Accounts filed on 31-12-2021


Registered number: 03032712






Perkins Associates (UK) Limited


ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2021
























Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottingham
NG16 2LW


Perkins Associates (UK) Limited


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021





DIRECTORS
Mr A A Perkins



SECRETARY
Mr S Perkins (resigned 6/3/17)


REGISTERED OFFICE
26 Station Road
Draycott
Derbys
DE72 3QB


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03032712



BANKERS
Yorkshire Bank, 28 St Peter's Street, Derby, DE1 1SL



ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottingham
NG16 2LW


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 December 2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	4		5,726		6,198

CURRENT ASSETS
Stock		18,453		10,033
Debtors	6	10,524		17,556
Cash at bank and in hand		86,060		57,865
		115,037		85,454
CREDITORS: Amounts falling due within one year	7	68,436		54,338
NET CURRENT ASSETS			46,601		31,116
TOTAL ASSETS LESS CURRENT LIABILITIES			52,327		37,314


PROVISIONS FOR LIABILITIES AND CHARGES	8		862		938

NET ASSETS			51,465		36,376

CAPITAL AND RESERVES

Called up share capital	9		1		1
Profit and loss account			51,464		36,375
SHAREHOLDERS' FUNDS			51,465		36,376

For the year ending 31 December 2021 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 29 September 2022 and signed on their behalf by



.............................
Mr A A Perkins
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land And Buildings		reducing balance 20%
Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 20%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




6. DEBTORS	2021	2020
	£	£

Amounts falling due within one year:
Trade debtors	10,387	17,085
Other debtors	137	471
	10,524	17,556




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	5,225	701
VAT	8,614	7,637
Directors current account	11,364	537
Bank Loan	36,733	40,000
Trade creditors	1,820	311
Accruals	4,680	5,152
	68,436	54,338




9. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1




10. CONTROLLING PARTY
The company is controlled by the director, Mr A A Perkins, who owns all of the issued share capital of the company.