Peacock Cottage Breaks Limited
Registered number: 09302088
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 180,840 180,840
Investments 4 88,323 92,823
269,163 273,663
Current assets
Cash at bank and in hand 1,739 2,299
Creditors: amounts falling due within one year 5 (165,297) (164,928)
Net current liabilities (163,558) (162,629)
Total assets less current liabilities 105,605 111,034
Creditors: amounts falling due after more than one year 6 (84,699) (88,334)
Net assets 20,906 22,700
Capital and reserves
Called up share capital 3 3
Profit and loss account 20,903 22,697
Shareholders' funds 20,906 22,700
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Irina Chubatyuk
Director
Approved by the board on 28 August 2024
Peacock Cottage Breaks Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover includes revenue earned from the renting ot cottages and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 18% Reducing balance
Fixtures, fittings, tools and equipment 18% Reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 December 2022 180,840
At 30 November 2023 180,840
Depreciation
At 30 November 2023 -
Net book value
At 30 November 2023 180,840
At 30 November 2022 180,840
4 Investments
Other
investments
£
Cost
At 1 December 2022 92,823
Disposals (4,500)
At 30 November 2023 88,323
5 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax - 233
Other creditors 165,297 164,695
165,297 164,928
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 84,699 88,334
7 Other information
Peacock Cottage Breaks Limited is a private company limited by shares and incorporated in England. Its registered office is:
87
Harvey House
Green Dragon Lane
Brentford
TW8 0DJ
Peacock Cottage Breaks Limited 09302088 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 Irina Chubatyuk No description of principal activity 09302088 2021-12-01 2022-11-30 09302088 core:WithinOneYear 2022-11-30 09302088 core:AfterOneYear 2022-11-30 09302088 core:ShareCapital 2022-11-30 09302088 core:RetainedEarningsAccumulatedLosses 2022-11-30 09302088 2022-12-01 2023-11-30 09302088 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09302088 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09302088 bus:Director40 2022-12-01 2023-11-30 09302088 2 2022-12-01 2023-11-30 09302088 countries:England 2022-12-01 2023-11-30 09302088 bus:FRS102 2022-12-01 2023-11-30 09302088 bus:FilletedAccounts 2022-12-01 2023-11-30 09302088 2023-11-30 09302088 core:WithinOneYear 2023-11-30 09302088 core:AfterOneYear 2023-11-30 09302088 core:ShareCapital 2023-11-30 09302088 core:RetainedEarningsAccumulatedLosses 2023-11-30 09302088 core:LandBuildings 2023-11-30 09302088 2022-11-30 09302088 core:LandBuildings 2022-11-30 iso4217:GBP xbrli:pure