Accounts filed on 31-12-2016


Registered number: 03032712






Perkins Associates (UK) Limited


ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2016
























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


Perkins Associates (UK) Limited


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2016





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 Accountants and Tax Advisers
14 Regent Street
Kimberley
Nottingham
NG16 2LW


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2016



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 2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Intangible assets	2		400		800
Tangible assets	3		9,811		12,699

			10,211		13,499

CURRENT ASSETS
Stock		14,606		18,983
Debtors	5	28,008		34,506
Cash at bank and in hand		39,322		43,399
		81,936		96,888
CREDITORS: Amounts falling due within one year	6	76,872		90,850
NET CURRENT ASSETS			5,064		6,038
TOTAL ASSETS LESS CURRENT LIABILITIES			15,275		19,537


PROVISIONS FOR LIABILITIES AND CHARGES	8		1,319		1,835

NET ASSETS			13,956		17,702

CAPITAL AND RESERVES

Called up share capital	9		1		1
Profit and loss account			13,955		17,701
SHAREHOLDERS' FUNDS			13,956		17,702

For the year ending 31 December 2016 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 2017 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.




5. DEBTORS	2016	2015
	£	£
Amounts falling due within one year
Trade debtors	27,508	33,843
Other debtors	500	509
Prepayments	-	154
	28,008	34,506




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2016	2015
	£	£
UK corporation tax	3,671	4,704
VAT	9,551	11,670
Directors current account	59,734	63,660
Trade creditors	628	8,374
Accruals	3,288	2,442
	76,872	90,850




9. SHARE CAPITAL	2016	2015
	£	£
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
At 31 December 2016, the company owed the director £59,734 (2015: £63,660). The maximum balance during the year was £65,849.
The company pays interest on the unsecured loan balance at 6.5% per annum.