Company Registration No. 14022731 (England and Wales)
Process Perfect Ltd
Unaudited accounts
for the year ended 30 April 2025
Process Perfect Ltd
Unaudited accounts
Contents
Process Perfect Ltd
Company Information
for the year ended 30 April 2025
Company Number
14022731 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom
Process Perfect Ltd
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
140,029
94,831
Creditors: amounts falling due within one year
(53,140)
(47,499)
Net current assets
112,114
58,287
Called up share capital
1
1
Profit and loss account
112,113
58,286
Shareholders' funds
112,114
58,287
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 December 2025 and were signed on its behalf by
Vivien Preston
Director
Company Registration No. 14022731
Process Perfect Ltd
Notes to the Accounts
for the year ended 30 April 2025
Process Perfect Ltd is a private company, limited by shares, registered in England and Wales, registration number 14022731. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amounts falling due within one year
Other debtors
5,425
10,955
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
52,093
46,847
Loans from directors
-
652
Process Perfect Ltd
Notes to the Accounts
for the year ended 30 April 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
10,955
21,434
32,302
87
7
Transactions with related parties
Dividends of £76,936 (2024:£72,794) were paid to the sole Director during the period.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).