Perkins George Mawer & Co. Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11510850 (England and Wales)

Financial Statements

for the Year Ended 30 September 2025

for

Perkins George Mawer & Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N Sharp

Mr E Moulds

REGISTERED OFFICE:

Corn Exchange Chambers

Queen Street

MARKET RASEN

Lincolnshire

LN8 3EH

REGISTERED NUMBER:

11510850 (England and Wales)

ACCOUNTANTS:

Nicholsons

Chartered Accountants

Newland House

The Point

Weaver Road

LINCOLN

Lincolnshire

LN6 3QN

BANKERS:

HSBC

Cornmarket

LOUTH

Lincolnshire

LN11 9QB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

9,554

9,169

9,554

9,169

CURRENT ASSETS

Stocks

587

976

Debtors

6

151,490

163,340

Cash at bank and in hand

202,565

74,058

354,642

238,374

CREDITORS

Amounts falling due within one year

7

112,336

81,640

NET CURRENT ASSETS

242,306

156,734

TOTAL ASSETS LESS CURRENT
LIABILITIES

251,860

165,903

CREDITORS

Amounts falling due after more than one
year

8

-

(3,266

)

PROVISIONS FOR LIABILITIES

(2,389

)

(1,267

)

NET ASSETS

249,471

161,370

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

249,371

161,270

249,471

161,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 24 April 2026 and were signed on its behalf by:

Mr N Sharp - Director

1.	STATUTORY INFORMATION

Perkins George Mawer & Co. 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 as modified by the revaluation of certain assets.

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 2019, 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% 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.

Financial instruments

Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST OR VALUATION

At 1 October 2024

and 30 September 2025

123,450

AMORTISATION

At 1 October 2024

and 30 September 2025

123,450

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

Cost or valuation at 30 September 2025 is represented by:

Goodwill

£

Valuation in 2021

123,450

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 October 2024

2,307

8,640

12,616

23,563

Additions

-

2,475

At 30 September 2025

2,307

8,640

15,091

26,038

DEPRECIATION

At 1 October 2024

796

6,126

7,472

14,394

Charge for year

302

502

1,286

2,090

At 30 September 2025

1,098

6,628

8,758

16,484

NET BOOK VALUE

At 30 September 2025

1,209

2,012

6,333

9,554

At 30 September 2024

1,511

2,514

5,144

9,169

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

Trade debtors

42,399

74,498

Other debtors

109,091

88,842

151,490

163,340

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

Bank loans and overdrafts

3,076

3,822

Trade creditors

21,653

21,584

Taxation and social security

76,875

33,183

Other creditors

10,732

23,051

112,336

81,640

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30/9/25

30/9/24

£

Bank loans

-

3,266

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30/9/25

30/9/24

£

Within one year

13,269

Between one and five years

463

13,732

27,001

The operating leases are in reference to vehicles used by the directors. These are a 36 month term with a mileage restriction. Lease payments also include service charges.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30/9/25

30/9/24

£

Mr E Moulds

Balance outstanding at start of year

1,037

-

Amounts advanced

1,353

1,349

Amounts repaid

-

(312

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

2,390

1,037

The loan is unsecured and interest free.