REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
PERCEPI KNOWLEDGE LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
PERCEPI KNOWLEDGE LIMITED |
PERCEPI KNOWLEDGE LIMITED (REGISTERED NUMBER: 11394378) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
PERCEPI KNOWLEDGE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
St James's House |
8 Overcliffe |
Gravesend |
Kent |
DA11 0HJ |
PERCEPI KNOWLEDGE LIMITED (REGISTERED NUMBER: 11394378) |
BALANCE SHEET |
30 JUNE 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Other reserves |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
PERCEPI KNOWLEDGE LIMITED (REGISTERED NUMBER: 11394378) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
1. | STATUTORY INFORMATION |
Percepi Knowledge Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
PERCEPI KNOWLEDGE LIMITED (REGISTERED NUMBER: 11394378) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | 1 | - | - |
Ordinary | 0.000 | 1 | 100 | 100 |
100 | 100 |
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At 30th June 2023 the company owed £312 to the director (2022: £2,761 owed by the director to the company). Amounts advanced during the year were £312 and repaid were £2,761. The loan is repayable on demand and interest is charged at the beneficial loan interest rates where applicable. |
8. | CONVERTIBLE INSTRUMENTS |
The company entered into the Advanced subscription agreement on 5 July 2021 receiving £50,000 funds. This funds will automatically convert into Conversion shares at the Conversion price, and the company will issue and allot to the subscriber the number of fully paid Conversion shares to which it is entitled, rounded down to the nearest whole share: |
a) in the event of a Financing round, as part of and simultaneously with the unconditional completion of such Financing round; or |
b) in the event of a sale or and IPO, immediately prior to the unconditional completion of such sale or IPO; or |
c) on the Longstop date (if none of the events set out in sub-causes above mentioned have occurred) on or prior to the Longstop date; or |
d) in the event of a dissolution event occurring before any of the events set out in sub-clauses mentioned above (in a, b or c), immediately prior to the occurrence of such dissolution event. |
In each case the Conversion shares so allotted and issued will be in full satisfaction and discharge of all obligation of the company under this agreement to the subscriber and this agreement will be terminated automatically and immediately on completion of such conversion. |