Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseManagement consultancy66falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04991070 2022-04-01 2023-03-31 04991070 2021-04-01 2022-03-31 04991070 2023-03-31 04991070 2022-03-31 04991070 c:Director1 2022-04-01 2023-03-31 04991070 d:OfficeEquipment 2022-04-01 2023-03-31 04991070 d:OfficeEquipment 2023-03-31 04991070 d:OfficeEquipment 2022-03-31 04991070 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04991070 d:CurrentFinancialInstruments 2023-03-31 04991070 d:CurrentFinancialInstruments 2022-03-31 04991070 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04991070 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04991070 d:ShareCapital 2023-03-31 04991070 d:ShareCapital 2022-03-31 04991070 d:SharePremium 2023-03-31 04991070 d:SharePremium 2022-03-31 04991070 d:RetainedEarningsAccumulatedLosses 2023-03-31 04991070 d:RetainedEarningsAccumulatedLosses 2022-03-31 04991070 c:FRS102 2022-04-01 2023-03-31 04991070 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04991070 c:FullAccounts 2022-04-01 2023-03-31 04991070 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04991070 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 04991070









PERFORMANCE PLUS (EAST ANGLIA) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 7


 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PERFORMANCE PLUS (EAST ANGLIA) LIMITED
FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Performance Plus (East Anglia) Limited for the year ended 31 March 2023 which comprise  the Balance Sheet and the related notes 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 Performance Plus (East Anglia) Limited, as a body, in accordance with the terms of our engagement letter dated 13 July 2021Our work has been undertaken solely to prepare for your approval the financial statements of Performance Plus (East Anglia) Limited  and state those matters that we have agreed to state to the Board of Directors of Performance Plus (East Anglia) Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Performance Plus (East Anglia) Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Performance Plus (East Anglia) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Performance Plus (East Anglia) Limited. You consider that Performance Plus (East Anglia) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Performance Plus (East Anglia) 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.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
28 September 2023
Page 1

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
REGISTERED NUMBER: 04991070

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
465
236

  
465
236

Current assets
  

Debtors: amounts falling due within one year
 5 
11,216
15,185

Cash at bank and in hand
  
7,802
22,273

  
19,018
37,458

Creditors: amounts falling due within one year
 6 
(17,044)
(23,014)

Net current assets
  
 
 
1,974
 
 
14,444

Total assets less current liabilities
  
2,439
14,680

Provisions for liabilities
  

Deferred tax
  
(90)
(45)

  
 
 
(90)
 
 
(45)

Net assets
  
2,349
14,635


Capital and reserves
  

Called up share capital 
  
112
112

Share premium account
  
4,990
4,990

Profit and loss account
  
(2,753)
9,533

  
2,349
14,635


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 2

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
REGISTERED NUMBER: 04991070
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2023.




L J Brooks
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Performance Plus (East Anglia) Limited is a private company limited by shares. It is incorporated and domiciled in England and Wales. The address of its registered office is The Bower, 3 The Avenue, Hemsby, Great Yarmouth, Norfolk, NR29 4ET.
The company's principal activity is that of management consultancy.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
Revenue from providing management consultancy is recognised in the period in which the service is provided.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 6).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
249


Additions
333



At 31 March 2023

582



Depreciation


At 1 April 2022
13


Charge for the year on owned assets
104



At 31 March 2023

117



Net book value



At 31 March 2023
465



At 31 March 2022
236

Page 6

 
PERFORMANCE PLUS (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
10,710
14,985

Prepayments and accrued income
506
200

11,216
15,185



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
400
1,760

Other taxation and social security
14,824
18,547

Accruals and deferred income
1,820
2,707

17,044
23,014


 
Page 7