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Company Registration No. 11030903 (England and Wales)
J & C Peake Contracts Limited Unaudited accounts for the year ended 31 March 2023
J & C Peake Contracts Limited Unaudited accounts Contents
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J & C Peake Contracts Limited Company Information for the year ended 31 March 2023
Directors
Charley PEAKE Joshua PEAKE
Company Number
11030903 (England and Wales)
Registered Office
GEMSTONE BASCOTE ROAD UFTON LEAMINGTON SPA CV33 9PL UNITED KINGDOM
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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J & C Peake Contracts Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
95,949 
29,446 
Current assets
Debtors
6,788 
3,700 
Cash at bank and in hand
67,345 
74,523 
74,133 
78,223 
Creditors: amounts falling due within one year
(50,868)
(49,869)
Net current assets
23,265 
28,354 
Net assets
119,214 
57,800 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
119,114 
57,700 
Shareholders' funds
119,214 
57,800 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by
Joshua PEAKE Director Company Registration No. 11030903
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J & C Peake Contracts Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
J & C Peake Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 11030903. The registered office is GEMSTONE BASCOTE ROAD, UFTON, LEAMINGTON SPA, CV33 9PL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance 25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
50,871 
15,000 
65,871 
Additions
72,917 
31,062 
103,979 
Disposals
(15,343)
- 
(15,343)
At 31 March 2023
108,445 
46,062 
154,507 
Depreciation
At 1 April 2022
26,171 
10,254 
36,425 
Charge for the year
23,031 
8,952 
31,983 
On disposals
(9,850)
- 
(9,850)
At 31 March 2023
39,352 
19,206 
58,558 
Net book value
At 31 March 2023
69,093 
26,856 
95,949 
At 31 March 2022
24,700 
4,746 
29,446 
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J & C Peake Contracts Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
6,788 
3,700 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,515 
1,590 
Taxes and social security
- 
11,084 
Loans from directors
49,353 
37,195 
50,868 
49,869 
7
Transactions with related parties
During the year, the company received £12,158 from a member of key management personnel. The total outstanding loan of £49,353 is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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