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REGISTERED NUMBER: 06688245 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PERFECT GRASS LIMITED

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

PERFECT GRASS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: L V Giles
G Hall





REGISTERED OFFICE: 166 Sidcup Hill
Sidcup
Kent
DA14 6JW





REGISTERED NUMBER: 06688245 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,121 68,928

CURRENT ASSETS
Stocks 40,000 53,483
Debtors 5 - 32,541
40,000 86,024
CREDITORS
Amounts falling due within one year 6 73,048 79,862
NET CURRENT (LIABILITIES)/ASSETS (33,048 ) 6,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,073

75,090

CREDITORS
Amounts falling due after more than one
year

7

(59,714

)

(73,356

)

PROVISIONS FOR LIABILITIES (9,713 ) (13,096 )
NET LIABILITIES (51,354 ) (11,362 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (51,554 ) (11,562 )
SHAREHOLDERS' FUNDS (51,354 ) (11,362 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 3 April 2025 and were signed on its behalf by:



G Hall - Director


PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Perfect Grass 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

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 - 25% on cost
Computer equipment - 33% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 172,516 2,773 5,412 180,701
Disposals (2,813 ) - - (2,813 )
At 30 September 2024 169,703 2,773 5,412 177,888
DEPRECIATION
At 1 October 2023 103,739 2,622 5,412 111,773
Charge for year 17,014 75 - 17,089
Eliminated on disposal (2,095 ) - - (2,095 )
At 30 September 2024 118,658 2,697 5,412 126,767
NET BOOK VALUE
At 30 September 2024 51,045 76 - 51,121
At 30 September 2023 68,777 151 - 68,928

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors - 30,182
Other debtors - 2,359
- 32,541

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 32,945 33,898
Finance leases (see note 8) 13,642 12,901
Trade creditors - 1,704
Tax 4,502 1,612
Social security and other taxes 1,497 1,148
VAT 11,665 24,017
Other creditors 4,615 1,556
Directors' current accounts 1,980 3,025
Accrued expenses 2,202 1
73,048 79,862

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 10,185 10,185
Bank loans - 2-5 years 13,006 13,006
Finance leases (see note 8) 36,523 50,165
59,714 73,356

PERFECT GRASS LIMITED (REGISTERED NUMBER: 06688245)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8. LEASING AGREEMENTS

Minimum lease payments under finance leases fall due as follows:

Finance leases
30.9.24 30.9.23
£    £   
Net obligations repayable:
Within one year 13,642 12,901
Between one and five years 36,523 50,165
50,165 63,066

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the directors were owed £1,981 from the company (2023: £3,025). There are no terms attached to this loan.

10. DIVIDENDS

The director acknowledges that excess dividends have been distributed. The directors are the majority shareholders and they are aware that they may be required to repay the dividends to the company if necessary.

11. GOING CONCERN

Further to note 12, despite current liabilities being in excess of current assets, the accounts have been prepared on a going concern basis as restatement of the figures would not have a material effect.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PERFECT GRASS 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 Perfect Grass Limited for the year ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 Perfect Grass 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 Perfect Grass Limited and state those matters that we have agreed to state to the Board of Directors of Perfect Grass 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 Perfect Grass Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Perfect Grass 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 loss of Perfect Grass Limited. You consider that Perfect Grass 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 Perfect Grass 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


4 April 2025