REGISTERED NUMBER: 12351623 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PERROT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F Baker

Mrs K Baker

REGISTERED OFFICE:

Highlands

Upper Bucklebury

Reading

Berkshire

RG7 6SU

REGISTERED NUMBER:

12351623 (England and Wales)

ACCOUNTANTS:

Banks & Co Limited

Chartered Certified Accountants

1 Carnegie Road

Newbury

Berkshire

RG14 5DJ

FIXED ASSETS

Investment property

4

1,185,000

1,185,000

CURRENT ASSETS

Debtors

5

14,000

314

Cash at bank

321,375

282,999

335,375

283,313

CREDITORS

Amounts falling due within one year

6

143,167

129,301

NET CURRENT ASSETS

192,208

154,012

TOTAL ASSETS LESS CURRENT LIABILITIES

1,377,208

1,339,012

CREDITORS

Amounts falling due after more than one year

7

(900,000

)

(900,000

)

PROVISIONS FOR LIABILITIES

(48,369

)

(48,369

)

NET ASSETS

428,839

390,643

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Fair value reserve

9

145,107

145,107

Retained earnings

282,732

244,536

SHAREHOLDERS' FUNDS

428,839

390,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 18 September 2026 and were signed on its behalf by:

F Baker - Director

1.	STATUTORY INFORMATION

Perrot Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12351623 and has its registered office at Highlands, Upper Bucklebury, Reading, Berkshire, RG7 6SU.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents rental income received and receivable from the companies investment activities.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Operating leases (lessor)

Rental income from operating leases is recognised in the profit and loss account on a straight line basis over the term of the lease.

Lease incentives, including rent-free periods, are recognised as a reduction of rental income over the entire lease term on a straight line basis. The outstanding balance of these incentives is recorded as a lease incentive debtor, split between amounts falling due within one year and after more than one year. Note 6 of the financial statements summarises this.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,185,000

NET BOOK VALUE

At 31 December 2025

1,185,000

At 31 December 2024

1,185,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2021

128,476

Valuation in 2023

50,000

Valuation in 2024

15,000

Cost

991,524

1,185,000

The fair value of the investment property has been determined by the Directors with reference to recent market prices of similar properties in the area.

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Lease incentive

1,500

-

Prepayments

-

314

1,500

314

Amounts falling due after more than one year:

Lease incentive

12,500

-

Aggregate amounts

14,000

314

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

15,668

19,608

Other creditors

15,000

150

Directors' current accounts

93,317

97,285

Deferred income

17,124

10,236

Accrued expenses

2,058

2,022

143,167

129,301

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Directors current account

900,000

900,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

145,107