Accounts filed on 31-12-2022


Registered number: 03032712






Perkins Associates (UK) Limited


ACCOUNTS

FOR THE YEAR ENDED 31/12/2022
























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


Perkins Associates (UK) Limited


ACCOUNTS
FOR THE YEAR ENDED 31/12/2022





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
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW


ACCOUNTS
FOR THEYEARENDED31/12/2022



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 31/12/2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	4		5,872		5,726

CURRENT ASSETS
Stock		24,314		18,453
Debtors	6	16,933		10,524
Cash at bank and in hand		73,367		86,060
		114,614		115,037
CREDITORS: Amounts falling due within one year	7	57,666		68,436
NET CURRENT ASSETS			56,948		46,601
TOTAL ASSETS LESS CURRENT LIABILITIES			62,820		52,327


PROVISIONS FOR LIABILITIES AND CHARGES	8		655		862

NET ASSETS			62,165		51,465

CAPITAL AND RESERVES

Called up share capital	9		1		1
Profit and loss account			62,164		51,464
SHAREHOLDERS' FUNDS			62,165		51,465

For the year ending 31/12/2022 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 26/09/2023 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	2022	2021
	£	£

Amounts falling due within one year:
Trade debtors	16,933	10,387
Other debtors	-	137
	16,933	10,524




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
UK corporation tax	3,008	5,225
VAT	1,009	8,614
Directors current account	11,187	11,364
Bank Loan	28,667	36,733
Trade creditors	11,595	1,820
Accruals	2,200	4,680
	57,666	68,436




9. SHARE CAPITAL	2022	2021
	£	£
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.

11. RELATED PARTY TRANSACTIONS

Dividends paid to directors in their capacity as shareholders during the year included £2,000 to Mr A A Perkins (2021: £5,000).