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REGISTERED NUMBER: 07804241 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Peadmar Services Limited

Peadmar Services Limited (Registered number: 07804241)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Peadmar Services Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: P Sweeney
M Sweeney





SECRETARY:





REGISTERED OFFICE: 19, Ajax Avenue
Colindale
London
NW9 5EY





REGISTERED NUMBER: 07804241 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

Peadmar Services Limited (Registered number: 07804241)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,757 23,217

CURRENT ASSETS
Debtors 5 39,955 30,974
Cash at bank 67,194 5,636
107,149 36,610
CREDITORS
Amounts falling due within one year 6 121,247 46,506
NET CURRENT LIABILITIES (14,098 ) (9,896 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,659

13,321

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 17,657 13,319
SHAREHOLDERS' FUNDS 17,659 13,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

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 15 August 2024 and were signed on its behalf by:



P Sweeney - Director



M Sweeney - Director


Peadmar Services Limited (Registered number: 07804241)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Peadmar Services 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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 76,508
Additions 19,124
At 31 October 2023 95,632
DEPRECIATION
At 1 November 2022 53,291
Charge for year 10,584
At 31 October 2023 63,875
NET BOOK VALUE
At 31 October 2023 31,757
At 31 October 2022 23,217

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 29,033 13,800
Other debtors 10,922 17,174
39,955 30,974

Peadmar Services Limited (Registered number: 07804241)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 53,810 1,750
Taxation and social security 38,909 21,330
Other creditors 28,528 23,426
121,247 46,506

7. RELATED PARTY DISCLOSURES

Mr Peadar Sweeney is also a director in Startup Properties Limited.

A further loan was provided to the company during the year on normal commercial terms. The amount of this loan was £9,000.

The loan outstanding to Startup Properties Limited at the year end was £14,000(2022:£5,000).

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr M Sweeney and Mr P Sweeney by virtue of their ownership of 50% each of the issued ordinary share capital in the company.

Peadmar Services Limited

Report of the Accountants to the Directors of
Peadmar Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


15 August 2024