IRIS Accounts Production v18.3.1.65 02075820 Board of Directors Board of Directors 1.1.18 31.12.18 31.12.18 false true false false true false Fair value model Ordinary A shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure020758202017-12-31020758202018-12-31020758202018-01-012018-12-31020758202016-12-31020758202017-01-012017-12-31020758202017-12-3102075820ns15:EnglandWales2018-01-012018-12-3102075820ns14:PoundSterling2018-01-012018-12-3102075820ns10:Director12018-01-012018-12-3102075820ns10:Director22018-01-012018-12-3102075820ns10:PrivateLimitedCompanyLtd2018-01-012018-12-3102075820ns10:SmallEntities2018-01-012018-12-3102075820ns10:AuditExempt-NoAccountantsReport2018-01-012018-12-3102075820ns10:SmallCompaniesRegimeForDirectorsReport2018-01-012018-12-3102075820ns10:SmallCompaniesRegimeForAccounts2018-01-012018-12-3102075820ns10:FullAccounts2018-01-012018-12-3102075820ns10:OrdinaryShareClass12018-01-012018-12-3102075820ns10:Director32018-01-012018-12-3102075820ns10:CompanySecretary12018-01-012018-12-3102075820ns10:RegisteredOffice2018-01-012018-12-3102075820ns5:CurrentFinancialInstruments2018-12-3102075820ns5:CurrentFinancialInstruments2017-12-3102075820ns5:ShareCapital2018-12-3102075820ns5:ShareCapital2017-12-3102075820ns5:RetainedEarningsAccumulatedLosses2018-12-3102075820ns5:RetainedEarningsAccumulatedLosses2017-12-3102075820ns5:CostValuation2017-12-3102075820ns5:DisposalsRepaymentsInvestments2018-12-3102075820ns5:CostValuation2018-12-3102075820ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-12-3102075820ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-3102075820ns10:OrdinaryShareClass12018-12-31


REGISTERED NUMBER: 02075820 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

PREMIER ENGINEERING CO (SCARBOROUGH) LTD
PREMIER ENGINEERING CO (SCARBOROUGH) LTD (REGISTERED NUMBER: 02075820)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PREMIER ENGINEERING CO (SCARBOROUGH) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2018







DIRECTORS: R J Pickering Snr
P Pickering
R J Pickering Jnr





SECRETARY: P Pickering





REGISTERED OFFICE: Barrys Lane
SCARBOROUGH
North Yorkshire
YO12 4HA





REGISTERED NUMBER: 02075820 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ
Page 1
PREMIER ENGINEERING CO (SCARBOROUGH) LTD (REGISTERED NUMBER: 02075820)

BALANCE SHEET
31 DECEMBER 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Investments 3 100 11,600
Investment property 4 968,940 968,485
969,040 980,085

CURRENT ASSETS
Debtors 5 10,000 11,000
Cash at bank 464,439 474,538
474,439 485,538
CREDITORS
Amounts falling due within one year 6 400,486 24,685
NET CURRENT ASSETS 73,953 460,853
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,042,993
1,440,938

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 1,042,693 1,440,638
SHAREHOLDERS' FUNDS 1,042,993 1,440,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
PREMIER ENGINEERING CO (SCARBOROUGH) LTD (REGISTERED NUMBER: 02075820)

BALANCE SHEET - continued
31 DECEMBER 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 2 March 2019 and were signed on its behalf by:




R J Pickering Snr - Director



R J Pickering Jnr - Director


The notes form part of these financial statements

Page 3
PREMIER ENGINEERING CO (SCARBOROUGH) LTD (REGISTERED NUMBER: 02075820)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

1. STATUTORY INFORMATION

Premier Engineering Co (Scarborough) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents received.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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.

Page 4 continued...
PREMIER ENGINEERING CO (SCARBOROUGH) LTD (REGISTERED NUMBER: 02075820)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2018 11,600
Disposals (11,500 )
At 31 December 2018 100
NET BOOK VALUE
At 31 December 2018 100
At 31 December 2017 11,600

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2018 968,485
Additions 455
At 31 December 2018 968,940
NET BOOK VALUE
At 31 December 2018 968,940
At 31 December 2017 968,485

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.18 31.12.17
£    £   
Other debtors 10,000 11,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.18 31.12.17
£    £   
Amounts owed to group undertakings 379,429 11,846
Taxation and social security 15,729 11,594
Other creditors 5,328 1,245
400,486 24,685

7. CALLED UP SHARE CAPITAL



Allotted and issued:
Number: Class: Nominal 31.12.18 31.12.17
value: £    £   
300 Share capital 1 1 300 300

Page 5