2022-04-01 2023-03-31 false Capium Accounts Production 1.1 13263967 bus:AbridgedAccounts 2022-04-01 2023-03-31 13263967 bus:FRS102 2022-04-01 2023-03-31 13263967 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13263967 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 13263967 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13263967 2022-04-01 2023-03-31 13263967 2023-03-31 13263967 bus:RegisteredOffice 2022-04-01 2023-03-31 13263967 core:WithinOneYear 2023-03-31 13263967 core:AfterOneYear 2023-03-31 13263967 bus:Director1 2022-04-01 2023-03-31 13263967 bus:Director1 2023-03-31 13263967 bus:Director1 2021-03-12 2022-03-31 13263967 bus:Director2 2022-04-01 2023-03-31 13263967 bus:Director2 2023-03-31 13263967 bus:Director2 2021-03-12 2022-03-31 13263967 2021-03-12 13263967 bus:CompanySecretary1 2022-04-01 2023-03-31 13263967 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 13263967 2021-03-12 2022-03-31 13263967 2022-03-31 13263967 core:WithinOneYear 2022-03-31 13263967 core:AfterOneYear 2022-03-31 13263967 bus:EntityAccountantsOrAuditors 2021-03-12 2022-03-31 13263967 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13263967 bus:OrdinaryShareClass1 2023-03-31 13263967 bus:OrdinaryShareClass1 2021-03-12 2022-03-31 13263967 bus:OrdinaryShareClass1 2022-03-31 13263967 core:InvestmentProperties 2022-04-01 2023-03-31 13263967 core:InvestmentProperties 2023-03-31 13263967 core:InvestmentProperties 2022-03-31 13263967 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 13263967 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 13263967 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 13263967 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 13263967 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 13263967 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 13263967 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 13263967 core:Non-currentFinancialInstruments 2023-03-31 13263967 core:Non-currentFinancialInstruments 2022-03-31 13263967 core:ShareCapital 2023-03-31 13263967 core:ShareCapital 2022-03-31 13263967 core:RetainedEarningsAccumulatedLosses 2023-03-31 13263967 core:RetainedEarningsAccumulatedLosses 2022-03-31 13263967 dpl:Item1 2022-04-01 13263967 dpl:Item1 2023-03-31 13263967 dpl:Item1 2021-03-12 13263967 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 13263967
England and Wales

 

 

 

PEACH PROPERTY DEVELOPMENT LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Peach Property Development Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Peach Property Development Limited for the year ended 31 March 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the Board of Directors of Peach Property Development Limited , as a body, in accordance with the terms of our engagement letter dated 26 October 2023. Our work has been undertaken solely to prepare for your approval the accounts of Peach Property Development Limited and state those matters that we have agreed to state to the Board of Directors of Peach Property Development Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peach Property Development Limited and its Board of Directors as a body for our work or for this report
It is your duty to ensure that Peach Property Development Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Peach Property Development Limited. You consider that Peach Property Development Limited is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Peach Property Development Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Rivington Accounts Ltd
Bank House
6-8 Church Street
Adlington
Lancashire
PR7 4EX
26 October 2023
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 872,482    726,650 
872,482    726,650 
Current assets      
Stocks 164,534    96,501 
Cash at bank and in hand 5,017    20,973 
169,551    117,474 
Creditors: amount falling due within one year 6   
Net current assets 169,557    117,474 
 
Total assets less current liabilities 1,042,039    844,124 
Creditors: amount falling due after more than one year (1,204,994)   (920,000)
Net liabilities (162,955)   (75,876)
 

Capital and reserves
     
Called up share capital 4 12   
Profit and loss account (162,967)   (75,876)
Shareholder's funds (162,955)   (75,876)
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 26 October 2023 and were signed on its behalf by:


-------------------------------
Ian Horton
Director
2
General Information
Peach Property Development Limited is a private company, limited by shares, registered in England and Wales, registration number 13263967, registration address Bank House 6-8 Church Street, Adlington, Lancashire, PR7 4EX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 April 2022 726,650    726,650 
Additions 145,832    145,832 
Disposals  
At 31 March 2023 872,482    872,482 
Depreciation
At 01 April 2022  
Charge for year  
On disposals  
At 31 March 2023  
Net book values
Closing balance as at 31 March 2023 872,482    872,482 
Opening balance as at 01 April 2022 726,650    726,650 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
12 Class A shares of £1.00 each 12    12 
12    12 

3