PERING LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
11,229
13,694
Cash at bank and in hand
2,909
6,116
Creditors: amounts falling due within one year
(2,611)
(1,926)
Net current assets
13,272
8,930
Total assets less current liabilities
24,501
22,624
Creditors: amounts falling due after more than one year
(15,531)
(19,026)
Called up share capital
1
1
Profit and loss account
8,969
3,597
Shareholders' funds
8,970
3,598
For the year ending 31 August 2023 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 director acknowledges her 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 and authorised for issue on 29 September 2023 and were signed on its behalf by
PINDAI DZIMWASHA
Director
Company Registration No. 08178228
PERING LIMITED
Notes to the Accounts
for the year ended 31 August 2023
PERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08178228. The registered office is 15 KINDERLEY CLOSE, SUTTON BRIDGE, SPALDING, PE12 9PZ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
Reducing Balance
Fixtures & fittings
Reducing Balance
Computer equipment
Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
15,000
1,000
700
16,700
At 31 August 2023
15,000
1,000
700
16,700
At 1 September 2022
2,700
180
126
3,006
Charge for the year
2,214
148
103
2,465
At 31 August 2023
4,914
328
229
5,471
At 31 August 2023
10,086
672
471
11,229
At 31 August 2022
12,300
820
574
13,694
Amounts falling due within one year
Other debtors
12,974
4,740
PERING LIMITED
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,988
1,313
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).