2022-03-012023-02-282023-02-28false12447565PRIYA & PEANUT LTD2023-10-3174100iso4217:GBPxbrli:pure124475652022-03-01124475652023-02-28124475652022-03-012023-02-28124475652021-03-01124475652022-02-28124475652021-03-012022-02-2812447565bus:SmallEntities2022-03-012023-02-2812447565bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2812447565bus:FullAccounts2022-03-012023-02-2812447565bus:PrivateLimitedCompanyLtd2022-03-012023-02-2812447565core:WithinOneYear2023-02-2812447565core:AfterOneYear2023-02-2812447565core:WithinOneYear2022-02-2812447565core:AfterOneYear2022-02-2812447565core:ShareCapital2023-02-2812447565core:SharePremium2023-02-2812447565core:RevaluationReserve2023-02-2812447565core:OtherReservesSubtotal2023-02-2812447565core:RetainedEarningsAccumulatedLosses2023-02-2812447565core:ShareCapital2022-02-2812447565core:SharePremium2022-02-2812447565core:RevaluationReserve2022-02-2812447565core:OtherReservesSubtotal2022-02-2812447565core:RetainedEarningsAccumulatedLosses2022-02-2812447565core:LandBuildings2023-02-2812447565core:PlantMachinery2023-02-2812447565core:Vehicles2023-02-2812447565core:FurnitureFittings2023-02-2812447565core:OfficeEquipment2023-02-2812447565core:NetGoodwill2023-02-2812447565core:IntangibleAssetsOtherThanGoodwill2023-02-2812447565core:ListedExchangeTraded2023-02-2812447565core:UnlistedNon-exchangeTraded2023-02-2812447565core:LandBuildings2022-02-2812447565core:PlantMachinery2022-02-2812447565core:Vehicles2022-02-2812447565core:FurnitureFittings2022-02-2812447565core:OfficeEquipment2022-02-2812447565core:NetGoodwill2022-02-2812447565core:IntangibleAssetsOtherThanGoodwill2022-02-2812447565core:ListedExchangeTraded2022-02-2812447565core:UnlistedNon-exchangeTraded2022-02-2812447565core:LandBuildings2022-03-012023-02-2812447565core:PlantMachinery2022-03-012023-02-2812447565core:Vehicles2022-03-012023-02-2812447565core:FurnitureFittings2022-03-012023-02-2812447565core:OfficeEquipment2022-03-012023-02-2812447565core:NetGoodwill2022-03-012023-02-2812447565core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812447565core:ListedExchangeTraded2022-03-012023-02-2812447565core:UnlistedNon-exchangeTraded2022-03-012023-02-2812447565core:MoreThanFiveYears2022-03-012023-02-2812447565core:Non-currentFinancialInstruments2023-02-2812447565core:Non-currentFinancialInstruments2022-02-2812447565dpl:CostSales2022-03-012023-02-2812447565dpl:DistributionCosts2022-03-012023-02-2812447565core:LandBuildings2022-03-012023-02-2812447565core:PlantMachinery2022-03-012023-02-2812447565core:Vehicles2022-03-012023-02-2812447565core:FurnitureFittings2022-03-012023-02-2812447565core:OfficeEquipment2022-03-012023-02-2812447565dpl:AdministrativeExpenses2022-03-012023-02-2812447565core:NetGoodwill2022-03-012023-02-2812447565core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812447565dpl:GroupUndertakings2022-03-012023-02-2812447565dpl:ParticipatingInterests2022-03-012023-02-2812447565dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2812447565core:ListedExchangeTraded2022-03-012023-02-2812447565dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2812447565core:UnlistedNon-exchangeTraded2022-03-012023-02-2812447565dpl:CostSales2021-03-012022-02-2812447565dpl:DistributionCosts2021-03-012022-02-2812447565core:LandBuildings2021-03-012022-02-2812447565core:PlantMachinery2021-03-012022-02-2812447565core:Vehicles2021-03-012022-02-2812447565core:FurnitureFittings2021-03-012022-02-2812447565core:OfficeEquipment2021-03-012022-02-2812447565dpl:AdministrativeExpenses2021-03-012022-02-2812447565core:NetGoodwill2021-03-012022-02-2812447565core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2812447565dpl:GroupUndertakings2021-03-012022-02-2812447565dpl:ParticipatingInterests2021-03-012022-02-2812447565dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2812447565core:ListedExchangeTraded2021-03-012022-02-2812447565dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2812447565core:UnlistedNon-exchangeTraded2021-03-012022-02-2812447565core:NetGoodwill2023-02-2812447565core:IntangibleAssetsOtherThanGoodwill2023-02-2812447565core:LandBuildings2023-02-2812447565core:PlantMachinery2023-02-2812447565core:Vehicles2023-02-2812447565core:FurnitureFittings2023-02-2812447565core:OfficeEquipment2023-02-2812447565core:AfterOneYear2023-02-2812447565core:WithinOneYear2023-02-2812447565core:ListedExchangeTraded2023-02-2812447565core:UnlistedNon-exchangeTraded2023-02-2812447565core:ShareCapital2023-02-2812447565core:SharePremium2023-02-2812447565core:RevaluationReserve2023-02-2812447565core:OtherReservesSubtotal2023-02-2812447565core:RetainedEarningsAccumulatedLosses2023-02-2812447565core:NetGoodwill2022-02-2812447565core:IntangibleAssetsOtherThanGoodwill2022-02-2812447565core:LandBuildings2022-02-2812447565core:PlantMachinery2022-02-2812447565core:Vehicles2022-02-2812447565core:FurnitureFittings2022-02-2812447565core:OfficeEquipment2022-02-2812447565core:AfterOneYear2022-02-2812447565core:WithinOneYear2022-02-2812447565core:ListedExc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PRIYA & PEANUT LTD

