Per Diem Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06598110 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2021

for

PER DIEM CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S L Jones

REGISTERED OFFICE:

Stag House

The Chipping

Wotton under Edge

Gloucestershire

GL12 7AD

REGISTERED NUMBER:

06598110 (England and Wales)

ACCOUNTANTS:

Wotton Accountancy Associates Limited

Stag House

The Chipping

Wotton-under-Edge

Gloucestershire

GL12 7AD

FIXED ASSETS

Tangible assets

4

4,012

5,349

Investment property

5

615,221

615,221

619,233

620,570

CURRENT ASSETS

Debtors

6

12,960

1,000

Cash at bank

173,433

98,586

186,393

99,586

CREDITORS

Amounts falling due within one year

7

105,338

72,083

NET CURRENT ASSETS

81,055

27,503

TOTAL ASSETS LESS CURRENT LIABILITIES

700,288

648,073

CREDITORS

Amounts falling due after more than one year

8

215,159

211,145

NET ASSETS

485,129

436,928

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

484,129

435,928

SHAREHOLDERS' FUNDS

485,129

436,928

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2022 and were signed by:

Mrs S L Jones - Director

1.	STATUTORY INFORMATION

Per Diem Consulting 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2020

and 31 May 2021

18,048

DEPRECIATION

At 1 June 2020

12,699

Charge for year

1,337

At 31 May 2021

14,036

NET BOOK VALUE

At 31 May 2021

4,012

At 31 May 2020

5,349

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2020

and 31 May 2021

615,221

NET BOOK VALUE

At 31 May 2021

615,221

At 31 May 2020

615,221

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

12,960

-

Other debtors

-

1,000

12,960

1,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

960

12,139

Taxation and social security

22,862

20,428

Other creditors

81,516

39,516

105,338

72,083

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Other creditors

215,159

211,145

9.	SECURED DEBTS

The following secured debts are included within creditors:

2021

2020

£

£

Other loans

215,159

211,145

Landbay Partners Limited hold a fixed charge over the investment property shown in the accounts.