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REGISTERED NUMBER: 04599909 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31st March 2023

for

Perceptive Condor Limited

Perceptive Condor Limited (Registered number: 04599909)

Contents of the Financial Statements
for the Year Ended 31st March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Perceptive Condor Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: C N Narbeth





REGISTERED OFFICE: 74 College Road
Maidstone
Kent
ME15 6SL





REGISTERED NUMBER: 04599909 (England and Wales)





ACCOUNTANTS: Blain Pritchard
Chartered Certified Accountants
74 College Road
Maidstone
Kent
ME15 6SL

Perceptive Condor Limited (Registered number: 04599909)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 490,000 340,000
Investment property 5 414,165 617,482
904,165 957,482

CURRENT ASSETS
Cash at bank 61,834 8,104

CREDITORS
Amounts falling due within one year 6 8,914 2,138
NET CURRENT ASSETS 52,920 5,966
TOTAL ASSETS LESS CURRENT
LIABILITIES

957,085

963,448

PROVISIONS FOR LIABILITIES 10,616 17,262
NET ASSETS 946,469 946,186

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 946,369 946,086
SHAREHOLDERS' FUNDS 946,469 946,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th October 2023 and were signed by:





C N Narbeth - Director


Perceptive Condor Limited (Registered number: 04599909)

Notes to the Financial Statements
for the Year Ended 31st March 2023


1. STATUTORY INFORMATION

Perceptive Condor Limited is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
loans
£   
At 1st April 2022
and 31st March 2023 490,000

Perceptive Condor Limited (Registered number: 04599909)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022 617,482
Disposals (203,317 )
At 31st March 2023 414,165
NET BOOK VALUE
At 31st March 2023 414,165
At 31st March 2022 617,482

Fair value at 31st March 2023 is represented by:
£   
Valuation in 2019 26,872
Valuation in 2022 29,002
Cost 358,291
414,165

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 6,700 402
Other creditors 2,214 1,736
8,914 2,138

7. RELATED PARTY DISCLOSURES

As at 31st March 2023, the director was owed £1,214 in respect of his loan account (2022: £902). The loan is interest free with no set repayment date.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the director who has beneficial ownership of 100% of the company's issued share capital.