Perrin & Keys Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Perrin & Keys Ltd for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Perrin & Keys Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Perrin & Keys Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Perrin & Keys Ltd and state those matters that we have agreed to state to the directors of Perrin & Keys Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Perrin & Keys Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Perrin & Keys Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Perrin & Keys Ltd . You consider that Perrin & Keys Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Perrin & Keys Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

30/12/2025

MPU Associates Limited

2 Water Street

Stamford

Lincs

PE9 2NJ

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Perrin & Keys Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 11876043

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		9,333		11,333
Tangible Assets	5		5,208		5,987

			14,541		17,320
CURRENT ASSETS
Stocks	6	3,500		3,134
Debtors	7	7,661		4,660
Cash at bank and in hand		2,817		1,154

		13,978		8,948
Creditors: Amounts Falling Due Within One Year	8	(165,374 )		(155,502 )

NET CURRENT ASSETS (LIABILITIES)			(151,396 )		(146,554 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(136,855 )		(129,234 )

Creditors: Amounts Falling Due After More Than One Year	9		(14,376 )		(24,829 )

NET LIABILITIES			(151,231 )		(154,063 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(151,233 )		(154,065 )

SHAREHOLDERS' FUNDS			(151,231)		(154,063)

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Perrin & Keys Ltd

Balance Sheet (continued)

As At 31 March 2025

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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Zak Perrin

Director

30/12/2025

The notes on pages 4 to 6 form part of these financial statements.

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Perrin & Keys Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Perrin & Keys Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11876043 . The registered office is The Falcon Inn, Fotheringhay, Peterborough, PE8 5HZ.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. 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:

Fixtures & Fittings

15% Reducing balance

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2024: 17)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	20,000

As at 31 March 2025	20,000

Amortisation
As at 1 April 2024	8,667
Provided during the period	2,000

As at 31 March 2025	10,667

...CONTINUED

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Perrin & Keys Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	9,333

As at 1 April 2024	11,333

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	11,792
Additions	140

As at 31 March 2025	11,932

Depreciation
As at 1 April 2024	5,805
Provided during the period	919

As at 31 March 2025	6,724

Net Book Value
As at 31 March 2025	5,208

As at 1 April 2024	5,987

6. Stocks

	2025	2024
	£	£
Stock	3,500	3,134

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,428	-
Other debtors	4,233	4,660

	7,661	4,660

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	42,773	36,163
Bank loans and overdrafts	15,108	14,264
Other loans	(9,707 )	-
Other creditors	23,498	43,777
Taxation and social security	93,702	61,298

	165,374	155,502

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Perrin & Keys Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	14,376	24,829

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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