Company Registration No. 05724506 (England and Wales)
Peter Guenzel Limited
Unaudited accounts
for the year ended 31 March 2024
Peter Guenzel Limited
Unaudited accounts
Contents
Peter Guenzel Limited
Company Information
for the year ended 31 March 2024
Company Number
05724506 (England and Wales)
Registered Office
Unit 51 Regent Studios
8 Andrews Road
London
Greater London
E8 4QN
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Peter Guenzel Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,793
3,343
Cash at bank and in hand
8,497
9,882
Creditors: amounts falling due within one year
(8,664)
(7,333)
Net current assets
8,527
11,256
Total assets less current liabilities
11,320
14,599
Creditors: amounts falling due after more than one year
(11,313)
(14,553)
Called up share capital
100
100
Profit and loss account
(93)
(54)
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 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 17 October 2024 and were signed on its behalf by
Peter Guenzel
Director
Company Registration No. 05724506
Peter Guenzel Limited
Notes to the Accounts
for the year ended 31 March 2024
Peter Guenzel Limited is a private company, limited by shares, registered in England and Wales, registration number 05724506. The registered office is Unit 51 Regent Studios , 8 Andrews Road , London, Greater London, E8 4QN .
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
straight line over 5 years
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Peter Guenzel Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
91
225
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,165
-
Taxes and social security
289
1,279
Deferred income
3,378
5,662
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Peter Guenzel Limited
Notes to the Accounts
for the year ended 31 March 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
-
3,014
-
3,014
The directors loan was cleared within 9 months of the year end by way of dividends
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).