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REGISTERED NUMBER: 11025252 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2021 TO 30 OCTOBER 2022

FOR

PERRYMAN COMMERCIAL LIMITED

PERRYMAN COMMERCIAL LIMITED (REGISTERED NUMBER: 11025252)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2021 TO 30 OCTOBER 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PERRYMAN COMMERCIAL LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2021 TO 30 OCTOBER 2022







DIRECTOR: S Green





REGISTERED OFFICE: 149 Northwold Road
Clapton
London
E5 8RL





REGISTERED NUMBER: 11025252 (England and Wales)





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

PERRYMAN COMMERCIAL LIMITED (REGISTERED NUMBER: 11025252)

STATEMENT OF FINANCIAL POSITION
30 OCTOBER 2022

30.10.22 31.10.21
Notes £    £   
FIXED ASSETS
Investment property 5 5,650,000 5,650,000

CURRENT ASSETS
Debtors 6 1,833,223 1,683,869

CREDITORS
Amounts falling due within one year 7 (110,683 ) (27,565 )
NET CURRENT ASSETS 1,722,540 1,656,304
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,372,540

7,306,304

CREDITORS
Amounts falling due after more than one
year

8

(3,523,000

)

(3,523,000

)

PROVISIONS FOR LIABILITIES (651,643 ) (651,643 )
NET ASSETS 3,197,897 3,131,661

CAPITAL AND RESERVES
Called up share capital 11 1 1
Fair value reserve 12 2,778,058 2,778,058
Retained earnings 12 419,838 353,602
SHAREHOLDERS' FUNDS 3,197,897 3,131,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 October 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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 COMMERCIAL LIMITED (REGISTERED NUMBER: 11025252)

STATEMENT OF FINANCIAL POSITION - continued
30 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 and authorised for issue by the director and authorised for issue on 1 March 2024 and were signed by:





S Green - Director


PERRYMAN COMMERCIAL LIMITED (REGISTERED NUMBER: 11025252)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2021 TO 30 OCTOBER 2022

1. STATUTORY INFORMATION

Perryman Commercial 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 period 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 period 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 period was NIL (2021 - NIL).

PERRYMAN COMMERCIAL LIMITED (REGISTERED NUMBER: 11025252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2021 TO 30 OCTOBER 2022

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2021
and 30 October 2022 5,650,000
NET BOOK VALUE
At 30 October 2022 5,650,000
At 31 October 2021 5,650,000

Fair value at 30 October 2022 is represented by:
£   
Valuation in 2018 3,429,701
Cost 2,220,299
5,650,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.22 31.10.21
£    £   
Amounts owed by group undertakings 1,449,271 1,330,513
Other debtors 383,952 353,356
1,833,223 1,683,869

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.10.22 31.10.21
£    £   
Taxation and social security 19,431 3,894
Other creditors 91,252 23,671
110,683 27,565

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.10.22 31.10.21
£    £   
Bank loans (see note 9) 3,523,000 3,523,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 3,523,000 3,523,000

PERRYMAN COMMERCIAL LIMITED (REGISTERED NUMBER: 11025252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2021 TO 30 OCTOBER 2022

9. LOANS

An analysis of the maturity of loans is given below:

30.10.22 31.10.21
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 3,523,000 3,523,000

10. SECURED DEBTS

The following secured debts are included within creditors:

30.10.22 31.10.21
£    £   
Bank loans 3,523,000 3,523,000

Bank loan is secured by first charge against the company's investment properties.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.10.22 31.10.21
value: £    £   
1 Ordinary £1 1 1

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2021 353,602 2,778,058 3,131,660
Profit for the period 66,236 66,236
At 30 October 2022 419,838 2,778,058 3,197,896