Perfectcourse Limited 02768026 false 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is property letting Digita Accounts Production Advanced 6.30.9574.0 true true 02768026 2022-02-01 2023-01-31 02768026 2023-01-31 02768026 bus:OrdinaryShareClass1 2023-01-31 02768026 core:RetainedEarningsAccumulatedLosses 2023-01-31 02768026 core:ShareCapital 2023-01-31 02768026 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 02768026 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 02768026 bus:SmallEntities 2022-02-01 2023-01-31 02768026 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 02768026 bus:FullAccounts 2022-02-01 2023-01-31 02768026 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 02768026 bus:RegisteredOffice 2022-02-01 2023-01-31 02768026 bus:CompanySecretary1 2022-02-01 2023-01-31 02768026 bus:Director1 2022-02-01 2023-01-31 02768026 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 02768026 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 02768026 core:RetainedEarningsAccumulatedLosses 2022-02-01 2023-01-31 02768026 core:ShareCapital 2022-02-01 2023-01-31 02768026 core:LandBuildings 2022-02-01 2023-01-31 02768026 countries:EnglandWales 2022-02-01 2023-01-31 02768026 2022-01-31 02768026 core:RetainedEarningsAccumulatedLosses 2022-01-31 02768026 core:ShareCapital 2022-01-31 02768026 core:LandBuildings core:OwnedOrFreeholdAssets 2022-01-31 02768026 2021-02-01 2022-01-31 02768026 2022-01-31 02768026 bus:OrdinaryShareClass1 2022-01-31 02768026 core:RetainedEarningsAccumulatedLosses 2022-01-31 02768026 core:ShareCapital 2022-01-31 02768026 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 02768026 core:LandBuildings core:OwnedOrFreeholdAssets 2022-01-31 02768026 core:RetainedEarningsAccumulatedLosses 2021-02-01 2022-01-31 02768026 core:ShareCapital 2021-02-01 2022-01-31 02768026 2021-01-31 02768026 core:RetainedEarningsAccumulatedLosses 2021-01-31 02768026 core:ShareCapital 2021-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02768026

Perfectcourse Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2023

 

Perfectcourse Limited

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Financial Statements

4 to 7

 

Perfectcourse Limited

Company Information

Director

Mrs Suzanne Louise Whitehouse

Company secretary

Mrs Karen Michele Whitehouse-Hyde

Registered office

17 Broadwood Close
Disley
Stockport
Cheshire
SK12 2NJ

Accountants

D C Accounting Solutions Ltd
Chartered Accountants and Business Advisers
Central House
Central Drive
Romiley
Stockport
Cheshire
SK6 4PE

 

Perfectcourse Limited

(Registration number: 02768026)
Balance Sheet as at 31 January 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

126,236

126,236

Current assets

 

Cash at bank and in hand

 

98,581

89,496

Creditors: Amounts falling due within one year

5

(124,299)

(114,787)

Net current liabilities

 

(25,718)

(25,291)

Net assets

 

100,518

100,945

Capital and reserves

 

Called up share capital

6

10,000

10,000

Retained earnings

90,518

90,945

Shareholders' funds

 

100,518

100,945

For the financial year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 August 2023
 

.........................................
Mrs Suzanne Louise Whitehouse
Director

 

Perfectcourse Limited

Statement of Changes in Equity for the Year Ended 31 January 2023

Share capital
£

Retained earnings
£

Total
£

At 1 February 2022

10,000

90,945

100,945

Profit for the year

-

9,573

9,573

Dividends

-

(10,000)

(10,000)

At 31 January 2023

10,000

90,518

100,518

Share capital
£

Retained earnings
£

Total
£

At 1 February 2021

10,000

91,715

101,715

Profit for the year

-

9,230

9,230

Dividends

-

(10,000)

(10,000)

At 31 January 2022

10,000

90,945

100,945

 

Perfectcourse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
17 Broadwood Close
Disley
Stockport
Cheshire
SK12 2NJ

These financial statements were authorised for issue by the director on 1 August 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Perfectcourse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

Not depreciated

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Perfectcourse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 February 2022

126,236

126,236

At 31 January 2023

126,236

126,236

Depreciation

Carrying amount

At 31 January 2023

126,236

126,236

At 31 January 2022

126,236

126,236

Included within the net book value of land and buildings above is £126,236 (2022 - £126,236) in respect of freehold land and buildings.
 

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

2,246

2,165

Accruals and deferred income

552

1,121

Other creditors

121,501

111,501

124,299

114,787

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

10,000

10,000

10,000

10,000

         

7

Related party transactions

 

Perfectcourse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

6,000

6,000