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REGISTERED NUMBER: 03970316 (England and Wales)

PERRYSTONE DEVELOPMENT COMPANY LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2025

PERRYSTONE DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 03970316) |

Contents of the Financial Statements

for the year ended 30 June 2025

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 6

| PERRYSTONE DEVELOPMENT COMPANY LIMITED |

Company Information

for the year ended 30 June 2025

| Directors: | J F Kelly

| C T Kelly

| A J Kelly

| Registered office: | 658 Chester Road

| Erdington

| Birmingham

| West Midlands

| B23 5TE

| Registered number: | 03970316 (England and Wales)

PERRYSTONE DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 03970316) |

Balance Sheet

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 5 | 9,498 |  | 9,755 |  |

Current assets

Stocks | 1,748,467 |  | 2,062,509 |  |

Debtors | 6 | 4,383 |  | 5,580 |  |

Cash at bank | 1,041,515 |  | 16,800 |  |

2,794,365 |  | 2,084,889 |  |

Creditors

Amounts falling due within one year | 7 | 269,909 |  | 77,364 |  |

Net current assets | 2,524,456 |  | 2,007,525 |  |

Total assets less current liabilities | 2,533,954 |  | 2,017,280 |  |

Creditors

Amounts falling due after more than one year | 8 | 1,091,278 |  | 1,225,084 |  |

Net assets | 1,442,676 |  | 792,196 |  |

Capital and reserves

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 1,442,576 |  | 792,096 |  |

Shareholders' funds | 1,442,676 |  | 792,196 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

PERRYSTONE DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 03970316) |

Balance Sheet - continued

30 June 2025

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 19 January 2026 and were signed on its behalf by:

J F Kelly - Director

PERRYSTONE DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 03970316) |

Notes to the Financial Statements

for the year ended 30 June 2025

1. | Statutory information

| Perrystone Development Company 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. | Statement of compliance

| 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.

3. | Accounting policies

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

| In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

| Tangible fixed assets

| All fixed assets are initially recorded at cost.

| Depreciation

| Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

| Improvements to Property |  | - |  | 2% straight line |  |

| Fixtures & Fittings |  | - |  | 20% straight line |  |

| Motor vehicles |  | - |  | 20% straight line |  |

| Computer equipment |  | - |  | 33.3% straight line |  |

| Stocks

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

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. | Employees and directors

| The average number of employees during the year was 2 (2024 - 2 ) .

PERRYSTONE DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 03970316) |

Notes to the Financial Statements - continued

for the year ended 30 June 2025

5. | Tangible fixed assets

| Improvements |  | Fixtures |

| to |  | and |  | Motor |  | Computer |

| property |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| Cost

| At 1 July 2024 | 11,173 |  | 31,247 |  | 1,250 |  | 4,789 |  | 48,459 |  |

| Additions | - |  | - |  | - |  | 499 |  | 499 |  |

| At 30 June 2025 | 11,173 |  | 31,247 |  | 1,250 |  | 5,288 |  | 48,958 |  |

| Depreciation

| At 1 July 2024 | 2,138 |  | 31,247 |  | 1,250 |  | 4,069 |  | 38,704 |  |

| Charge for year | 230 |  | - |  | - |  | 526 |  | 756 |  |

| At 30 June 2025 | 2,368 |  | 31,247 |  | 1,250 |  | 4,595 |  | 39,460 |  |

| Net book value

| At 30 June 2025 | 8,805 |  | - |  | - |  | 693 |  | 9,498 |  |

| At 30 June 2024 | 9,035 |  | - |  | - |  | 720 |  | 9,755 |  |

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Prepayments | 4,383 |  | 5,580 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 24,286 |  | 34,886 |  |

| Trade creditors | 676 |  | 578 |  |

| Corporation tax | 221,789 |  | 20,210 |  |

| Social security and other taxes | 217 |  | 140 |  |

| Accruals and deferred income | 22,941 |  | 21,550 |  |

269,909 |  | 77,364 |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loans | 341,525 |  | 363,076 |  |

| Directors' loan accounts | 749,753 |  | 862,008 |  |

1,091,278 |  | 1,225,084 |  |

PERRYSTONE DEVELOPMENT COMPANY LIMITED (REGISTERED NUMBER: 03970316) |

Notes to the Financial Statements - continued

for the year ended 30 June 2025

9. | Secured debts

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 365,811 |  | 397,962 |  |

| Bank loans and mortgages are secured by way of a fixed charge on the underlying assets.

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

11. | Related party disclosures

| The Family Business Trust controls the company.

| Included in other creditors is an amount of £749,753 (2024: £862,008) owed to The Family Business Trust.