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REGISTERED NUMBER: 04080849 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Perry Transport Limited

Perry Transport Limited (Registered number: 04080849)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Perry Transport Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: S M Perry
Ms C A Hayes





SECRETARY: S M Perry





REGISTERED OFFICE: 22 Knights Hill
Aldridge
Walsall
West Midlands
WS9 0TG





REGISTERED NUMBER: 04080849 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Perry Transport Limited (Registered number: 04080849)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 789,456 792,838

CURRENT ASSETS
Debtors 5 651,984 678,627
Cash at bank 557,245 359,406
1,209,229 1,038,033
CREDITORS
Amounts falling due within one year 6 (456,974 ) (403,287 )
NET CURRENT ASSETS 752,255 634,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,541,711

1,427,584

PROVISIONS FOR LIABILITIES (197,400 ) (200,100 )
NET ASSETS 1,344,311 1,227,484

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,344,211 1,227,384
SHAREHOLDERS' FUNDS 1,344,311 1,227,484

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:



S M Perry - Director


Perry Transport Limited (Registered number: 04080849)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Perry Transport 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There are no material departures from the standard.

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 - 20% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 29 (2023 - 25 ) .

Perry Transport Limited (Registered number: 04080849)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023 69,431 34,093 2,059,204 2,162,728
Additions 216 5,416 233,285 238,917
Disposals - - (112,580 ) (112,580 )
At 30 June 2024 69,647 39,509 2,179,909 2,289,065
DEPRECIATION
At 1 July 2023 56,142 25,951 1,287,797 1,369,890
Charge for year 3,368 1,705 209,345 214,418
Eliminated on disposal - - (84,699 ) (84,699 )
At 30 June 2024 59,510 27,656 1,412,443 1,499,609
NET BOOK VALUE
At 30 June 2024 10,137 11,853 767,466 789,456
At 30 June 2023 13,289 8,142 771,407 792,838

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 650,724 677,433
Other debtors 1,260 1,194
651,984 678,627

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 188,712 171,437
Taxation and social security 139,227 144,280
Other creditors 129,035 87,570
456,974 403,287

7. SECURED DEBTS

A Debenture including a fixed and floating charge over the company's assets dated 8 June 2010.

Perry Transport Limited (Registered number: 04080849)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
75 Ordinary A £1 75 75
10 Ordinary B £1 10 10
10 Ordinary C £1 10 10
5 Ordinary D £1 5 5
100 100

The A, B, C and D ordinary shares are separate classes of shares and are entitled to dividends declared from time to time on a discretionary basis on each class of share, as a separate class right.

In all other respects the shares rank pari passu, including but not limited to:
(i) the right to receive notice of, to attend and to vote at any general meeting of the company;
(ii) the right to participate in the capital of the company, including on a winding up.

The A, B, C and D shares shall not be entitled to be redeemed whether at the option of the shareholders or the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Perry Transport 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 Perry Transport Limited for the year ended 30 June 2024 which comprise the Profit and loss account, Balance Sheet, Statement of Changes in Equity 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 Perry Transport 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 Perry Transport Limited and state those matters that we have agreed to state to the Board of Directors of Perry Transport 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 Perry Transport Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Perry Transport 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 Perry Transport Limited. You consider that Perry Transport 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 Perry Transport 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.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


27 August 2024