,335)
Net current assets
52,480
18,728
Total assets less current liabilities
76,567
45,747
Creditors: amounts falling due after more than one year
(26,302)
(19,321)
Provisions for liabilities
Deferred tax
(4,588)
(5,149)
Called up share capital
100
100
Profit and loss account
45,577
21,177
Shareholders' funds
45,677
21,277
For the year ending 28 February 2017 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 director acknowledges his 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.
Approved by the Board on 6 November 2017.
P Lewis
Director
Company Registration No. 04157230
Premier Screen Services Limited
Notes to the Accounts
for the year ended 28 February 2017
Premier Screen Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04157230. The registered office and principal place of business is THE CORNER HOUSE, 23 MARKET STREET, CRAVEN ARMS, SHROPSHIRE, SY7 9NW.
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.
These financial statements for the year ended 28 February 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Computer equipment
15% per annum reducing balance
Premier Screen Services Limited
Notes to the Accounts
for the year ended 28 February 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2016
37,860
13,234
2,635
53,729
At 28 February 2017
37,860
13,234
2,635
53,729
At 1 March 2016
13,020
12,027
1,663
26,710
Charge for the year
2,484
302
146
2,932
At 28 February 2017
15,504
12,329
1,809
29,642
At 28 February 2017
22,356
905
826
24,087
At 29 February 2016
24,840
1,207
972
27,019
Trade debtors
78,021
77,300
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
-
3,481
Trade creditors
112,001
151,283
Taxes and social security
39,142
34,142
Other creditors
8,858
9,429
7
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
26,302
19,321
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
