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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
Page
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Peter Guenzel Limited Company Information for the year ended 31 March 2024
Director
Peter Guenzel
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
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Peter Guenzel Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,793 
3,343 
Current assets
Debtors
8,694 
8,707 
Cash at bank and in hand
8,497 
9,882 
17,191 
18,589 
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)
Net assets
7 
46 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(93)
(54)
Shareholders' funds
7 
46 
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
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Peter Guenzel Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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Peter Guenzel Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
16,428 
Additions
608 
At 31 March 2024
17,036 
Depreciation
At 1 April 2023
13,085 
Charge for the year
1,158 
At 31 March 2024
14,243 
Net book value
At 31 March 2024
2,793 
At 31 March 2023
3,343 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
492 
1,136 
Trade debtors
5,097 
6,949 
Accrued income and prepayments
91 
225 
Other debtors
3,014 
397 
8,694 
8,707 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,165 
- 
Trade creditors
112 
225 
Taxes and social security
289 
1,279 
Other creditors
2,720 
- 
Accruals
- 
167 
Deferred income
3,378 
5,662 
8,664 
7,333 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,313 
14,553 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Peter Guenzel Limited Notes to the Accounts for the year ended 31 March 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Peter Guenzel
Directors loan
- 
3,014 
- 
3,014 
- 
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).
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