Registered number: 00911479 | ||||||||
FOR THE YEAR ENDED 31/07/2023 | ||||||||
Prepared By: | ||||||||
Poplar Accountancy Limited | ||||||||
The Poplars | ||||||||
32 Main Street | ||||||||
Haconby, Bourne | ||||||||
Lincolnshire | ||||||||
PE10 0UU |
F.E. Peacock & Son (Thorney) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/07/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 00911479 | ||||||||
ACCOUNTANTS | ||||||||
Poplar Accountancy Limited | ||||||||
The Poplars | ||||||||
32 Main Street | ||||||||
Haconby, Bourne | ||||||||
Lincolnshire | ||||||||
PE10 0UU |
F.E. Peacock & Son (Thorney) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/07/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 5 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
F.E. Peacock & Son (Thorney) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
512,996 | 580,845 | |||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS | 534,671 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Revaluation reserve | 1f,10 | 819,707 | 819,707 | |||||||
Capital redemption reserve | 11 | |||||||||
Profit and loss account | 878,715 | 955,110 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
F.E. Peacock & Son (Thorney) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
Ms K J Blacklock | ||||||||||
Director | ||||||||||
F.E. Peacock & Son (Thorney) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/07/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 20% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1f. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
F.E. Peacock & Son (Thorney) Limited | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | ||||||||
Machinery | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/08/2022 | 12,002 | 1,541 | 5,300 | 18,843 | ||||
At 31/07/2023 | 12,002 | 1,541 | 5,300 | 18,843 | ||||
Depreciation | ||||||||
At 01/08/2022 | 11,769 | 1,456 | 4,771 | 17,996 | ||||
For the year | 58 | 21 | 133 | 212 | ||||
At 31/07/2023 | 11,827 | 1,477 | 4,904 | 18,208 | ||||
Net Book Amounts | ||||||||
At 31/07/2023 | 635 | |||||||
At 31/07/2022 | 847 | |||||||
4. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/08/2022 | 100 | 100 | |||||||
At 31/07/2023 | 100 | 100 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/07/2023 | 100 | 100 | |||||||
At 31/07/2022 | 100 | 100 | |||||||
The company holds all of the share capital of its subsidiary company, Ufford Properties Limited. | |||||||||
F.E. Peacock & Son (Thorney) Limited | ||||||||
5. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 01/08/2022 | 1,250,000 | 1,250,000 | ||||||
At 31/07/2023 | 1,250,000 | 1,250,000 | ||||||
The 2019 valuations were made by the directors, on an open market value for existing use basis. | ||||||||
6. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 3,052 | - | ||||||
Amounts due from group companies | 237,308 | 299,113 | ||||||
Prepayments | 240,646 | 189,071 | ||||||
Deferred taxation | 24,564 | 24,564 | ||||||
505,570 | 512,748 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 3,776 | 10,425 | ||||||
Directors current account | 49,942 | 20,959 | ||||||
Accruals | 790 | 14,790 | ||||||
54,508 | 46,174 | |||||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | (24,564) | (24,564) | ||||||
F.E. Peacock & Son (Thorney) Limited | ||||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
5401 | 5401 | |||||||
5,401 | 5,401 | |||||||
10. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Revaluation reserve | 819,707 | 819,707 | ||||||
819,707 | 819,707 | |||||||
11. OTHER RESERVES | 2023 | 2022 | ||||
£ | £ | |||||
Capital redemption reserve | 5,400 | 5,400 | ||||
5,400 | 5,400 | |||||
12. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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