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REGISTERED NUMBER: 08419719 (England and Wales)















Perran Maven Ltd

Unaudited Financial Statements

for the Year Ended 27 February 2024






Perran Maven Ltd (Registered number: 08419719)






Contents of the Financial Statements
for the Year Ended 27 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Perran Maven Ltd

Company Information
for the Year Ended 27 February 2024







DIRECTORS: Mr P Larkman
Mrs J Larkman





SECRETARY: Mrs J Larkman





REGISTERED OFFICE: Suite 9 Clive House
Prospect Hill
Redditch
Worcestershire
B97 4BY





REGISTERED NUMBER: 08419719 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

Perran Maven Ltd (Registered number: 08419719)

Balance Sheet
27 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 838 1,017
Investments 5 50 -
888 1,017

CURRENT ASSETS
Cash at bank 1,000 1,004

CREDITORS
Amounts falling due within one year 6 94,707 90,841
NET CURRENT LIABILITIES (93,707 ) (89,837 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(92,819

)

(88,820

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (92,919 ) (88,920 )
(92,819 ) (88,820 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:



Mrs J Larkman - Director


Perran Maven Ltd (Registered number: 08419719)

Notes to the Financial Statements
for the Year Ended 27 February 2024

1. STATUTORY INFORMATION

Perran Maven Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern
The directors believe that the company's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs for a minimum of twelve months from the date of approval of the financial statements.

Perran Maven Ltd (Registered number: 08419719)

Notes to the Financial Statements - continued
for the Year Ended 27 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 28 February 2023 2,295
Additions 100
At 27 February 2024 2,395
DEPRECIATION
At 28 February 2023 1,278
Charge for year 279
At 27 February 2024 1,557
NET BOOK VALUE
At 27 February 2024 838
At 27 February 2023 1,017

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
Additions 50
At 27 February 2024 50
NET BOOK VALUE
At 27 February 2024 50

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 792 1,272
Amounts owed to group undertakings 4,855 -
Taxation and social security 2,008 2,288
Other creditors 87,052 87,281
94,707 90,841

7. RELATED PARTY DISCLOSURES

During the year the company was advanced the sum of £4,855 (2023, £nil) by Carreward Limited, a company that Perran Maven Ltd holds 50% of the ordinary share capital. The loan is interest free and repayable on demand.