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Registration number: 04645584

Perthneuadd Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Perthneuadd Limited

Company Information

Director

Mr Gerallt Wyn Owen

Registered office

Suite 3 & 6 Block B Llys y Barcud Cross Hands SA14 6RX

Perthneuadd Limited

(Registration number: 04645584)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	15,000	15,000
Tangible assets	5	86,933	89,356
Other financial assets	6	3,900	2,400
		105,833	106,756
Current assets
Stocks	7	1,655	1,000
Debtors	8	1,392	1,172
Cash at bank and in hand		18,110	25,101
		21,157	27,273
Creditors: Amounts falling due within one year	9	(101,839)	(107,620)
Net current liabilities		(80,682)	(80,347)
Net assets		25,151	26,409
Capital and reserves
Called up share capital	10	2	2
Retained earnings		25,149	26,407
Shareholders' funds		25,151	26,409

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 October 2026
 

......................................... Mr Gerallt Wyn Owen Director

Perthneuadd Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 3 & 6
Block B
Llys y Barcud
Cross Hands
SA14 6RX

These financial statements were authorised for issue by the director on 2 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Perthneuadd Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% Reducing balance method

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Perthneuadd Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Perthneuadd Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 February 2025	15,000	15,000
At 31 January 2026	15,000	15,000
Amortisation
Carrying amount
At 31 January 2026	15,000	15,000
At 31 January 2025	15,000	15,000

5	Tangible assets

	Land and buildings £	Plant and machinery £	Productive flock  £	Total £
Cost or valuation
At 1 February 2025	80,421	123,610	2,160	206,191
Disposals	-	-	(730)	(730)
At 31 January 2026	80,421	123,610	1,430	205,461
Depreciation
At 1 February 2025	-	116,835	-	116,835
Charge for the year	-	1,693	-	1,693
At 31 January 2026	-	118,528	-	118,528
Carrying amount
At 31 January 2026	80,421	5,082	1,430	86,933
At 31 January 2025	80,421	6,775	2,160	89,356

Included within the net book value of land and buildings above is £80,421 (2025 - £80,421) in respect of freehold land and buildings.
 

Perthneuadd Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 February 2025	2,400	2,400
Additions	1,500	1,500
At 31 January 2026	3,900	3,900
Impairment
Carrying amount
At 31 January 2026	3,900	3,900

7

Stocks

	2026 £	2025 £
Other inventories	1,655	1,000

8

Debtors

Current	2026 £	2025 £
Other debtors	1,392	1,172
	1,392	1,172

Perthneuadd Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

9

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Trade creditors		47	-
Taxation and social security		563	550
Directors' loan accounts	11	99,663	104,377
Other creditors		1,566	2,693
		101,839	107,620

10	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

11	Related party transactions

As at the balance sheet date, the director was owed £99,663 (2025 : £104,377) from the company. The loan is interest free and repayable on demand.