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REGISTERED NUMBER: 12303857 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

PEAK TRAVELS LTD

PEAK TRAVELS LTD (REGISTERED NUMBER: 12303857)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PEAK TRAVELS LTD

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTOR: M U Shah





REGISTERED OFFICE: 104 St Andrews Way
Slough
Berkshire
SL1 5LJ





REGISTERED NUMBER: 12303857 (England and Wales)





ACCOUNTANTS: Braham Noble Denholm & Co.
Rubicon House
Unit 5
Second Way
Wembley
Middlesex
HA9 0YJ

PEAK TRAVELS LTD (REGISTERED NUMBER: 12303857)

ABRIDGED BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,084 61,869

CURRENT ASSETS
Debtors 1,258 974
Cash at bank 34,839 22,762
36,097 23,736
CREDITORS
Amounts falling due within one year 23,724 20,076
NET CURRENT ASSETS 12,373 3,660
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,457

65,529

CREDITORS
Amounts falling due after more than one
year

48,282

50,775
NET ASSETS 42,175 14,754

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 6 42,075 14,654
SHAREHOLDERS' FUNDS 42,175 14,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PEAK TRAVELS LTD (REGISTERED NUMBER: 12303857)

ABRIDGED BALANCE SHEET - continued
30 November 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 20 August 2024 and were signed by:





M U Shah - Director


PEAK TRAVELS LTD (REGISTERED NUMBER: 12303857)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Peak Travels Ltd 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

PEAK TRAVELS LTD (REGISTERED NUMBER: 12303857)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 73,771
Additions 29,995
At 30 November 2023 103,766
DEPRECIATION
At 1 December 2022 11,902
Charge for year 13,780
At 30 November 2023 25,682
NET BOOK VALUE
At 30 November 2023 78,084
At 30 November 2022 61,869

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

6. RESERVES
Retained
earnings
£   

At 1 December 2022 14,654
Profit for the year 29,421
Dividends (2,000 )
At 30 November 2023 42,075