PERFECTLY POLISHED PLYMSTOCK LIMITED


Directors	Jennifer Cooper
	Jodie Cunningham


Registered Address	11d Radford Park Road
	Plymstock
	Plymouth
	PL9 9DG


Registered Number	13797738 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		16,000		17,000
Tangible assets	4		1,460		1,161
			17,460		18,161
Current assets
Stocks	5	21,439		22,512
Debtors	6	1,921		368
Cash at bank and on hand		12,562		12,683
		35,922		35,563
Creditors amounts falling due within one year	7	(65,794)		(62,603)
Net current assets (liabilities)			(29,872)		(27,040)
Total assets less current liabilities			(12,412)		(8,879)
Provisions for liabilities	8		(277)		(221)
Net assets			(12,689)		(9,100)
Capital and reserves
Called up share capital			140		140
Profit and loss account			(12,829)		(9,240)
Shareholders' funds			(12,689)		(9,100)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 April 2026, and are signed on its behalf by:

Jennifer Cooper
Director
Registered Company No. 13797738

PERFECTLY POLISHED PLYMSTOCK LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Office Equipment	25

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		9

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 25	20,000	20,000
At 31 December 25	20,000	20,000
Amortisation and impairment
At 01 January 25	3,000	3,000
Charge for year	1,000	1,000
At 31 December 25	4,000	4,000
Net book value
At 31 December 25	16,000	16,000
At 31 December 24	17,000	17,000

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	1,500	220	1,720
Additions	324	-	324
At 31 December 25	1,824	220	2,044
Depreciation and impairment
At 01 January 25	488	71	559
Charge for year	22	3	25
At 31 December 25	510	74	584
Net book value
At 31 December 25	1,314	146	1,460
At 31 December 24	1,012	149	1,161

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	21,439	22,512
Total	21,439	22,512

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,537	-
Prepayments and accrued income	384	368
Total	1,921	368

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,274	854
Taxation and social security	13,110	12,347
Other creditors	48,210	47,802
Accrued liabilities and deferred income	3,200	1,600
Total	65,794	62,603

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	277	221
Total	277	221

9.	Related party transactions
	At the year end the company owed J Cunningham, Director £17,941 (2023: £17,617) and J Cooper, Director £25,996 (2023: £25,123).