Perkins Business Systems Ltd,Ltd - AccountsLtd - Accounts

Perkins Business Systems Ltd,Ltd - AccountsLtd - Accounts

PERKINS BUSINESS SYSTEMS LIMITED - Company Information

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2017-07-01 03530118 2018-06-30 03530118 2017-07-01 2018-06-30 03530118 2017-06-30 03530118 2016-07-01 2017-06-30 03530118 uk-core:WithinOneYear 2017-06-30 03530118 uk-core:WithinOneYear 2018-06-30 03530118 uk-core:ShareCapital 2018-06-30 03530118 uk-core:ShareCapital 2017-06-30 03530118 uk-core:RetainedEarningsAccumulatedLosses 2018-06-30 03530118 uk-core:RetainedEarningsAccumulatedLosses 2017-06-30 03530118 uk-bus:Director1 2017-07-01 2018-06-30 03530118 uk-core:PlantMachinery 2017-07-01 2018-06-30 03530118 uk-core:WithinOneYear 2018-06-30 03530118 uk-core:WithinOneYear 2017-06-30 iso4217:GBP 03530118 uk-bus:AuditExemptWithAccountantsReport 2017-07-01 2018-06-30 03530118 uk-bus:FRS102 2017-07-01 2018-06-30 03530118 uk-bus:FullAccounts 2017-07-01 2018-06-30 03530118 uk-bus:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30
Perkins Business Systems Ltd
Registered Number:03530118
For the year ended 30 June 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2018
Perkins Business Systems Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 June 2018
Perkins Business Systems Ltd
Statement of Financial Position
Registered Number :
03530118
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
-
87
2
-
87
Current assets
Trade and other receivables
23,929
22,462
3
13,213
Cash and cash equivalents
21,548
44,010
37,142
Trade and other payables: amounts falling due within one
year
(51,522)
(32,567)
4
(14,380)
11,443
Net current assets
Total assets less current liabilities
11,443
(14,293)
11,443
Net assets/liabilities
(14,293)
Capital and reserves
Called up share capital
2
2
Retained earnings
11,441
(14,295)
11,443
(14,293)
Shareholders' funds
For the year ended 30 June 2018 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 of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr David John Perkins Director
These financial statements were approved and authorised for issue by the Board on 12 March 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 June 2018
Perkins Business Systems Ltd
Notes to the Financial Statements
Statutory Information
Perkins Business Systems Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03530118.
Principal place of business:
4 Quemerford
Calne
Wiltshire
SN11 0AS
Registered address:
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Straight line
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
5
For the year ended 30 June 2018
Perkins Business Systems Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 July 2017
11,135
At 30 June 2018
11,135
Provision for depreciation and impairment
At 01 July 2017
11,048
Charge for year
87
At 30 June 2018
11,135
At 30 June 2018
Net book value
-
At 30 June 2017
87
3. Trade and other receivables
2017
2018
£
£
Trade debtors
22,462
23,929
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft
4,274
3,893
Trade creditors
(1)
-
Taxation and social security
26,762
46,099
Other creditors
1,532
1,530
32,567
51,522
3 of 3