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Registered number: 03032712

Perkins Associates (UK) Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW

Perkins Associates (UK) Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECTORS
Mr A A Perkins
SECRETARY
Mr S Perkins (resigned 6/3/17)
REGISTERED OFFICE
26 Station Road
Draycott
Derbys
DE72 3QB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03032712
BANKERS
Yorkshire Bank, 28 St Peter's Street, Derby, DE1 1SL
ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW

Perkins Associates (UK) Limited

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Perkins Associates (UK) Limited

BALANCE SHEET AT 31 December 2023
20232022
Notes££
FIXED ASSETS
Tangible assets47,7635,872
CURRENT ASSETS
Stock22,77124,314
Debtors628,25316,933
Cash at bank and in hand115,47473,367
166,498114,614
CREDITORS: Amounts falling due within one year747,58157,666
NET CURRENT ASSETS118,91756,948
TOTAL ASSETS LESS CURRENT LIABILITIES126,68062,820
PROVISIONS FOR LIABILITIES AND CHARGES8662655
NET ASSETS126,01862,165
CAPITAL AND RESERVES
Called up share capital911
Profit and loss account126,01762,164
SHAREHOLDERS' FUNDS126,01862,165
For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 3 July 2024 and signed on their behalf by
.............................
Mr A A Perkins
Director

Perkins Associates (UK) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsreducing balance 20%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

Perkins Associates (UK) Limited

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 January 2023127,000127,000
At 31 December 2023127,000127,000
Depreciation
At 1 January 2023127,000127,000
At 31 December 2023127,000127,000
Net Book Amounts
At 31 December 2023--
4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 January 20232,55050,89153,441
Additions-2,8072,807
At 31 December 20232,55053,69856,248
Depreciation
At 1 January 20232,32445,24547,569
For the year45871916
At 31 December 20232,36946,11648,485
Net Book Amounts
At 31 December 20231817,5827,763
At 31 December 20222265,6465,872
5. STOCK 20232022
££
Stock comprises:
Stock22,77124,314
22,77124,314

Perkins Associates (UK) Limited

6. DEBTORS 20232022
££
Amounts falling due within one year:
Trade debtors26,65316,933
VAT1,600-
28,25316,933
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax19,9353,008
VAT-1,009
Directors current account5,38011,187
Bank Loan20,06628,667
Trade creditors-11,595
Accruals2,2002,200
47,58157,666
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation662655
662655
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11

Perkins Associates (UK) Limited

10. CONTROLLING PARTY
The company is controlled by the director, Mr A A Perkins, who owns all of the issued share capital of the company.
11. RELATED PARTY TRANSACTIONS
Dividends paid to directors in their capacity as shareholders during the year included £1,000 to Mr A A Perkins (2022: £2,000).