REGISTERED NUMBER: 10639037 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

L&B PERRINS LTD

Page

Company Information

1

Report of the Director

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

MRS T L HARRISON

SECRETARY:

MERLIN BUSINESS SERVICES UK LTD

REGISTERED OFFICE:

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

REGISTERED NUMBER:

10639037 (England and Wales)

ACCOUNTANTS:

MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

The director presents her report with the financial statements of the company for the year ended 31 March 2025.

CESSATION OF TRADING

The company ceased trading on 31 March 2025.

DIRECTORS

The directors who have held office during the period from 1 April 2024 to the date of this report are as follows:

L R PERRINS - deceased 11 December 2024

B L PERRINS - deceased 25 July 2024

MRS T L HARRISON - appointed 11 December 2024

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:

L R PERRINS - Director

1 September 2025

TURNOVER

137,750

238,780

Cost of sales

127,643

218,342

GROSS PROFIT

10,107

20,438

Administrative expenses

14,496

20,542

OPERATING LOSS and

LOSS BEFORE TAXATION

(4,389

)

(104

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(4,389

)

(104

)

Retained earnings at beginning of year

89,027

89,131

RETAINED EARNINGS AT END OF YEAR

84,638

89,027

FIXED ASSETS

Tangible assets

4

97,862

97,862

CURRENT ASSETS

Debtors

5

617

5,867

Cash at bank and in hand

33,159

73,119

33,776

78,986

CREDITORS

Amounts falling due within one year

6

46,998

87,819

NET CURRENT LIABILITIES

(13,222

)

(8,833

)

TOTAL ASSETS LESS CURRENT LIABILITIES

84,640

89,029

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

84,638

89,027

SHAREHOLDERS' FUNDS

84,640

89,029

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

L R PERRINS - Director

1.	STATUTORY INFORMATION

L&B PERRINS 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

127,362

DEPRECIATION

At 1 April 2024

and 31 March 2025

29,500

NET BOOK VALUE

At 31 March 2025

97,862

At 31 March 2024

97,862

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

CIS Tax suffered

617

-

VAT

-

5,867

617

5,867

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

20,357

20,357

C.I.S. Tax

1,329

1,329

VAT

787

-

Directors' current accounts

21,825

64,733

Accrued expenses

2,700

1,400

46,998

87,819