Perennial Partnership Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06588058 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2021

for

Perennial Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D Farnsworth

S M Farnsworth

REGISTERED OFFICE:

Four Winds, Gale Lane

Nawton

York

North Yorkshire

YO62 7SJ

REGISTERED NUMBER:

06588058 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Tangible assets

4

216

284

Investment property

5

157,200

157,200

157,416

157,484

CURRENT ASSETS

Cash at bank

201,072

206,648

CREDITORS

Amounts falling due within one year

6

16,535

18,022

NET CURRENT ASSETS

184,537

188,626

TOTAL ASSETS LESS CURRENT LIABILITIES

341,953

346,110

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

341,853

346,010

SHAREHOLDERS' FUNDS

341,953

346,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 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 4 November 2021 and were signed on its behalf by:

A D Farnsworth - Director

1.	STATUTORY INFORMATION

Perennial Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2020

and 31 May 2021

1,870

1,534

2,729

6,133

DEPRECIATION

At 1 June 2020

1,765

1,400

2,684

5,849

Charge for year

26

27

15

68

At 31 May 2021

1,791

1,427

2,699

5,917

NET BOOK VALUE

At 31 May 2021

79

107

30

216

At 31 May 2020

105

134

45

284

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2020

and 31 May 2021

157,200

NET BOOK VALUE

At 31 May 2021

157,200

At 31 May 2020

157,200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Other creditors

16,535

18,022

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.21

31.5.20

value:

£

£

100

Ordinary

£1

100

100