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REGISTERED NUMBER: 06545280 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Perio Limited

Perio Limited (Registered number: 06545280)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Perio Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr P J Odendaal





SECRETARY: Mrs A M Odendaal





REGISTERED OFFICE: Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP





REGISTERED NUMBER: 06545280 (England and Wales)





ACCOUNTANTS: Havard & Associates
Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP

Perio Limited (Registered number: 06545280)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 27,841 41,764
Tangible assets 5 54,855 53,899
82,696 95,663

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6 147,431 203,791
Cash at bank and in hand 5,698 8,584
158,129 217,375
CREDITORS
Amounts falling due within one year 7 105,300 199,506
NET CURRENT ASSETS 52,829 17,869
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,525

113,532

CREDITORS
Amounts falling due after more than one
year

8

(19,162

)

(36,299

)

PROVISIONS FOR LIABILITIES (6,970 ) (6,788 )
NET ASSETS 109,393 70,445

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 109,391 70,443
SHAREHOLDERS' FUNDS 109,393 70,445

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

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

The director acknowledges his 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.

Perio Limited (Registered number: 06545280)

Balance Sheet - continued
31 March 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 2 September 2024 and were signed by:





Mr P J Odendaal - Director


Perio Limited (Registered number: 06545280)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Perio 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 33% on cost and 20% on reducing balance

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 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.

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.

Perio Limited (Registered number: 06545280)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 208,837
AMORTISATION
At 1 April 2023 167,073
Charge for year 13,923
At 31 March 2024 180,996
NET BOOK VALUE
At 31 March 2024 27,841
At 31 March 2023 41,764

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 210,235
DEPRECIATION
At 1 April 2023 156,336
Charge for year (956 )
At 31 March 2024 155,380
NET BOOK VALUE
At 31 March 2024 54,855
At 31 March 2023 53,899

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,088 3,869
Other debtors 146,343 199,922
147,431 203,791

Perio Limited (Registered number: 06545280)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 32,842 54,375
Hire purchase contracts 8,654 20,441
Trade creditors 6,014 9,693
Taxation and social security 45,501 48,861
Other creditors 12,289 66,136
105,300 199,506

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 19,162 29,184
Hire purchase contracts - 7,115
19,162 36,299

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

There was a loan brought forward from the previous year of £ 6,879 which was repaid in full during the current financial year. However there were further loans in the year of £ 6,138 which remained unpaid at the year end.

The loans were unsecured and interest was charged accordingly at 2.5% per annum pro rata.