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REGISTERED NUMBER: 06688245 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

PERFECT GRASS LIMITED

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

PERFECT GRASS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: L V Giles
G Hall





REGISTERED OFFICE: 166 Sidcup Hill
Sidcup
Kent
DA14 6JW





REGISTERED NUMBER: 06688245 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,928 89,960

CURRENT ASSETS
Stocks 53,483 53,893
Debtors 5 32,541 45,786
Cash in hand - (150 )
86,024 99,529
CREDITORS
Amounts falling due within one year 6 79,862 123,285
NET CURRENT ASSETS/(LIABILITIES) 6,162 (23,756 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,090

66,204

CREDITORS
Amounts falling due after more than one
year

7

(73,356

)

(92,945

)

PROVISIONS FOR LIABILITIES (13,096 ) (17,142 )
NET LIABILITIES (11,362 ) (43,883 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (11,562 ) (44,083 )
SHAREHOLDERS' FUNDS (11,362 ) (43,883 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

BALANCE SHEET - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:




L V Giles - Director



G Hall - Director


PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Perfect Grass 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 14 ) .

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022
and 30 September 2023 172,516 2,773 5,412 180,701
DEPRECIATION
At 1 October 2022 82,688 2,641 5,412 90,741
Charge for year 21,051 (19 ) - 21,032
At 30 September 2023 103,739 2,622 5,412 111,773
NET BOOK VALUE
At 30 September 2023 68,777 151 - 68,928
At 30 September 2022 89,828 132 - 89,960

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 30,182 24,665
Other debtors 2,359 -
Tax - 21,121
32,541 45,786

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 33,898 34,652
Hire purchase contracts and finance leases (see note 8)
12,901

14,299
Trade creditors 1,704 14,589
Tax 1,612 19,993
Social security and other taxes 1,148 1,526
VAT 24,017 24,378
Other creditors 1,556 3,889
Directors' current accounts 3,025 8,360
Accrued expenses 1 1,599
79,862 123,285

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans - 1-2 years 10,185 9,943
Bank loans - 2-5 years 13,006 20,527
Bank loans more 5 yr by instal - 2,607
Hire purchase contracts and finance leases (see note 8)
50,165

59,868
73,356 92,945

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.9.23 30.9.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,607

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts Finance leases
30.9.23 30.9.22 30.9.23 30.9.22
£    £    £    £   
Gross obligations repayable:
Within one year - 1,378 12,901 13,012
Between one and five years - - 50,165 59,868
- 1,378 63,066 72,880

Finance charges repayable:
Within one year - 91 - -

Net obligations repayable:
Within one year - 1,287 12,901 13,012
Between one and five years - - 50,165 59,868
- 1,287 63,066 72,880

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the directors were owed £3,025 from the company (2022: £8,360). There are no terms attached to this loan.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PERFECT GRASS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Perfect Grass Limited for the year ended 30 September 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Perfect Grass Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Perfect Grass Limited and state those matters that we have agreed to state to the Board of Directors of Perfect Grass Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Perfect Grass Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Perfect Grass Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Perfect Grass Limited. You consider that Perfect Grass Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Perfect Grass Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


13 March 2024