REGISTERED NUMBER: 04662298 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2023

for

Peter C G Allsop Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P Allsop

REGISTERED OFFICE:

17 Sounds Lodge

Crockenhill

Kent

BR8 8TD

REGISTERED NUMBER:

04662298 (England and Wales)

ACCOUNTANTS:

Franklins

1 Pinnacle Way

Pride Park

Derby

Derbyshire

DE24 8ZS

CURRENT ASSETS

Debtors

4

7,869

333,981

Cash at bank

384

100

8,253

334,081

CREDITORS

Amounts falling due within one year

5

15,764

325,764

NET CURRENT (LIABILITIES)/ASSETS

(7,511

)

8,317

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,511

)

8,317

CAPITAL AND RESERVES

Called up share capital

6

2

2

Revaluation reserve

7

-

116,226

Retained earnings

(7,513

)

(107,911

)

SHAREHOLDERS' FUNDS

(7,511

)

8,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 September 2023 and were signed by:

Mr P Allsop - Director

1.	STATUTORY INFORMATION

Peter C G Allsop 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 represents the company's share of the profits of the partnership.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Owed from partnership

10

333,981

Directors' current accounts

7,859

-

7,869

333,981

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Tax

14,930

16,650

Directors' current accounts

-

308,280

Accruals and deferred income

834

834

15,764

325,764

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

1

Ordinary A Shares

1

1

1

1

Ordinary B Shares

1

1

1

2

2

7.

RESERVES

Revaluation

reserve

£

At 1 May 2022

116,226

Transfer from revaluation

(116,226

)

At 30 April 2023

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022:

2023

2022

£

£

Mr P Allsop

Balance outstanding at start of year

-

-

Amounts advanced

25,720

-

Amounts repaid

(17,861

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,859

-

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn directors' loan account at HM Revenue & Customs official rate of interest during the year being 2.00% per annum up to 5th April 2023. Thereafter, interest was charged at 2.25%.

9.	GOING CONCERN

The company accounts are prepared on the going concern basis that the directors will continue to support the company for the foreseeable future.