Company Registration No. 16047071 (England and Wales)
Performance Bonds Limited
Unaudited accounts
for the period from 29 October 2024 to 31 October 2025
Performance Bonds Limited
Unaudited accounts
Contents
Performance Bonds Limited
Company Information
for the period from 29 October 2024 to 31 October 2025
Director
Richard Featherstone
Company Number
16047071 (England and Wales)
Registered Office
America House
2 America Square
London
EC3N 2LU
United Kingdom
Accountants
MIB Accountants Limited
Kingfisher House
21-23 Elmfield Road
Bromley
Kent
BR1 1LT
Performance Bonds Limited
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
507,243
Creditors: amounts falling due within one year
(141,739)
Net current assets
365,504
Profit and loss account
365,503
Shareholders' funds
365,504
For the period ending 31 October 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2026 and were signed on its behalf by
Richard Featherstone
Director
Company Registration No. 16047071
Performance Bonds Limited
Notes to the Accounts
for the period from 29 October 2024 to 31 October 2025
Performance Bonds Limited is a private company, limited by shares, registered in England and Wales, registration number 16047071. The registered office is America House, 2 America Square, London, EC3N 2LU, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The tax is payable on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss accounts because it excludes items of income and expenditure that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost.
4
Creditors: amounts falling due within one year
2025
Taxes and social security
140,043
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Average number of employees
During the period the average number of employees was 1.