IRIS Accounts Production v25.1.3.33 05291742 Board of Directors Board of Directors 1.12.23 30.11.24 30.11.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052917422023-11-30052917422024-11-30052917422023-12-012024-11-30052917422022-11-30052917422022-12-012023-11-30052917422023-11-3005291742ns15:EnglandWales2023-12-012024-11-3005291742ns14:PoundSterling2023-12-012024-11-3005291742ns10:Director12023-12-012024-11-3005291742ns10:Director22023-12-012024-11-3005291742ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3005291742ns10:SmallEntities2023-12-012024-11-3005291742ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3005291742ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3005291742ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3005291742ns10:FullAccounts2023-12-012024-11-300529174212023-12-012024-11-3005291742ns10:CompanySecretary12023-12-012024-11-3005291742ns10:RegisteredOffice2023-12-012024-11-3005291742ns5:CurrentFinancialInstruments2024-11-3005291742ns5:CurrentFinancialInstruments2023-11-3005291742ns5:ShareCapital2024-11-3005291742ns5:ShareCapital2023-11-3005291742ns5:RetainedEarningsAccumulatedLosses2024-11-3005291742ns5:RetainedEarningsAccumulatedLosses2023-11-3005291742ns5:NetGoodwill2023-12-012024-11-3005291742ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3005291742ns5:PlantMachinery2023-12-012024-11-3005291742ns5:NetGoodwill2023-11-3005291742ns5:NetGoodwill2024-11-3005291742ns5:NetGoodwill2023-11-3005291742ns5:PlantMachinery2023-11-3005291742ns5:PlantMachinery2024-11-3005291742ns5:PlantMachinery2023-11-3005291742ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3005291742ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30
REGISTERED NUMBER: 05291742 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

PERKIN & ROUNCEFIELD LTD

PERKIN & ROUNCEFIELD LTD (REGISTERED NUMBER: 05291742)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PERKIN & ROUNCEFIELD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: R J Perkin
B Rouncefield





SECRETARY: Mrs RF Perkin





REGISTERED OFFICE: The Old School
The Stennack
St Ives
Cornwall
TR26 1QU





REGISTERED NUMBER: 05291742 (England and Wales)





ACCOUNTANTS: Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU

PERKIN & ROUNCEFIELD LTD (REGISTERED NUMBER: 05291742)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 12,029 8,855
12,029 8,855

CURRENT ASSETS
Debtors 6 45,898 99,214
Cash at bank 49,981 52,313
95,879 151,527
CREDITORS
Amounts falling due within one year 7 46,940 52,102
NET CURRENT ASSETS 48,939 99,425
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,968

108,280

PROVISIONS FOR LIABILITIES 3,007 2,214
NET ASSETS 57,961 106,066

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings 57,857 105,962
SHAREHOLDERS' FUNDS 57,961 106,066

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

PERKIN & ROUNCEFIELD LTD (REGISTERED NUMBER: 05291742)

BALANCE SHEET - continued
30 NOVEMBER 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 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 23 May 2025 and were signed on its behalf by:




R J Perkin - Director



B Rouncefield - Director


PERKIN & ROUNCEFIELD LTD (REGISTERED NUMBER: 05291742)

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

1. STATUTORY INFORMATION

Perkin & Rouncefield 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.

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 2004, is being amortised evenly over its estimated useful life of ten 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 - 25% on reducing balance and Straight line over 3 years

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 4 (2023 - 4 ) .

PERKIN & ROUNCEFIELD LTD (REGISTERED NUMBER: 05291742)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 30,000
AMORTISATION
At 1 December 2023
and 30 November 2024 30,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 37,954
Additions 5,000
At 30 November 2024 42,954
DEPRECIATION
At 1 December 2023 29,099
Charge for year 1,826
At 30 November 2024 30,925
NET BOOK VALUE
At 30 November 2024 12,029
At 30 November 2023 8,855

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,615 10,326
Other debtors 32,283 88,888
45,898 99,214

The overdrawn Director's Current Accounts were repaid within 9 months of the year end.

PERKIN & ROUNCEFIELD LTD (REGISTERED NUMBER: 05291742)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,766 11,928
Taxation and social security 27,788 37,939
Other creditors 2,386 2,235
46,940 52,102