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REGISTERED NUMBER: 10983518 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Peartreetrading Limited

Peartreetrading Limited (Registered number: 10983518)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Peartreetrading Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M L Albiniano
A R Albiniano
G L Albiniano





REGISTERED OFFICE: Pear Tree Inn Church Hill
Woodhouse Eaves
Loughborough
LE12 8RT





REGISTERED NUMBER: 10983518 (England and Wales)





ACCOUNTANTS: Brockhurst Davies Limited
11 The Office Village
North Road
Loughborough
Leicestershire
LE11 1QJ

Peartreetrading Limited (Registered number: 10983518)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 551,908 530,113
Investments 5 - 104,702
551,908 634,815

CURRENT ASSETS
Stocks 10,500 18,000
Debtors 44,060 105,773
Cash at bank and in hand 114,253 51,881
168,813 175,654
CREDITORS
Amounts falling due within one year 131,613 189,830
NET CURRENT ASSETS/(LIABILITIES) 37,200 (14,176 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

589,108

620,639

CREDITORS
Amounts falling due after more than one year 6 (276,269 ) (296,897 )

PROVISIONS FOR LIABILITIES (14,193 ) (7,281 )
NET ASSETS 298,646 316,461

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 298,546 316,361
298,646 316,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Peartreetrading Limited (Registered number: 10983518)

Abridged Balance Sheet - continued
31 December 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 31 December 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 Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





A R Albiniano - Director


Peartreetrading Limited (Registered number: 10983518)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Peartreetrading Limited 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.

Fixtures and Fittings - 20%
Plant and Machinery - 20%
Office Equipment - 25%
Motor Vehicles - 25%
Freehold Property - 2%
Property Improvements - 10%

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Basic financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.


Peartreetrading Limited (Registered number: 10983518)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 35 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 January 2023 626,002
Additions 63,662
Disposals (30,915 )
At 31 December 2023 658,749
DEPRECIATION
At 1 January 2023 95,889
Charge for year 37,927
Eliminated on disposal (26,975 )
At 31 December 2023 106,841
NET BOOK VALUE
At 31 December 2023 551,908
At 31 December 2022 530,113

Peartreetrading Limited (Registered number: 10983518)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£
COST
At 1 January 2023 104,702
Disposals (104,702 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 104,702

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£ £
Repayable by instalments
Bank loans more 5 yr by instal 214,102 224,730

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£ £
Bank loans 274,102 379,125

The bank loan is secured on the freehold property.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£ £
A R Albiniano
Balance outstanding at start of year 35,022 23,074
Amounts advanced 4,056 39,023
Amounts repaid (35,022 ) (27,075 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,056 35,022

Peartreetrading Limited (Registered number: 10983518)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

G L Albiniano
Balance outstanding at start of year - -
Amounts advanced 13,574 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,574 -

M L Albiniano
Balance outstanding at start of year - -
Amounts advanced 4,099 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,099 -