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Company Registration No. 07000526 (England and Wales)
Perseverance Works Security Limited Unaudited accounts for the year ended 31 December 2021
Perseverance Works Security Limited Unaudited accounts Contents
Page
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Perseverance Works Security Limited Company Information for the year ended 31 December 2021
Directors
Mr John David Crisfield Mr Paul Edward King Mr Kenneth Rorrison
Company Number
07000526 (England and Wales)
Registered Office
9 PERSEVERANCE WORKS KINGSLAND ROAD LONDON LONDON E2 8DD
Accountants
Sue Kowszun, Harlequin Accounting & Financial Services Ltd Bancroft, Mill Road West chiltington Pulborough West Sussex RH20 2PZ
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Perseverance Works Security Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,692 
489 
Current assets
Debtors
27,532 
27,499 
Cash at bank and in hand
92,711 
47,157 
120,243 
74,656 
Creditors: amounts falling due within one year
(22,951)
(11,870)
Net current assets
97,292 
62,786 
Total assets less current liabilities
100,984 
63,275 
Provisions for liabilities
Deferred tax
(701)
- 
Net assets
100,283 
63,275 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
100,281 
63,273 
Shareholders' funds
100,283 
63,275 
For the year ending 31 December 2021 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by
Mr Paul Edward King Director Company Registration No. 07000526
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Perseverance Works Security Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Perseverance Works Security Limited is a private company, limited by shares, registered in England and Wales, registration number 07000526. The registered office is 9 PERSEVERANCE WORKS, KINGSLAND ROAD, LONDON, LONDON, E2 8DD.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2021
5,175 
Additions
3,778 
At 31 December 2021
8,953 
Depreciation
At 1 January 2021
4,686 
Charge for the year
575 
At 31 December 2021
5,261 
Net book value
At 31 December 2021
3,692 
At 31 December 2020
489 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Accrued income and prepayments
458 
425 
Other debtors
27,074 
27,074 
27,532 
27,499 
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Perseverance Works Security Limited Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
7,540 
2,356 
Trade creditors
730 
61 
Taxes and social security
11,812 
8,215 
Other creditors
1,986 
- 
Accruals
883 
1,238 
22,951 
11,870 
7
Deferred taxation
2021 
2020 
£ 
£ 
Accelerated capital allowances
701 
- 
2021 
2020 
£ 
£ 
Charged to the profit and loss account
701 
- 
Provision at end of year
701 
- 
8
Transactions with related parties
The only customer of Perseverance Works Security Limited is Perseverance Works Freeholders Limited. As at 31st December 2020, there was no monies outstanding between the two entities but accrued income of £27,074 (2019: nil) was recorded.
9
Average number of employees
During the year the average number of employees was 3 (2020: 3).
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