Registered number
04691387
Pelier Financial Limited
Filleted Accounts
31 December 2023
Pelier Financial Limited
Registered number: 04691387
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 63,832 47,328
Creditors: amounts falling due within one year 5 (9,774) (8,292)
Net current assets 54,058 39,036
Net assets 54,058 39,036
Capital and reserves
Called up share capital 100 100
Profit and loss account 53,958 38,936
Shareholder's funds 54,058 39,036
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N Saldanha
Director
Approved by the board on 9 February 2024
Pelier Financial Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2023 41,803
At 31 December 2023 41,803
Amortisation
At 1 January 2023 41,803
At 31 December 2023 41,803
Net book value
At 31 December 2023 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 10,320
At 31 December 2023 10,320
Depreciation
At 1 January 2023 10,320
At 31 December 2023 10,320
Net book value
At 31 December 2023 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 8,543 7,052
Other creditors 1,231 1,240
9,774 8,292
6 Other information
Pelier Financial Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 St John's Lane
London
England
EC1M 4BH
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