REGISTERED NUMBER: 05651191 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PERQUIP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V A Perry

Mrs C Perry

T D Perry

SECRETARY:

Ms B A Edge

REGISTERED OFFICE:

Field House Farm

New Ellerby

Hull

East Yorkshire

HU11 5AP

REGISTERED NUMBER:

05651191 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Intangible assets

4

7,000

7,000

Tangible assets

5

547,623

481,742

554,623

488,742

CURRENT ASSETS

Stocks

635,560

627,195

Debtors

6

279,063

244,685

Cash at bank and in hand

265,711

207,420

1,180,334

1,079,300

CREDITORS

Amounts falling due within one year

7

250,561

208,314

NET CURRENT ASSETS

929,773

870,986

TOTAL ASSETS LESS CURRENT LIABILITIES

1,484,396

1,359,728

CREDITORS

Amounts falling due after more than one year

8

(55,000

)

(60,000

)

PROVISIONS FOR LIABILITIES

(117,313

)

(112,180

)

NET ASSETS

1,312,083

1,187,548

CAPITAL AND RESERVES

Called up share capital

220

220

Retained earnings

1,311,863

1,187,328

SHAREHOLDERS' FUNDS

1,312,083

1,187,548

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

V A Perry - Director

1.	STATUTORY INFORMATION

Perquip 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

Straight line over 30 years

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

97,000

AMORTISATION

At 1 September 2024

and 31 August 2025

90,000

NET BOOK VALUE

At 31 August 2025

7,000

At 31 August 2024

7,000

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

34,160

618,810

159,550

812,520

Additions

47,533

145,556

-

193,089

Disposals

-

(33,000

)

-

(33,000

)

At 31 August 2025

81,693

731,366

159,550

972,609

DEPRECIATION

At 1 September 2024

1,139

243,021

86,618

330,778

Charge for year

2,723

73,252

18,233

94,208

At 31 August 2025

3,862

316,273

104,851

424,986

NET BOOK VALUE

At 31 August 2025

77,831

415,093

54,699

547,623

At 31 August 2024

33,021

375,789

72,932

481,742

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

141,568

186,553

Other debtors

137,495

58,132

279,063

244,685

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

77,000

20,000

Trade creditors

49,648

10,925

Taxation and social security

76,941

80,743

Other creditors

46,972

96,646

250,561

208,314

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

55,000

60,000

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY

Due to the disposition of shares, there is no ultimate controlling party.