IRIS Accounts Production v24.1.0.578 10418902 director 1.11.22 31.10.23 31.10.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104189022022-10-31104189022023-10-31104189022022-11-012023-10-31104189022021-10-31104189022021-11-012022-10-31104189022022-10-3110418902ns15:EnglandWales2022-11-012023-10-3110418902ns14:PoundSterling2022-11-012023-10-3110418902ns10:Director12022-11-012023-10-3110418902ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110418902ns10:SmallEntities2022-11-012023-10-3110418902ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3110418902ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110418902ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110418902ns10:FullAccounts2022-11-012023-10-3110418902ns10:RegisteredOffice2022-11-012023-10-3110418902ns5:CurrentFinancialInstruments2023-10-3110418902ns5:CurrentFinancialInstruments2022-10-3110418902ns5:Non-currentFinancialInstruments2023-10-3110418902ns5:Non-currentFinancialInstruments2022-10-3110418902ns5:ShareCapital2023-10-3110418902ns5:ShareCapital2022-10-3110418902ns5:RetainedEarningsAccumulatedLosses2023-10-3110418902ns5:RetainedEarningsAccumulatedLosses2022-10-3110418902ns5:FurnitureFittings2022-11-012023-10-3110418902ns5:MotorVehicles2022-11-012023-10-3110418902ns5:FurnitureFittings2022-10-3110418902ns5:MotorVehicles2022-10-3110418902ns5:FurnitureFittings2023-10-3110418902ns5:MotorVehicles2023-10-3110418902ns5:FurnitureFittings2022-10-3110418902ns5:MotorVehicles2022-10-3110418902ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3110418902ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 10418902 (England and Wales)















M Perkins Limited

Unaudited Financial Statements

for the Year Ended 31 October 2023






M Perkins Limited (Registered number: 10418902)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


M Perkins Limited

Company Information
for the year ended 31 October 2023







DIRECTOR: Mr M Perkins





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 10418902 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

M Perkins Limited (Registered number: 10418902)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,557 25,697

CURRENT ASSETS
Debtors 5 48,796 46,844
Cash in hand 1,715 11,500
50,511 58,344
CREDITORS
Amounts falling due within one year 6 73,892 75,684
NET CURRENT LIABILITIES (23,381 ) (17,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,176

8,357

CREDITORS
Amounts falling due after more than one
year

7

5,068

8,268
NET ASSETS 108 89

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 107 88
SHAREHOLDERS' FUNDS 108 89

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

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

M Perkins Limited (Registered number: 10418902)

Balance Sheet - continued
31 October 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





Mr M Perkins - Director


M Perkins Limited (Registered number: 10418902)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

M Perkins 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.

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

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - NIL ) .

M Perkins Limited (Registered number: 10418902)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 November 2022 996 59,100 60,096
Additions 500 8,000 8,500
At 31 October 2023 1,496 67,100 68,596
DEPRECIATION
At 1 November 2022 381 34,018 34,399
Charge for year 223 5,417 5,640
At 31 October 2023 604 39,435 40,039
NET BOOK VALUE
At 31 October 2023 892 27,665 28,557
At 31 October 2022 615 25,082 25,697

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,706 22,506
Other debtors 37,090 24,338
48,796 46,844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 13,137 7,872
Trade creditors 20,149 30,963
Taxation and social security 24,410 32,879
Other creditors 16,196 3,970
73,892 75,684

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 5,068 8,268

M Perkins Limited (Registered number: 10418902)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director, Mr M Perkins, owes the company £38,147. s455 tax of £4,796 has been provided on the balance not repaid within 9 months. Loan interest of £820 has been charged in the year.