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REGISTERED NUMBER: 11762030 (England and Wales)












Unaudited Financial Statements

for the Period 1 October 2023 to 31 March 2025

for

Oliver Perry Ltd

Oliver Perry Ltd (Registered number: 11762030)






Contents of the Financial Statements
for the period 1 October 2023 to 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Oliver Perry Ltd

Company Information
for the period 1 October 2023 to 31 March 2025







DIRECTORS: Mrs E R Hickmott
O J Perry





REGISTERED OFFICE: Shanty Farm
Moss Lane
Byley
Middlewich
Cheshire
CW10 9NG





REGISTERED NUMBER: 11762030 (England and Wales)





ACCOUNTANTS: Banks Sheridan
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Oliver Perry Ltd (Registered number: 11762030)

Statement of Financial Position
31 March 2025

2025 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - 300
Tangible assets 6 247,118 170,268
247,118 170,568

CURRENT ASSETS
Stocks 7 68,042 55,149
Debtors: amounts falling due within one year 8 490,995 308,869
Debtors: amounts falling due after more than
one year

8

-

19,717
Cash at bank and in hand 39,055 53,348
598,092 437,083
CREDITORS
Amounts falling due within one year 9 (660,024 ) (454,917 )
NET CURRENT LIABILITIES (61,932 ) (17,834 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,186

152,734

CREDITORS
Amounts falling due after more than one
year

10

(82,412

)

(73,209

)

PROVISIONS FOR LIABILITIES 14 (54,224 ) (31,716 )
NET ASSETS 48,550 47,809

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 38,550 37,809
SHAREHOLDERS' FUNDS 48,550 47,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

Oliver Perry Ltd (Registered number: 11762030)

Statement of Financial Position - continued
31 March 2025


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by:





O J Perry - Director


Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements
for the period 1 October 2023 to 31 March 2025

1. STATUTORY INFORMATION

Oliver Perry Ltd ('The Company') are a wholesaler of fruit and vegetables.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is Moss Lane, Cranage, Cheshire, CW10 9NG and address of the registered office is Shanty Farm, Moss Lane Byley, Middlewich, Cheshire, CW10 9NG. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

The accounting reference date of the company has been lengthened to report an eighteen-month trading period ended 31 March 2025. The comparative period is a twelve-month period.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors, other than those relating to the economy, in general and the hospitality sector, in particular.

Notwithstanding any uncertainties, including the net current liability position shown in the balance sheet, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, has been amortised evenly over its useful life of five years.

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates so as to write off their cost less residual amounts over their estimated useful economic lives. Assets are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the assets carrying amount exceeds its recoverable amount.

Improvements to leasehold- Straight line over remainder of lease
Plant and machinery- 5% on cost
Plant and machinery- 20% on cost
Fixtures and fittings- 25% on reducing balance
Motor vehicles- 25% on reducing balance
Computer equipment- 33.33% on cost

The residual values and useful lives of assets are reviewed and adjusted if appropriate at each statement of financial position date.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value).

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 end of the financial period.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of the financial period.

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 period 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

3. ACCOUNTING POLICIES - continued

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.

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 16 (2023 - 12 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 31 March 2025 1,000
AMORTISATION
At 1 October 2023 700
Amortisation for period 300
At 31 March 2025 1,000
NET BOOK VALUE
At 31 March 2025 -
At 30 September 2023 300

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023 19,569 31,503 17,287
Additions - 35,215 1,744
Disposals - - -
At 31 March 2025 19,569 66,718 19,031
DEPRECIATION
At 1 October 2023 1,398 3,740 7,420
Charge for period 14,677 8,857 3,882
Eliminated on disposal - - -
At 31 March 2025 16,075 12,597 11,302
NET BOOK VALUE
At 31 March 2025 3,494 54,121 7,729
At 30 September 2023 18,171 27,763 9,867

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 185,561 5,712 259,632
Additions 136,254 2,349 175,562
Disposals (26,499 ) - (26,499 )
At 31 March 2025 295,316 8,061 408,695
DEPRECIATION
At 1 October 2023 74,197 2,609 89,364
Charge for period 54,773 2,054 84,243
Eliminated on disposal (12,030 ) - (12,030 )
At 31 March 2025 116,940 4,663 161,577
NET BOOK VALUE
At 31 March 2025 178,376 3,398 247,118
At 30 September 2023 111,364 3,103 170,268

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 154,779
Additions 87,504
Transfer to ownership (37,999 )
At 31 March 2025 204,284
DEPRECIATION
At 1 October 2023 58,624
Charge for period 40,941
Transfer to ownership (20,170 )
At 31 March 2025 79,395
NET BOOK VALUE
At 31 March 2025 124,889
At 30 September 2023 96,155

7. STOCKS
2025 2023
£    £   
Stocks 68,042 55,149

8. DEBTORS
2025 2023
£    £   
Amounts falling due within one year:
Trade debtors 399,686 264,019
Other debtors 91,309 44,850
490,995 308,869

Amounts falling due after more than one year:
Other debtors - 19,717

Aggregate amounts 490,995 328,586

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Bank loans and overdrafts (see note 11) 5,255 5,040
Hire purchase contracts (see note 12) 31,148 38,307
Trade creditors 380,195 251,129
Taxation and social security 21,300 28,836
Other creditors 222,126 131,605
660,024 454,917

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2023
£    £   
Bank loans (see note 11) 24,085 32,133
Hire purchase contracts (see note 12) 58,327 41,076
82,412 73,209

11. LOANS

An analysis of the maturity of loans is given below:

2025 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,255 5,040

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,255 5,039

Amounts falling due between two and five years:
Bank loans - 2-5 years 18,830 27,094

12. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2025 2023
£    £   
Net obligations repayable:
Within one year 31,148 38,307
Between one and five years 58,327 41,076
89,475 79,383

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

12. LEASING AGREEMENTS - continued

Non-cancellable
operating leases
2025 2023
£    £   
Within one year 7,246 12,421
Between one and five years - 13,456
7,246 25,877

13. SECURED DEBTS

The following secured debts are included within creditors:

2025 2023
£    £   
Hire purchase contracts 89,475 79,383
Invoice financing 211,641 124,080
301,116 203,463

The hire purchase contracts are secured over the assets to which they relate.

Invoice financing liabilities are secured over trade debts of the company.

14. PROVISIONS FOR LIABILITIES
2025 2023
£    £   
Deferred tax 54,224 31,716

Deferred
tax
£   
Balance at 1 October 2023 31,716
Charge to Income Statement during period 22,508
Balance at 31 March 2025 54,224

15. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2025 and the year ended 30 September 2023:

2025 2023
£    £   
O J Perry
Balance outstanding at start of period - 8,946
Amounts advanced 49,126 66,808
Amounts repaid - (75,754 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 49,126 -

Oliver Perry Ltd (Registered number: 11762030)

Notes to the Financial Statements - continued
for the period 1 October 2023 to 31 March 2025

15. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs E R Hickmott
Balance outstanding at start of period - -
Amounts advanced 6,390 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 6,390 -

During the period interest receivable of £271 (2023: £190) has been charged in respect of the director's loans.

At 31 March 2025 an amount of £55,516 is owed from the directors and this is included within other debtors: amounts falling due within one year.

At 30 September 2023 an amount of £1,330 was owed to the directors and this is included within other creditors: amounts falling due within one year.