REGISTERED NUMBER: 00770834 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PERRY PUBLICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J D Gregory

R A Oury

SECRETARY:

Mrs M P Oury

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

00770834 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

451

3,354

Investments

5

13,220

56,707

13,671

60,061

CURRENT ASSETS

Debtors

6

93,358

137,887

Cash at bank

170,082

199,644

263,440

337,531

CREDITORS

Amounts falling due within one year

7

146,261

293,580

NET CURRENT ASSETS

117,179

43,951

TOTAL ASSETS LESS CURRENT LIABILITIES

130,850

104,012

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Retained earnings

120,850

94,012

SHAREHOLDERS' FUNDS

130,850

104,012

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

J D Gregory - Director

1.	STATUTORY INFORMATION

Perry Publications 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.

After making enquiries, the directors have reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period in excess of 12 months from the date these financial statements were approved. Accordingly they continue to adopt the going concern basis in preparing the financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 of tangible fixed assets is provided on the straight line basis over their expected useful lives at the following rates per annum:

Computer equipment 33%

Office equipment 25%

Taxation

Taxation for the year 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 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.

Foreign currencies

Assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the year end. Revenue items are translated at the average rates for the year. All exchange rate differences on transactions during the year are dealt with in the profit and loss account.

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.

Investment in subsidiaries

Investments in subsidiaries are carried at cost less impairment.

Group accounts

Exemption has been taken from the requirement to prepare group accounts under the Companies Act 2006 on the basis that the company belongs to a small sized group as defined in the Companies Act 2006.

Basic financial instruments

Basic Financial Instruments as covered by Section 11 of FRS 102 (Section 1A) are measured at amortised cost. The company does not have any Other Financial Instrument as covered by Section 12 of FRS 102 (Section 1A).

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

410,367

Disposals

(3,767

)

At 30 September 2024

406,600

DEPRECIATION

At 1 October 2023

407,013

Charge for year

1,637

Eliminated on disposal

(2,501

)

At 30 September 2024

406,149

NET BOOK VALUE

At 30 September 2024

451

At 30 September 2023

3,354

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2023

56,707

Additions

100

Disposals

(7,201

)

Impairments

(36,386

)

At 30 September 2024

13,220

NET BOOK VALUE

At 30 September 2024

13,220

At 30 September 2023

56,707

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

62,597

102,466

Amounts owed by group undertakings

-

18,949

VAT

11,066

-

Prepayments and accrued income

19,695

16,472

93,358

137,887

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

22,999

73,966

Amounts owed to group undertakings

61,013

82,992

VAT

-

753

Other creditors

13,594

13,648

Deferred income

-

105,493

Directors' current accounts

20,055

13,933

Accrued expenses

28,600

2,795

146,261

293,580

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

£

10,000

Ordinary

£1

10,000

10,000

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Gregory by virtue of his 69% ownership of the ordinary share capital of the ultimate parent company, Panacea Media Limited.