Company registration number 06980779 (England and Wales)
PROCUREMENT PERFECTION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
PROCUREMENT PERFECTION LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PROCUREMENT PERFECTION LIMITED FOR THE YEAR ENDED 31 JULY 2023
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Procurement Perfection Limited for the year ended 31 July 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Procurement Perfection Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Procurement Perfection Limited and state those matters that we have agreed to state to the board of directors of Procurement Perfection Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Procurement Perfection Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Procurement Perfection Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Procurement Perfection Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Procurement Perfection Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carpenter Box
2 October 2023
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
PROCUREMENT PERFECTION LIMITED
BALANCE SHEET
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2023
2022
£
£
£
£
Fixed assets
117,413
9,356
Current assets
468,522
326,170
Creditors: amounts falling due within one year
(164,302)
(124,185)
Net current assets
304,220
201,985
Total assets less current liabilities
421,633
211,341
Creditors: amounts falling due after more than one year
(41,087)
Net assets
380,546
211,341
Capital and reserves
380,546
211,341
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the balance sheet date, the directors' owed the company an amount of £16,583 (2022 - £19,615).
2
Employees
The average number of persons (including directors) employed by the company during the year was 3 (2022 - 3).
Procurement Perfection Limited is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.
For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
PROCUREMENT PERFECTION LIMITED
BALANCE SHEET (CONTINUED)
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The financial statements were approved by the board of directors and authorised for issue on 28 September 2023 and are signed on its behalf by:
Mr C E Reid
Mrs H K Reid
Director
Director
Company Registration Number 06980779