Perfit Properties Ltd - Filleted accounts

Registered number

14664511

Perfit Properties Ltd

Filleted Accounts

28 February 2025

Perfit Properties Ltd
Registered number:		14664511
Balance Sheet
as at 28 February 2025

Notes			2025
£
Current assets
Cash at bank and in hand		350,001

Creditors: amounts falling due within one year	3	(350,250)

Net current liabilities			(249)

Net liabilities			(249)

Capital and reserves
Called up share capital			1
Profit and loss account			(250)

Shareholder's funds			(249)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P R Bheemanandham
Director
Approved by the board on 17 October 2025

Perfit Properties Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025
Number

	Average number of persons employed by the company	1


3	Creditors: amounts falling due within one year	2025
£

	Accrued expenses	250
	Other creditors	350,000
		350,250


4	Related party transactions

	During the year, advances were made to the company from Purview Consultancy Services Ltd (SC389144), who share the same directorship and ownership. The loan carries no interest charge and there are no immediate repayment terms.


5	Controlling party

	The Director, Mr P R Bheemanandham, holds a 100% beneficial interest in the share capital of the company.


6	Other information

	Perfit Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	14 Levens Hall Drive
	Westcroft
	Milton Keynes
	England
	MK4 4FL