Peregrine Creamware Ltd 13981941 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is manufacture of household articles. Digita Accounts Production Advanced 6.30.9574.0 true 13981941 2023-05-01 2024-04-30 13981941 2024-04-30 13981941 core:RetainedEarningsAccumulatedLosses 2024-04-30 13981941 core:ShareCapital 2024-04-30 13981941 core:CurrentFinancialInstruments 2024-04-30 13981941 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 13981941 core:FurnitureFittingsToolsEquipment 2024-04-30 13981941 core:OtherPropertyPlantEquipment 2024-04-30 13981941 bus:SmallEntities 2023-05-01 2024-04-30 13981941 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 13981941 bus:FullAccounts 2023-05-01 2024-04-30 13981941 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13981941 bus:RegisteredOffice 2023-05-01 2024-04-30 13981941 bus:Director1 2023-05-01 2024-04-30 13981941 bus:Director2 2023-05-01 2024-04-30 13981941 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13981941 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 13981941 core:OtherPropertyPlantEquipment 2023-05-01 2024-04-30 13981941 countries:EnglandWales 2023-05-01 2024-04-30 13981941 2023-04-30 13981941 core:FurnitureFittingsToolsEquipment 2023-04-30 13981941 core:OtherPropertyPlantEquipment 2023-04-30 13981941 2022-03-16 2023-04-30 13981941 2023-04-30 13981941 core:RetainedEarningsAccumulatedLosses 2023-04-30 13981941 core:ShareCapital 2023-04-30 13981941 core:CurrentFinancialInstruments 2023-04-30 13981941 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 13981941 core:FurnitureFittingsToolsEquipment 2023-04-30 13981941 core:OtherPropertyPlantEquipment 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 13981941

Peregrine Creamware Ltd

Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Peregrine Creamware Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Peregrine Creamware Ltd

Company Information

Directors

Mr Paul Martin Deakes

Mrs Joanne Richardson-Deakes

Registered office

Unit 9 Staffordshire House
Warren Street
Longton
Stoke-On-Trent
Staffordshire
ST3 1QD

Accountants

Alextra Group Limited
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

 

Peregrine Creamware Ltd

(Registration number: 13981941)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,692

2,306

Current assets

 

Stocks

5

4,000

2,000

Debtors

6

3,298

318

Cash at bank and in hand

 

10,225

6,880

 

17,523

9,198

Creditors: Amounts falling due within one year

7

(13,697)

(10,386)

Net current assets/(liabilities)

 

3,826

(1,188)

Total assets less current liabilities

 

6,518

1,118

Provisions for liabilities

(511)

(438)

Net assets

 

6,007

680

Capital and reserves

 

Called up share capital

100

100

Retained earnings

5,907

580

Shareholders' funds

 

6,007

680

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 September 2024 and signed on its behalf by:
 

 

Peregrine Creamware Ltd

(Registration number: 13981941)
Balance Sheet as at 30 April 2024

.........................................
Mr Paul Martin Deakes
Director

 

Peregrine Creamware Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 9 Staffordshire House
Warren Street
Longton
Stoke-On-Trent
Staffordshire
ST3 1QD
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Peregrine Creamware Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Peregrine Creamware Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 May 2023

2,108

544

2,652

Additions

220

630

850

At 30 April 2024

2,328

1,174

3,502

Depreciation

At 1 May 2023

292

54

346

Charge for the year

347

117

464

At 30 April 2024

639

171

810

Carrying amount

At 30 April 2024

1,689

1,003

2,692

At 30 April 2023

1,816

490

2,306

5

Stocks

2024
£

2023
£

Other inventories

4,000

2,000

6

Debtors

Current

2024
£

2023
£

Trade debtors

3,298

318

7

Creditors

Creditors: amounts falling due within one year

 

Peregrine Creamware Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

2024
£

2023
£

Due within one year

Trade creditors

-

1,079

Taxation and social security

5,290

3,081

Accruals and deferred income

2,223

-

Other creditors

6,184

6,226

13,697

10,386