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REGISTERED NUMBER: SC518930 (Scotland)















Unaudited Financial Statements

for the Period 28 October 2015 to 31 December 2016

for

Premier Produce Scotland Ltd

Premier Produce Scotland Ltd (Registered number: SC518930)






Contents of the Financial Statements
for the Period 28 October 2015 to 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Premier Produce Scotland Ltd

Company Information
for the Period 28 October 2015 to 31 December 2016







DIRECTORS: P Downey
Mrs H Downey





REGISTERED OFFICE: Suite 4f, Ingram House
227 Ingram Street
Glasgow
G1 1DA





REGISTERED NUMBER: SC518930 (Scotland)





ACCOUNTANTS: Key Professional Partnership Ltd
Suite 4f, Ingram House
227 Ingram Street
Glasgow
G1 1DA

Premier Produce Scotland Ltd (Registered number: SC518930)

Balance Sheet
31 December 2016

Notes £    £   
FIXED ASSETS
Tangible assets 4 45,485

CURRENT ASSETS
Stocks 10,340
Debtors 5 833,297
Cash at bank and in hand 109,156
952,793
CREDITORS
Amounts falling due within one year 6 819,758
NET CURRENT ASSETS 133,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,520

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 178,420
178,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2016 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 12 April 2017 and were signed on its behalf by:





P Downey - Director


Premier Produce Scotland Ltd (Registered number: SC518930)

Notes to the Financial Statements
for the Period 28 October 2015 to 31 December 2016

1. STATUTORY INFORMATION

Premier Produce Scotland Ltd is a private company, limited by shares , registered in Scotland. 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 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 26 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 60,502
At 31 December 2016 60,502
DEPRECIATION
Charge for period 15,017
At 31 December 2016 15,017
NET BOOK VALUE
At 31 December 2016 45,485

Premier Produce Scotland Ltd (Registered number: SC518930)

Notes to the Financial Statements - continued
for the Period 28 October 2015 to 31 December 2016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 828,102
Other debtors 5,195
833,297

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 582,874
Taxation and social security 54,452
Other creditors 182,432
819,758