The Perk-Company Limited - Filleted accounts

Registered number

04951781

The Perk-Company Limited

Filleted Accounts

30 November 2025

The Perk-Company Limited
Registered number:		04951781
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		360,682			360,529

Current assets
Stocks		511,947			533,321
Debtors	5	96,434			166,755
Cash at bank and in hand		161,230			126,495
		769,611			826,571

Creditors: amounts falling due within one year	6	(930,260)			(982,606)

Net current liabilities			(160,649)			(156,035)

Total assets less current liabilities			200,033			204,494

Creditors: amounts falling due after more than one year	7		(69,704)			(134,672)

Provisions for liabilities			(20,670)			(20,670)


Net assets			109,659			49,152

Capital and reserves
Called up share capital			100			100
Profit and loss account			109,559			49,052

Shareholder's funds			109,659			49,152

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Baillie
Director
Approved by the board on 27 August 2026

The Perk-Company Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance
	Fixtures, fittings, tools and equipment	15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

2	Going Concern

	The company has been profitable in the current and prior year and continues to be so.The Company's forecast and projections,taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facalities.The director has considered cash flow forecasts and funding requirements of the business for the foreseeable future in assessing the going concern assertion. The director considers that preparing the financial statements on the going concern basis is appropriate basis. on their enquiries.Having taken account of the ongoing funding requirements of the business and the facalities available to the company, the director considers that the company has the ability to fulfill its commitments for at least 12 months from the date the financial statements are signed. Therefore,the director considers that the company has reasonable expectation that it can meet all of its liabilities as they fall due for the foreseeable future from the date of the approval of the financial statements.


3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			32		30


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2024	939,420		85,953		1,025,373
	Additions	62,458		-		62,458
	Disposals	-		(14,505)		(14,505)
	At 30 November 2025	1,001,878		71,448		1,073,326

	Depreciation
	At 1 December 2024	601,240		63,604		664,844
	Charge for the year	54,696		5,194		59,890
	On disposals	-		(12,090)		(12,090)
	At 30 November 2025	655,936		56,708		712,644

	Net book value
	At 30 November 2025	345,942		14,740		360,682
	At 30 November 2024	338,180		22,349		360,529


5	Debtors			2025		2024
£					£

	Trade debtors			39,779		67,963
	Other debtors			56,655		98,792
				96,434		166,755


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			110,925		167,317
	Obligations under finance lease and hire purchase contracts			23,169		14,098
	Trade creditors			548,682		539,441
	Taxation and social security costs			238,735		237,172
	Other creditors			8,749		24,578
				930,260		982,606


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			52,097		93,896
	Obligations under finance lease and hire purchase contracts			17,607		40,776
				69,704		134,672


8	Controlling party

	Mr M Ballie controls the company by virtue of his 100% direct holding of ordinary shares in the company


9	Other information

	The Perk-Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit10 Roman Way
	Coleshill
	Birmingham
	West Midlands
	B46 1HG