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REGISTERED NUMBER: 14466377 (England and Wales)















PERFECTION PLUS GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 7 NOVEMBER 2022 TO 31 MARCH 2024






PERFECTION PLUS GROUP LIMITED (REGISTERED NUMBER: 14466377)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 MARCH 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


PERFECTION PLUS GROUP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 MARCH 2024







DIRECTOR: Ms S A Sampson





REGISTERED OFFICE: 6 Westwood Court
Brunel Road
Totton
Southampton
Hampshire
SO40 3WX





REGISTERED NUMBER: 14466377 (England and Wales)





ACCOUNTANTS: Rothmans CF Limited
Fryern House
125 Winchester Road
Chandlers Ford
Hampshire
SO53 2DR

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PERFECTION PLUS GROUP LIMITED


The following reproduces the text of the report prepared for the director 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 Director 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 Perfection Plus Group Limited for the period ended 31 March 2024 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 director of Perfection Plus Group Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Perfection Plus Group Limited and state those matters that we have agreed to state to the director of Perfection Plus Group Limited 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 Perfection Plus Group Limited and its director for our work or for this report.

It is your duty to ensure that Perfection Plus Group 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 Perfection Plus Group Limited. You consider that Perfection Plus Group Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Perfection Plus Group 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.






Rothmans CF Limited
Fryern House
125 Winchester Road
Chandlers Ford
Hampshire
SO53 2DR


24 July 2024

PERFECTION PLUS GROUP LIMITED (REGISTERED NUMBER: 14466377)

BALANCE SHEET
31 MARCH 2024

Notes £ £
FIXED ASSETS
Tangible assets 4 286,956
Investments 5 99
287,055

CURRENT ASSETS
Cash at bank 41,724

CREDITORS
Amounts falling due within one year 6 301,009
NET CURRENT LIABILITIES (259,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,770

CAPITAL AND RESERVES
Called up share capital 9
Retained earnings 27,761
27,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 24 July 2024 and were signed by:





Ms S A Sampson - Director


PERFECTION PLUS GROUP LIMITED (REGISTERED NUMBER: 14466377)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Perfection Plus Group Limited is a private company, limited by shares, registered in England and Wales. The Company's registered number is 14466377 and the registered office address is 6 Westwood Court, Brunel Road, Totton, Hampshire, SO40 3WX.

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 presentation currency is £ sterling.

Going concern
The financial statements have been prepared on the going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Perfection Plus Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date, and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

The director does not consider there to be any significant judgements or estimates.

Turnover
Turnover is measured at the fair value of the rent received.

Tangible fixed assets
All fixed assets are initially recorded at cost and subsequently carried at cost less accumulated depreciation.

The cost of fixed assets initially recognised includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Buildings- 5% straight line

Land is not depreciated.

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

Fixed assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in the income statement.

Financial instruments
The company only has financial assets and liabilities of the kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and debt instruments are subsequently measured at amortised cost.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


PERFECTION PLUS GROUP LIMITED (REGISTERED NUMBER: 14466377)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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 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 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.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Land and
buildings
£
COST
Additions 290,737
At 31 March 2024 290,737
DEPRECIATION
Charge for period 3,781
At 31 March 2024 3,781
NET BOOK VALUE
At 31 March 2024 286,956

The property is rented by the subsidiary, Perfection Plus Limited.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
Additions 99
At 31 March 2024 99
NET BOOK VALUE
At 31 March 2024 99

PERFECTION PLUS GROUP LIMITED (REGISTERED NUMBER: 14466377)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 NOVEMBER 2022 TO 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Amounts owed to group undertakings 290,827
Corporation tax 7,683
Accruals and deferred income 2,499
301,009