Registered Number
12447565
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

PRIYA & PEANUT LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Directors

MILLS, Robert Edward
TOSTEVIN, Anna Margaret

Registered Address

Unit Rw6/7 Spring Lane
Lambley
Nottingham
NG4 4PF

Registered Number

12447565 (England and Wales)
PRIYA & PEANUT LTD
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets521,89725,177
21,89725,177
Current assets
Stocks652,86585,234
Debtors778,9973,082
Cash at bank and on hand11,76017,493
143,622105,809
Creditors amounts falling due within one year8(63,989)(115,214)
Net current assets (liabilities)79,633(9,405)
Total assets less current liabilities101,53015,772
Creditors amounts falling due after one year9(97,203)-
Provisions for liabilities10(4,160)(2,455)
Net assets16713,317
Capital and reserves
Called up share capital22
Profit and loss account16513,315
Shareholders' funds16713,317
The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2023, and are signed on its behalf by:
MILLS, Robert Edward
Director
TOSTEVIN, Anna Margaret
Director

Registered Company No. 12447565
PRIYA & PEANUT LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Land and buildings10
Fixtures and fittings25
Office Equipment33
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year65
5.Property, plant and equipment

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 March 2226,0033,69329,696
Additions1,0037091,712
At 28 February 2327,0064,40231,408
Depreciation and impairment
At 01 March 222,1352,3844,519
Charge for year3,5241,4684,992
At 28 February 235,6593,8529,511
Net book value
At 28 February 2321,34755021,897
At 28 February 2223,8681,30925,177
6.Stocks

2023

2022

££
Finished goods52,86585,234
Total52,86585,234
7.Debtors

2023

2022

££
Amounts owed by associates and joint ventures / participating interests71,647-
Other debtors3,7223,078
Prepayments and accrued income3,6284
Total78,9973,082
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Bank borrowings and overdrafts23,22853,994
Amounts owed to related parties-301
Taxation and social security22,52952,821
Finance lease and HP contracts-434
Other creditors16,882221
Accrued liabilities and deferred income1,3507,443
Total63,989115,214
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts97,203-
Total97,203-
10.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)4,1602,455
Total4,1602,455