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REGISTERED NUMBER: 10023157 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Peach, Peach and Peach Limited

Peach, Peach and Peach Limited (Registered number: 10023157)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Peach, Peach and Peach Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: C P Peach
E L Peach
S J Peach





REGISTERED OFFICE: 14 Lindley Avenue
Sutton-In-Ashfield
Nottinghamshire
NG17 2SY





REGISTERED NUMBER: 10023157 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Peach, Peach and Peach Limited (Registered number: 10023157)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,511 5,563
9,511 5,563

CURRENT ASSETS
Debtors 6 130,444 200,216
Cash at bank 149,371 149,113
279,815 349,329
CREDITORS
Amounts falling due within one year 7 74,840 84,771
NET CURRENT ASSETS 204,975 264,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,486

270,121

PROVISIONS FOR LIABILITIES 8 1,807 1,057
NET ASSETS 212,679 269,064

CAPITAL AND RESERVES
Called up share capital 9 20 20
Retained earnings 212,659 269,044
SHAREHOLDERS' FUNDS 212,679 269,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Peach, Peach and Peach Limited (Registered number: 10023157)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by:





S J Peach - Director


Peach, Peach and Peach Limited (Registered number: 10023157)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Peach, Peach and Peach Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced
for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:

The Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;

The Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;

The amount of revenue can be measured reliably;

It is probable that the economic benefits associated with the transaction will flow to the Company;
and

The costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is
passed.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation
and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to
determine whether there is any indication that any items have suffered an impairment loss. If any such
indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the
impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the
estimated residual value of each asset over its estimated useful life:


Furniture, fittings and equipment 25% Reducing balance


Peach, Peach and Peach Limited (Registered number: 10023157)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development
Expenditure on research and development is written off in the year it is incurred unless it meets the
criteria to allow it to be capitalised.

Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 91 (2023 - 80 ) .

Peach, Peach and Peach Limited (Registered number: 10023157)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 5,000
AMORTISATION
At 1 March 2023
and 29 February 2024 5,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 March 2023 25,930
Additions 8,199
At 29 February 2024 34,129
DEPRECIATION
At 1 March 2023 20,367
Charge for year 4,251
At 29 February 2024 24,618
NET BOOK VALUE
At 29 February 2024 9,511
At 28 February 2023 5,563

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 117,450 171,936
Other debtors 4,701 28,280
Prepayments and accrued income 8,293 -
130,444 200,216

Peach, Peach and Peach Limited (Registered number: 10023157)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 25,344 46,634
Social security and other taxes 26,010 20,741
Other creditors 2,162 401
Pension 4,048 4,965
Accruals and deferred income 17,276 12,030
74,840 84,771

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 1,807 1,057

Deferred
tax
£   
Balance at 1 March 2023 1,057
Charge to Income Statement during year 750
Balance at 29 February 2024 1,807

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
10 Ordinary £1 10 10
10 Ordinary B £1 10 10
20 20