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REGISTERED NUMBER: 13530689 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

PERFORMANCEM LIMITED

PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


PERFORMANCEM LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: Mr S H Shivji
Mr M Ash





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
M44 5XD





REGISTERED NUMBER: 13530689 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)

REPORT OF THE DIRECTORS
for the Year Ended 31 August 2024

The directors present their report with the financial statements of the company for the year ended 31 August 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 September 2023 to the date of this report.

Mr S H Shivji
Mr M Ash

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr S H Shivji - Director


4 August 2025

PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)

BALANCE SHEET
31 August 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 78,234 53,977

CURRENT ASSETS
Stocks 5 154,218 100,584
Debtors 6 (1,472 ) 10,209
Cash at bank and in hand 189,183 145,171
341,929 255,964
CREDITORS
Amounts falling due within one year 7 (125,652 ) (115,622 )
NET CURRENT ASSETS 216,277 140,342
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,511

194,319

PROVISIONS FOR LIABILITIES (19,265 ) (6,848 )
NET ASSETS 275,246 187,471

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 275,145 187,370
275,246 187,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)

BALANCE SHEET - continued
31 August 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 4 August 2025 and were signed on its behalf by:




Mr S H Shivji - Director



Mr M Ash - Director


PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

PerformanceM 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.

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 reducing balance
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 - 42,260 3,962
Additions 2,338 474 4,739
Disposals - - -
At 31 August 2024 2,338 42,734 8,701
DEPRECIATION
At 1 September 2023 - 11,408 1,486
Charge for year 567 7,831 1,888
Eliminated on disposal - - -
At 31 August 2024 567 19,239 3,374
NET BOOK VALUE
At 31 August 2024 1,771 23,495 5,327
At 31 August 2023 - 30,852 2,476

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 27,000 820 74,042
Additions 50,000 1,908 59,459
Disposals (27,000 ) - (27,000 )
At 31 August 2024 50,000 2,728 106,501
DEPRECIATION
At 1 September 2023 6,750 421 20,065
Charge for year 6,698 499 17,483
Eliminated on disposal (9,281 ) - (9,281 )
At 31 August 2024 4,167 920 28,267
NET BOOK VALUE
At 31 August 2024 45,833 1,808 78,234
At 31 August 2023 20,250 399 53,977

5. STOCKS
31.8.24 31.8.23
£    £   
Stocks 154,218 100,584

PERFORMANCEM LIMITED (REGISTERED NUMBER: 13530689)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors (1,472 ) 10,209

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 76,062 64,011
Taxation and social security 44,593 49,978
Other creditors 4,997 1,633
125,652 115,622

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Ash.