Company Registration No. 13915506 (England and Wales)
PERRYLING LTD
Unaudited accounts
for the period from 1 March 2023 to 31 March 2024
PERRYLING LTD
Unaudited accounts
Contents
PERRYLING LTD
Company Information
for the period from 1 March 2023 to 31 March 2024
Company Number
13915506 (England and Wales)
Registered Office
GREENBANK SPORTS CENTRE
GREENBANK LANE
LIVERPOOL
L17 1AG
ENGLAND
PERRYLING LTD
Statement of financial position
as at 31 March 2024
Tangible assets
7,905
7,362
Cash at bank and in hand
1,150
22,698
Net current assets
15,725
24,698
Total assets less current liabilities
23,630
32,060
Creditors: amounts falling due after more than one year
(292,293)
(22,929)
Net (liabilities)/assets
(268,663)
9,131
Called up share capital
1
1
Profit and loss account
(268,664)
9,130
Shareholders' funds
(268,663)
9,131
For the period ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2024 and were signed on its behalf by
K J Perryman
Director
Company Registration No. 13915506
PERRYLING LTD
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
PERRYLING LTD is a private company, limited by shares, registered in England and Wales, registration number 13915506. The registered office is GREENBANK SPORTS CENTRE, GREENBANK LANE, LIVERPOOL, L17 1AG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Computer equipment
33% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
PERRYLING LTD
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
2,555
8,169
10,724
At 31 March 2024
6,914
8,882
15,796
At 1 March 2023
639
2,723
3,362
Charge for the period
1,569
2,960
4,529
At 31 March 2024
2,208
5,683
7,891
At 31 March 2024
4,706
3,199
7,905
At 28 February 2023
1,916
5,446
7,362
5
Creditors: amounts falling due after more than one year
2024
2023
Trade creditors
17,827
10,990
Amounts owed to group undertakings and other participating interests
244,302
-
Taxes and social security
4,548
3,085
Loans from directors
24,716
7,954
6
Average number of employees
During the period the average number of employees was 12 (2023: 12).