Panel Perfect Pdr Ltd

Registered Number: 10103467 Panel Perfect Pdr Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	5	4,045	6,818
		4,045	6,818
Current assets
Debtors: amounts falling due within one year		10,539	5,570
Cash at bank and in hand		4,471	2,001
		15,010	7,571
Creditors: amount falling due within one year		(17,643)	(10,949)
Net current assets		(2,633)	(3,378)

Total assets less current liabilities		1,412	3,440
Creditors: amount falling due after more than one year		(499)	(3,243)
Net assets		913	197

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		813	97
Shareholders' funds		913	197

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the director on 13 November 2025 and were signed by:

-------------------------------
Mark Clapham
Director

Panel Perfect Pdr Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Panel Perfect Pdr Ltd is a private company, limited by shares, registered in England and Wales, registration number 10103467, registration address 34 Fernleigh Crescent, Up Hatherley, Cheltenham, Gloucestershire, GL51 3QL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Straight Line

Directors' Emoluments

	2025 £	2024 £
Administrative Expenses
Directors Salaries	20,700	27,600
	20,700	27,600

3.	Average number of employees Average number of employees during the year was 1 (2024 : 2).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2024	10,000	10,000
Additions	-	-
Disposals	-	-
At 31 March 2025	10,000	10,000
Amortisation
At 01 April 2024	10,000	10,000
Charge for year	-	-
On disposals	-	-
At 31 March 2025	10,000	10,000
Net book values
At 31 March 2025	-	-
At 31 March 2024	-	-

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	16,157	24,236	1,199	41,592
Additions	-	-	118	118
Disposals	-	-	-	-
At 31 March 2025	16,157	24,236	1,317	41,710
Depreciation
At 01 April 2024	13,015	20,826	933	34,774
Charge for year	1,866	853	172	2,891
On disposals	-	-	-	-
At 31 March 2025	14,881	21,679	1,105	37,665
Net book values
Closing balance as at 31 March 2025	1,276	2,557	212	4,045
Opening balance as at 01 April 2024	3,142	3,410	266	6,818

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
75 Class A shares of £1.00 each	75	75
25 Class B shares of £1.00 each	25	25
	100	100

Registered Number: 10103467
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
PANEL PERFECT PDR LTD