REGISTERED NUMBER: 11762030 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Oliver Perry Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E R Hickmott

O J Perry

REGISTERED OFFICE:

Shanty Farm

Moss Lane

Byley

Middlewich

Cheshire

CW10 9NG

REGISTERED NUMBER:

11762030 (England and Wales)

ACCOUNTANTS:

Banks Sheridan

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

360,264

247,118

360,264

247,118

CURRENT ASSETS

Stocks

7

95,844

68,042

Debtors: amounts falling due within one year

8

738,520

490,995

Cash at bank and in hand

95,774

39,055

930,138

598,092

CREDITORS

Amounts falling due within one year

9

(1,017,075

)

(660,024

)

NET CURRENT LIABILITIES

(86,937

)

(61,932

)

TOTAL ASSETS LESS CURRENT LIABILITIES

273,327

185,186

CREDITORS

Amounts falling due after more than one year

10

(121,743

)

(82,412

)

PROVISIONS FOR LIABILITIES

14

(63,159

)

(54,224

)

NET ASSETS

88,425

48,550

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

78,425

38,550

SHAREHOLDERS' FUNDS

88,425

48,550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by:

O J Perry - Director

1.	STATUTORY INFORMATION

Oliver Perry Ltd ('The Company') are a wholesaler of fruit and vegetables.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is Moss Lane, Cranage, Cheshire, CW10 9NG and address of the registered office is Shanty Farm, Moss Lane Byley, Middlewich, Cheshire, CW10 9NG. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

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

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors, other than those relating to the economy, in general and the hospitality sector, in particular.

Notwithstanding any uncertainties, including the net current liability position shown in the balance sheet, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, has been amortised evenly over its useful life of five years.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates so as to write off their cost less residual amounts over their estimated useful economic lives. Assets are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the assets carrying amount exceeds its recoverable amount.

Improvements to leasehold

- Straight line over remainder of lease

Plant and machinery

- 5% on cost and 20% on cost

Fixtures and fittings

- 25% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer equipment

- 33.33% on cost

The residual values and useful lives of assets are reviewed and adjusted if appropriate at each statement of financial position date.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value).

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 end of the financial period.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of the financial period.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Impairment of assets

Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2025 - 16 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

1,000

AMORTISATION

At 1 April 2025

and 31 March 2026

1,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2025

19,569

66,718

19,031

Additions

-

31,780

1,818

Disposals

-

-

-

At 31 March 2026

19,569

98,498

20,849

DEPRECIATION

At 1 April 2025

16,075

12,597

11,302

Charge for year

3,494

9,011

2,263

Eliminated on disposal

-

-

-

At 31 March 2026

19,569

21,608

13,565

NET BOOK VALUE

At 31 March 2026

-

76,890

7,284

At 31 March 2025

3,494

54,121

7,729

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

295,316

8,061

408,695

Additions

174,957

3,594

212,149

Disposals

(31,287

)

-

(31,287

)

At 31 March 2026

438,986

11,655

589,557

DEPRECIATION

At 1 April 2025

116,940

4,663

161,577

Charge for year

64,745

2,398

81,911

Eliminated on disposal

(14,195

)

-

(14,195

)

At 31 March 2026

167,490

7,061

229,293

NET BOOK VALUE

At 31 March 2026

271,496

4,594

360,264

At 31 March 2025

178,376

3,398

247,118

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

204,284

Additions

129,675

Transfer to ownership

(116,780

)

At 31 March 2026

217,179

DEPRECIATION

At 1 April 2025

79,395

Charge for year

44,602

Transfer to ownership

(77,818

)

At 31 March 2026

46,179

NET BOOK VALUE

At 31 March 2026

171,000

At 31 March 2025

124,889

7.

STOCKS

2026

2025

£

£

Stocks

95,844

68,042

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

676,415

399,686

Other debtors

62,105

91,309

738,520

490,995

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 11)

4,290

5,255

Hire purchase contracts (see note 12)

53,234

31,148

Trade creditors

566,688

380,195

Taxation and social security

69,422

21,300

Other creditors

323,441

222,126

1,017,075

660,024

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 11)

19,663

24,085

Hire purchase contracts (see note 12)

102,080

58,327

121,743

82,412

11.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

4,290

5,255

Amounts falling due between one and two years:

Bank loans - 1-2 years

4,290

5,255

Amounts falling due between two and five years:

Bank loans - 2-5 years

15,373

18,830

12.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

53,234

31,148

Between one and five years

102,080

58,327

155,314

89,475

Non-cancellable

operating leases

2026

2025

£

£

Within one year

6,481

7,246

Between one and five years

11,332

-

17,813

7,246

13.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

155,314

89,475

Invoice financing

295,253

211,641

450,567

301,116

The hire purchase contracts are secured over the assets to which they relate.

Invoice financing liabilities are secured over trade debts of the company.

14.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

63,159

54,224

Deferred

tax

£

Balance at 1 April 2025

54,224

Charge to Income Statement during year

8,935

Balance at 31 March 2026

63,159

15.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2026 and the period ended 31 March 2025:

2026

2025

£

£

O J Perry

Balance outstanding at start of year

49,126

-

Amounts advanced

105,256

49,126

Amounts repaid

(148,343

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,039

49,126

Mrs E R Hickmott

Balance outstanding at start of year

6,390

-

Amounts advanced

40,013

6,390

Amounts repaid

(40,111

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,292

6,390

During the period interest receivable of £37 (2025: £271) has been charged in respect of the director's loans.

At 31 March 2026 an amount of £12,331 is owed from the directors and this is included within other debtors: amounts falling due within one year.

At 31 March 2025 an amount of £55,516 was owed from the directors and this is included within other debtors: amounts falling due within one year.