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Company Registration No. 12562621 (England and Wales)
PEEQ LTD Unaudited accounts for the year ended 30 April 2024
PEEQ LTD Unaudited accounts Contents
Page
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PEEQ LTD Company Information for the year ended 30 April 2024
Directors
Katherine Barnicoat Mark Barnicoat
Company Number
12562621 (England and Wales)
Registered Office
THE BOTHY LUTON HOO ESTATE LUTON LU1 3TQ ENGLAND
Accountants
RPJ Accountancy Limited Rivers Lodge West Common Harpenden Hertfordshire AL5 2JD
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PEEQ LTD Accountants' report
Accountants' report to the board of directors of PEEQ LTD on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PEEQ LTD for the year ended 30 April 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PEEQ LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PEEQ LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PEEQ LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PEEQ LTD 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 of PEEQ LTD. You consider that PEEQ LTD 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 PEEQ LTD. 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.
RPJ Accountancy Limited Rivers Lodge West Common Harpenden Hertfordshire AL5 2JD 27 June 2024
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PEEQ LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,872 
10,353 
Current assets
Debtors
39,751 
18,236 
Cash at bank and in hand
27,605 
36,926 
67,356 
55,162 
Creditors: amounts falling due within one year
(11,896)
(4,800)
Net current assets
55,460 
50,362 
Net assets
62,332 
60,715 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
62,330 
60,713 
Shareholders' funds
62,332 
60,715 
For the year ending 30 April 2024 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 29 July 2024 and were signed on its behalf by
Katherine Barnicoat Director Company Registration No. 12562621
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PEEQ LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
PEEQ LTD is a private company, limited by shares, registered in England and Wales, registration number 12562621. The registered office is THE BOTHY, LUTON HOO ESTATE, LUTON, LU1 3TQ, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
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:
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
11,603 
2,321 
13,924 
At 30 April 2024
11,603 
2,321 
13,924 
Depreciation
At 1 May 2023
2,901 
670 
3,571 
Charge for the year
2,900 
581 
3,481 
At 30 April 2024
5,801 
1,251 
7,052 
Net book value
At 30 April 2024
5,802 
1,070 
6,872 
At 30 April 2023
8,702 
1,651 
10,353 
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PEEQ LTD Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
39,465 
(1,260)
Amounts due from group undertakings etc.
- 
12,000 
Other debtors
286 
7,496 
39,751 
18,236 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,738 
3,196 
Taxes and social security
3,792 
1,293 
Loans from directors
366 
311 
11,896 
4,800 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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