Company Registration No. 13889182 (England and Wales)
Peel Finance - Mortgage and Protection Solutions Ltd
Unaudited accounts
for the year ended 29 February 2024
Peel Finance - Mortgage and Protection Solutions Ltd
Unaudited accounts
Contents
Peel Finance - Mortgage and Protection Solutions Ltd
Company Information
for the year ended 29 February 2024
Company Number
13889182 (England and Wales)
Registered Office
13 HURCOMB WAY
CREWE
CW1 5AT
UNITED KINGDOM
Accountants
Townley & Co Limited
Warrington Business Centre
67 Bewsey Street
Warrington
WA2 7JQ
Peel Finance - Mortgage and Protection Solutions Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
6,652
262
Creditors: amounts falling due within one year
(5,057)
(1,571)
Net current assets/(liabilities)
1,595
(1,309)
Called up share capital
1
1
Profit and loss account
2,530
75
Shareholders' funds
2,531
76
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 8 October 2024 and were signed on its behalf by
Mr William Peel
Director
Company Registration No. 13889182
Peel Finance - Mortgage and Protection Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
Peel Finance - Mortgage and Protection Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13889182. The registered office is 13 HURCOMB WAY, CREWE, CW1 5AT, 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:
Plant & machinery
25% reduced balance method
Computer equipment
25% straight line basis
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
212
1,635
1,847
At 29 February 2024
212
1,635
1,847
At 1 March 2023
53
409
462
Charge for the year
40
409
449
At 29 February 2024
93
818
911
At 29 February 2024
119
817
936
At 28 February 2023
159
1,226
1,385
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,082
698
Loans from directors
111
9
Peel Finance - Mortgage and Protection Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).