Company Registration No. 3355209 (England and Wales)
Peak Cavern Limited
Unaudited accounts
for the year ended 31 March 2024
Peak Cavern Limited
Unaudited accounts
Contents
Peak Cavern Limited
Company Information
for the year ended 31 March 2024
Directors
J Gosling
J D Harrison
Company Number
3355209 (England and Wales)
Registered Office
28 Terminus Road
Sheffield
S7 2LH
United Kingdom
Accountants
HART SIMPSON
65 Ward Street
New Tupton
Chesterfield
Derbyshire
S42 6XR
Peak Cavern Limited
Statement of financial position
as at 31 March 2024
Tangible assets
143,925
114,707
Cash at bank and in hand
1,013,993
891,663
Creditors: amounts falling due within one year
(477,660)
(472,117)
Net current assets
576,333
459,546
Net assets
720,258
574,253
Called up share capital
2
2
Profit and loss account
720,256
574,251
Shareholders' funds
720,258
574,253
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
J Gosling
Director
Company Registration No. 3355209
Peak Cavern Limited
Notes to the Accounts
for the year ended 31 March 2024
Peak Cavern Limited is a private company, limited by shares, registered in England and Wales, registration number 3355209. The registered office is 28 Terminus Road, Sheffield, S7 2LH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
69,933
127,364
197,297
At 31 March 2024
69,933
166,204
236,137
At 1 April 2023
15,762
66,828
82,590
Charge for the year
542
9,080
9,622
At 31 March 2024
16,304
75,908
92,212
At 31 March 2024
53,629
90,296
143,925
At 31 March 2023
54,171
60,536
114,707
Amounts falling due within one year
Trade debtors
40,000
40,000
Peak Cavern Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
(1)
(1)
Trade creditors
20,125
17,500
Taxes and social security
92,264
71,429
Other creditors
7,454
10,510
Loans from directors
357,818
372,679
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).