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REGISTERED NUMBER: 05976481 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

PERRYMAN PROPERTIES LTD

PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PERRYMAN PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2022







DIRECTOR: S Green





SECRETARIES: J Fekete
Mrs R Green





REGISTERED OFFICE: 149 Northwold Road
London
E5 8RL





REGISTERED NUMBER: 05976481 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2022

31.10.22 31.10.21
Notes £    £   
FIXED ASSETS
Tangible assets 5 7,945 9,347
Investment property 6 3,183,008 3,183,008
3,190,953 3,192,355

CURRENT ASSETS
Debtors 7 12,278,132 12,048,289
Cash at bank and in hand 5,184 8,183
12,283,316 12,056,472
CREDITORS
Amounts falling due within one year 8 (11,469,818 ) (11,243,349 )
NET CURRENT ASSETS 813,498 813,123
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,004,451

4,005,478

CREDITORS
Amounts falling due after more than one
year

9

(1,937,123

)

(2,012,434

)
NET ASSETS 2,067,328 1,993,044

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 13 2,067,228 1,992,944
SHAREHOLDERS' FUNDS 2,067,328 1,993,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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.

PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 March 2024 and were signed by:





Mrs R Green - Director


PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1. STATUTORY INFORMATION

Perryman Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 November 2021
and 31 October 2022 21,068
DEPRECIATION
At 1 November 2021 11,721
Charge for year 1,402
At 31 October 2022 13,123
NET BOOK VALUE
At 31 October 2022 7,945
At 31 October 2021 9,347

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2021
and 31 October 2022 3,183,008
NET BOOK VALUE
At 31 October 2022 3,183,008
At 31 October 2021 3,183,008

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade debtors 8,813 8,672
Other debtors 12,269,319 12,039,617
12,278,132 12,048,289

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Amounts owed to group undertakings 3,931,171 3,672,465
Taxation and social security 36,070 108,045
Other creditors 7,502,577 7,462,839
11,469,818 11,243,349

PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.22 31.10.21
£    £   
Bank loans (see note 10) 1,894,993 1,964,749
Other creditors 42,130 47,685
1,937,123 2,012,434

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 1,690,000 1,690,000

Repayable by instalments
Bank loan 204,993 274,749
Other loans more 5yrs instal 42,130 47,685
247,123 322,434

Other loan includes Bounceback loan of £42,130 [2021 - £47,685]. The loan is unsecured, interest capped at 2.5% and guaranteed by HM Government.

10. LOANS

An analysis of the maturity of loans is given below:

31.10.22 31.10.21
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans 1,690,000 1,690,000

Repayable by instalments
Bank loan 204,993 274,749
Other loans more 5yrs instal 42,130 47,685
247,123 322,434

Under the bank loan, £50,000 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

11. SECURED DEBTS

The following secured debts are included within creditors:

31.10.22 31.10.21
£    £   
Bank loans 1,894,993 1,964,749

Bank loans are secured by first legal charges over companies trading properties.

PERRYMAN PROPERTIES LTD (REGISTERED NUMBER: 05976481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.22 31.10.21
value: £    £   
100 Ordinary £1 100 100

13. RESERVES
Retained
earnings
£   

At 1 November 2021 1,992,944
Profit for the year 74,284
At 31 October 2022 2,067,228

14. ULTIMATE CONTROLLING PARTY

The controlling party is S Green.