Performa IT Limited - Filleted accounts

Registered number

07579500

Performa IT Limited

Accounts

For the Year Ended

31 March 2025

Oakensen

Chartered Accountants

Bryer Ash Business Park

Trowbridge

Wiltshire

BA14 8HE

Performa IT Limited
Registered number:		07579500
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		40,430			54,831

Current assets
Debtors	4	409,632			482,864
Cash at bank and in hand		343,142			444,350
		752,774			927,214

Creditors: amounts falling due within one year	5	(525,907)			(585,582)

Net current assets			226,867			341,632

Total assets less current liabilities			267,297			396,463

Creditors: amounts falling due after more than one year	6		-			(22,579)

Provisions for liabilities			(10,108)			(13,708)


Net assets			257,189			360,176

Capital and reserves
Called up share capital			100			100
Profit and loss account			257,089			360,076

Shareholders' funds			257,189			360,176

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




B J Coleman
Director
Approved by the board on 10 December 2025

Performa IT Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is recognised when the work has been completed.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and computer equipment	over 4 years
	Fixtures and fittings	over 4 years

	Debtors
	Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price, which is usually the invoice price.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			21		18


3	Tangible fixed assets
		Plant and machinery		Fixtures and fittings		Total
£			£		£
	Cost
	At 1 April 2024	68,141		18,394		86,535
	Additions	4,198		1,508		5,706
	Disposals	(1,249)		-		(1,249)
	At 31 March 2025	71,090		19,902		90,992

	Depreciation
	At 1 April 2024	27,372		4,332		31,704
	Charge for the year	15,478		4,629		20,107
	On disposals	(1,249)		-		(1,249)
	At 31 March 2025	41,601		8,961		50,562

	Net book value
	At 31 March 2025	29,489		10,941		40,430
	At 31 March 2024	40,769		14,062		54,831


4	Debtors			2025		2024
£					£

	Trade debtors			276,990		296,073
	Other debtors			132,642		186,791
				409,632		482,864


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			120,984		37,244
	Trade creditors			61,973		41,680
	Taxation and social security costs			207,437		280,820
	Other creditors			135,513		225,838
				525,907		585,582


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		22,579


7	Other information

	Performa IT Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 402 Stonehouse Park
	Sperry Way
	Stonehouse
	Gloucestershire
	GL10 3UT