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REGISTERED NUMBER: 08297702 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

PEAK CONDITION LTD

PEAK CONDITION LTD (REGISTERED NUMBER: 08297702)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PEAK CONDITION LTD

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mrs D Mustard





REGISTERED OFFICE: 6 Ash Grove
Bowdon
Cheshire
WA14 3EG





REGISTERED NUMBER: 08297702 (England and Wales)





ACCOUNTANTS: G & A Partners LLP
Chartered Accountants
120 Cockfosters Road
Barnet
EN4 0DZ

PEAK CONDITION LTD (REGISTERED NUMBER: 08297702)

Statement of Financial Position
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £ £

CREDITORS
Amounts falling due within one year 5 36,391 27,388
NET CURRENT LIABILITIES (36,391 ) (27,388 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(36,391

)

(27,388

)

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings (36,396 ) (27,393 )
(36,391 ) (27,388 )

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 her 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 director and authorised for issue on 27 August 2024 and were signed by:





Mrs D Mustard - Director


PEAK CONDITION LTD (REGISTERED NUMBER: 08297702)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Peak Condition 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Motor vehicles - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 - 1 ) .

PEAK CONDITION LTD (REGISTERED NUMBER: 08297702)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£
COST
At 1 December 2022
and 30 November 2023 7,954
DEPRECIATION
At 1 December 2022
and 30 November 2023 7,954
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£ £
Bank loans and overdrafts 112 103
Other creditors 36,279 27,285
36,391 27,388

6. GOING CONCERN

At the balance sheet date, the company's liabilities exceeded its assets. The company has received
assurance from the directors that they will continue to give financial support to the company for twelve
months from the date of signing these financial statements. On this basis, the directors consider it
appropriate to prepare the accounts on a going concern basis. However, should the financial support
mentioned above not be forthcoming, the going concern basis used in preparing the company's
accounts may be invalid and adjustments would have to be made to reduce the value of assets to the
their realisable amount and to provide for any further liabilities which might arise. The accounts do not
include any adjustment to the company's assets or liabilities that might be necessary should this basis
not continue to be appropriate.