PERFORMANCE FASTENERS LTD

Company Registration Number:
07139807 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

PERFORMANCE FASTENERS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

PERFORMANCE FASTENERS LTD

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 601,545 543,101
Total fixed assets: 601,545 543,101
Current assets
Stocks: 57,243 76,077
Debtors:   377,152 194,898
Cash at bank and in hand: 245,781 211,718
Total current assets: 680,176 482,693
Creditors: amounts falling due within one year:   (261,555) (230,901)
Net current assets (liabilities): 418,621 251,792
Total assets less current liabilities: 1,020,166 794,893
Creditors: amounts falling due after more than one year:   (8,333) (18,333)
Total net assets (liabilities): 1,011,833 776,560
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,011,733 776,460
Shareholders funds: 1,011,833 776,560

The notes form part of these financial statements

PERFORMANCE FASTENERS LTD

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2025
and signed on behalf of the board by:

Name: S MATTHEWS
Status: Director

The notes form part of these financial statements

PERFORMANCE FASTENERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PERFORMANCE FASTENERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 7 7

PERFORMANCE FASTENERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 658,816
Additions 87,044
Disposals (22,950)
At 31 January 2025 722,910
Depreciation
At 01 February 2024 115,715
Charge for year 27,668
On disposals (22,018)
At 31 January 2025 121,365
Net book value
At 31 January 2025 601,545
At 31 January 2024 543,101

PERFORMANCE FASTENERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Financial commitments

The future minimum lease payments under non-cancellable operating leases are as follows: Not later than 1 year 2025 - £17,500 (2024 - £17,500)