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REGISTERED NUMBER: 03198915 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

PERTH (UK) LIMITED

PERTH (UK) LIMITED (REGISTERED NUMBER: 03198915)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PERTH (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: Mrs C Miles





REGISTERED OFFICE: Walton House
Phillipines Shaw
Emmetts Lane
Sevenoaks
Kent
TN14 6AF





REGISTERED NUMBER: 03198915 (England and Wales)





ACCOUNTANTS: Waight & Company Ltd
Trading as WaightSharnock
8 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

PERTH (UK) LIMITED (REGISTERED NUMBER: 03198915)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,992 9,402
Investments 5 867,376 1,329,907
Investment property 6 2,484,000 2,620,000
3,359,368 3,959,309

CURRENT ASSETS
Cash at bank 1,375,483 1,016,476

CREDITORS
Amounts falling due within one year 7 55,905 92,900
NET CURRENT ASSETS 1,319,578 923,576
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,678,946

4,882,885

CREDITORS
Amounts falling due after more than one year 8 (1,214,926 ) (1,504,104 )

PROVISIONS FOR LIABILITIES (76,597 ) (106,987 )
NET ASSETS 3,387,423 3,271,794

CAPITAL AND RESERVES
Called up share capital 500,001 500,001
Revaluation reserve 9 837,103 973,103
Retained earnings 2,050,319 1,798,690
SHAREHOLDERS' FUNDS 3,387,423 3,271,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

PERTH (UK) LIMITED (REGISTERED NUMBER: 03198915)

BALANCE SHEET - continued
30 April 2024


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 by the director and authorised for issue on 16 August 2024 and were signed by:





Mrs C Miles - Director


PERTH (UK) LIMITED (REGISTERED NUMBER: 03198915)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Perth (UK) 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the total of rents received, consultancy work and amounts received from sales of development properties excluding value added tax.

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 - 15% on reducing balance

Investment property
The properties are included at the directors estimate of their market value.

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 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 1 (2023 - 1 ) .

PERTH (UK) LIMITED (REGISTERED NUMBER: 03198915)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023
and 30 April 2024 89,330
DEPRECIATION
At 1 May 2023 79,928
Charge for year 1,410
At 30 April 2024 81,338
NET BOOK VALUE
At 30 April 2024 7,992
At 30 April 2023 9,402

5. FIXED ASSET INVESTMENTS
Loans to
joint
ventures
£   
At 1 May 2023 1,329,907
New in year 84,740
Repayment in year (547,271 )
At 30 April 2024 867,376

6. INVESTMENT PROPERTY


Fair value at 30 April 2024 is represented by:
£   
Valuation in 2017 432,092
Valuation in 2018 222,000
Valuation in 2022 319,011
Cost 1,646,897
2,620,000

PERTH (UK) LIMITED (REGISTERED NUMBER: 03198915)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 39,960 75,875
Other creditors 15,945 17,025
55,905 92,900

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 1,214,926 1,504,104

Creditors more than one year includes a loan from the directors amounting to £1214926 (2023 £1,504,104

9. RESERVES
Revaluation
reserve
£   
At 1 May 2023 973,103
Property revaluation (136,000 )

At 30 April 2024 837,103

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C Miles.