REGISTERED NUMBER: 10236299 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2025

FOR

PERPETUAL CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I Ali

REGISTERED OFFICE:

11 Whitehall Road

Rugby

United Kingdom

CV21 3AE

REGISTERED NUMBER:

10236299 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP

16 Davy Court

Castle Mound Way

Rugby, CV23 0UZ

Magma Audit LLP is part

Of the Dains Group

CURRENT ASSETS

Debtors

4

199,867

176,848

Cash at bank

48

30,179

199,915

207,027

CREDITORS

Amounts falling due within one year

5

(176,366

)

(178,011

)

NET CURRENT ASSETS

23,549

29,016

TOTAL ASSETS LESS CURRENT LIABILITIES

23,549

29,016

CREDITORS

Amounts falling due after more than one year

6

(23,641

)

(26,415

)

NET (LIABILITIES)/ASSETS

(92

)

2,601

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(192

)

2,501

(92

)

2,601

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2025 and were signed by:

I Ali - Director

1.	STATUTORY INFORMATION

Perpetual Construction Limited is a limited company, registered in England and Wales. Its registered office address is 11 Whitehall Road, Rugby, CV21 3AE and the registered number is 10236299.

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.

The presentation currency of the financial statements is in sterling and the figures are rounded to the nearest £1.

Going Concern

At the year end the company had net current liabilities of £92 (2024: net assets £2,601) . The director has considered this and prepared the financial statements on a going concern basis. The director has confirmed that he will continue to support the company financially for the foreseeable future.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

199,867

176,848

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,548

5,548

Trade creditors

3,084

3,311

Taxation and social security

30,278

32,195

Other creditors

137,456

136,957

176,366

178,011

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

23,641

26,415

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 30 September 2024:

2025

2024

£

£

I Ali

Balance outstanding at start of period

69,311

88,271

Amounts advanced

100,920

11,040

Amounts repaid

(170,000

)

(30,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

231

69,311

8.	RELATED PARTY DISCLOSURES

As at 31 March 2025, the company was owed £19,772 (2024: £27,671) from companies under common control.

As at 31 March 2025, the company was owed £117 (2024: £117) from companies under common control.

As at 31 March 2025, the company was also owed £149,840 (2024: £49,840) from companies under control by close family relations.

As at 31 March 2025, the company owed £135,536 (2024: £135,037) to companies under control by close family relations.