PEREGRINE IMMIGRATION MANAGEMENT LTD

Company Registration Number:
07569415 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

PEREGRINE IMMIGRATION MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PEREGRINE IMMIGRATION MANAGEMENT LTD

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

The principal activity of the company in the year under review was that of provision of case management immigration software.



Directors

The directors shown below have held office during the whole of the period from
1 January 2022 to 31 December 2022

D T LEHMAN
A I WAHLA
F FRAPOLLI


The director shown below has held office during the period of
1 July 2022 to 31 December 2022

Y Shmulewitz


Secretary CITCO Management (UK) lTD

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 September 2024

And signed on behalf of the board by:
Name: D T LEHMAN
Status: Director

PEREGRINE IMMIGRATION MANAGEMENT LTD

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 545,000 645,000
Gross profit(or loss): 545,000 645,000
Administrative expenses: ( 306,000 ) ( 1,004,000 )
Operating profit(or loss): 239,000 (359,000)
Profit(or loss) before tax: 239,000 (359,000)
Tax: 24,000 59,000
Profit(or loss) for the financial year: 263,000 (300,000)

PEREGRINE IMMIGRATION MANAGEMENT LTD

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Intangible assets: 3 0 151,000
Total fixed assets: 0 151,000
Current assets
Debtors: 4 611,000 438,000
Cash at bank and in hand: 67,000 38,000
Total current assets: 678,000 476,000
Creditors: amounts falling due within one year: 5 ( 223,000 ) ( 435,000 )
Net current assets (liabilities): 455,000 41,000
Total assets less current liabilities: 455,000 192,000
Total net assets (liabilities): 455,000 192,000
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 454,999 191,999
Total Shareholders' funds: 455,000 192,000

The notes form part of these financial statements

PEREGRINE IMMIGRATION MANAGEMENT LTD

Balance sheet statements

For the year ending 31 December 2022 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.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: D T LEHMAN
Status: Director

The notes form part of these financial statements

PEREGRINE IMMIGRATION MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises sales of services and comprises fees earned for services provided in the normal course of business. Turnover is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. Turnover is recognised to the extent that it is probable that the economic benefits associated with a transaction will flow to the group and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, government fees and any sales taxes. Turnover from a contract to provide services is recognised in the period in which the services are provided when all of the following conditions are satisfied: The amount of turnover can be measured reliably; It is probable that the group will receive the consideration due under the contract; The completion of the contract at the end of the reporting period can be determined reliably; and The costs incurred and the costs to complete the contract can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated at rates calculated to write off the cost less residual estimated value of each asset over its expected useful life

PEREGRINE IMMIGRATION MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 5

PEREGRINE IMMIGRATION MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2022 958,000 958,000
Additions
Disposals
Revaluations
Transfers
At 31 December 2022 958,000 958,000
Amortisation
At 1 January 2022 807,000 807,000
Charge for year 151,000 151,000
On disposals
Other adjustments
At 31 December 2022 958,000 958,000
Net book value
At 31 December 2022 0 0
At 31 December 2021 151,000 151,000

PEREGRINE IMMIGRATION MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
£ £
Trade debtors 611,000 438,000
Total 611,000 438,000

PEREGRINE IMMIGRATION MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 0 14,000
Other creditors 223,000 421,000
Total 223,000 435,000