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Registered number: 07893455
Perranporth Pavilion Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Zamu
Health & Wellbeing Innov Ctr
Treliske
Truro
Cornwall
TR1 3FF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07893455
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 80,122 89,646
80,122 89,646
CURRENT ASSETS
Debtors 5 27,539 12,276
Cash at bank and in hand 9,599 7,197
37,138 19,473
Creditors: Amounts Falling Due Within One Year 6 (55,024 ) (39,429 )
NET CURRENT ASSETS (LIABILITIES) (17,886 ) (19,956 )
TOTAL ASSETS LESS CURRENT LIABILITIES 62,236 69,690
Creditors: Amounts Falling Due After More Than One Year 7 (56,941 ) (69,446 )
NET ASSETS 5,295 244
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 5,195 144
SHAREHOLDERS' FUNDS 5,295 244
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Matthew Burrell
Director
28th November 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Perranporth Pavilion Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07893455 . The registered office is 8 Beach Road, Perranporth, Cornwall, TR6 0JL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 2% straight line
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 5)
6 5
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 34,109 204,859 3,307 242,275
As at 31 March 2025 34,109 204,859 3,307 242,275
Depreciation
As at 1 April 2024 3,411 145,911 3,307 152,629
Provided during the period 682 8,842 - 9,524
As at 31 March 2025 4,093 154,753 3,307 162,153
Net Book Value
As at 31 March 2025 30,016 50,106 - 80,122
As at 1 April 2024 30,698 58,948 - 89,646
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
VAT - 8,558
Due after more than one year
Directors loan account 27,539 3,718
27,539 12,276
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,044 -
Bank loans and overdrafts 5,377 7,421
Other taxes and social security - 3,922
VAT 11,517 -
Other creditors 28,086 28,086
55,024 39,429
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 50,139 55,312
Other creditors 6,802 14,134
56,941 69,446
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4