REGISTERED NUMBER: 11116814 (England and Wales)

Perry Construction & Developments

Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

D A Perry

Registered office:

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Business address:

6 Coronation Terrace, Butt Lane

Burgh Castle

Great Yarmouth

Norfolk

NR31 9QE

Registered number:

11116814 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Tangible assets

4

19,237

25,728

Current assets

Stocks

8,375

200

Debtors

5

4,096

41,849

Cash at bank

15,806

10,343

28,277

52,392

Creditors

Amounts falling due within one year

6

22,082

34,665

Net current assets

6,195

17,727

Total assets less current liabilities

25,432

43,455

Provisions for liabilities

3,655

6,432

Net assets

21,777

37,023

Capital and reserves

Called up share capital

100

100

Retained earnings

21,677

36,923

Shareholders' funds

21,777

37,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

D A Perry - Director

1.	Statutory information

Perry Construction & Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents sales at invoice value excluding value added tax.

Sales income represents revenue earned under a variety of contracts to provide services. Revenue is recognised as earned when, and to the extent that, the company earns the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses but excluding value added tax.

Revenue is recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts, the amount of revenue reflects the accrual for the right to consideration by reference to the value of work performed. Revenue not billed to customers in included in trade debtors.

Sales income that is contingent on events outside the control of the company are recognised when the contingent event occurs.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures, fittings and equipment

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures,

fittings

Plant and

and

Computer

machinery

equipment

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

59,190

232

2,431

61,853

Additions

948

-

-

948

Disposals

(6,950

)

-

-

(6,950

)

At 31 March 2025

53,188

232

2,431

55,851

Depreciation

At 1 April 2024

33,794

192

2,139

36,125

Charge for year

6,043

15

144

6,202

Eliminated on disposal

(5,713

)

-

-

(5,713

)

At 31 March 2025

34,124

207

2,283

36,614

Net book value

At 31 March 2025

19,064

25

148

19,237

At 31 March 2024

25,396

40

292

25,728

5.

Debtors: amounts falling due within one year

31/3/25

31/3/24

£

£

Trade debtors

-

29,500

Other debtors

4,096

12,349

4,096

41,849

6.

Creditors: amounts falling due within one year

31/3/25

31/3/24

£

£

Trade creditors

645

14,640

Taxation and social security

17,651

14,362

Other creditors

3,786

5,663

22,082

34,665

7.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

D A Perry

Balance outstanding at start of year

2,100

-

Amounts advanced

-

2,100

Amounts repaid

(2,100

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

2,100

The loan was repaid on 31 July 2024.