Company registration number 00127450 (England and Wales)
R. PEACH & CO. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
R. PEACH & CO. LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
R. PEACH & CO. LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
247,783
247,864
Current assets
Debtors
4
487,042
485,829
Cash at bank and in hand
161
209
487,203
486,038
Creditors: amounts falling due within one year
5
(192,982)
(181,005)
Net current assets
294,221
305,033
Total assets less current liabilities
542,004
552,897
Creditors: amounts falling due after more than one year
6
(90,382)
(89,049)
Net assets
451,622
463,848
Capital and reserves
Called up share capital
160,560
160,560
Profit and loss reserves
291,062
303,288
Total equity
451,622
463,848

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 31 October 2024 and are signed on its behalf by:
Mr M J A Wright
Director
Company registration number 00127450 (England and Wales)
R. PEACH & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
- 2 -
1
Accounting policies
Company information

R. Peach & Co. Limited is a private company limited by shares incorporated in England and Wales. The registered office is Prospect House, 1 Prospect Place, Pride Park, Derby, DE24 8HG. The company registration number is 00127450.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
Nil
Fixtures, fittings & equipment
15% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
R. PEACH & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 3 -
3
Tangible fixed assets
Land and buildings Freehold
Fixtures, fittings & equipment
Total
£
£
£
Cost
At 1 February 2023 and 31 January 2024
256,792
1,471
258,263
Depreciation and impairment
At 1 February 2023
9,009
1,390
10,399
Depreciation charged in the year
-
0
81
81
At 31 January 2024
9,009
1,471
10,480
Carrying amount
At 31 January 2024
247,783
-
0
247,783
At 31 January 2023
247,783
81
247,864
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
2,566
2,566
Amounts owed by group undertakings
481,357
480,144
Other debtors
527
527
Prepayments and accrued income
2,592
2,592
487,042
485,829
5
Creditors: amounts falling due within one year
2024
2023
£
£
Other borrowings
484
484
Trade creditors
34,742
34,742
Corporation tax
7
7
Other taxation and social security
6,752
6,752
Other creditors
18,621
17,408
Accruals and deferred income
132,376
121,612
192,982
181,005
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
90,382
89,049
2024-01-312023-02-01false31 October 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr M J A WrightMr A A Wrightfalsefalse001274502023-02-012024-01-31001274502024-01-31001274502023-01-3100127450core:LandBuildingscore:OwnedOrFreeholdAssets2024-01-3100127450core:FurnitureFittings2024-01-3100127450core:LandBuildingscore:OwnedOrFreeholdAssets2023-01-3100127450core:FurnitureFittings2023-01-3100127450core:CurrentFinancialInstrumentscore:WithinOneYear2024-01-3100127450core:CurrentFinancialInstrumentscore:WithinOneYear2023-01-3100127450core:Non-currentFinancialInstrumentscore:AfterOneYear2024-01-3100127450core:Non-currentFinancialInstrumentscore:AfterOneYear2023-01-3100127450core:CurrentFinancialInstruments2024-01-3100127450core:CurrentFinancialInstruments2023-01-3100127450core:ShareCapital2024-01-3100127450core:ShareCapital2023-01-3100127450core:RetainedEarningsAccumulatedLosses2024-01-3100127450core:RetainedEarningsAccumulatedLosses2023-01-3100127450bus:Director12023-02-012024-01-3100127450core:LandBuildingscore:OwnedOrFreeholdAssets2023-02-012024-01-3100127450core:FurnitureFittings2023-02-012024-01-31001274502022-02-012023-01-3100127450core:LandBuildingscore:OwnedOrFreeholdAssets2023-01-3100127450core:FurnitureFittings2023-01-31001274502023-01-3100127450core:Non-currentFinancialInstruments2024-01-3100127450core:Non-currentFinancialInstruments2023-01-3100127450bus:PrivateLimitedCompanyLtd2023-02-012024-01-3100127450bus:SmallCompaniesRegimeForAccounts2023-02-012024-01-3100127450bus:FRS1022023-02-012024-01-3100127450bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3100127450bus:Director22023-02-012024-01-3100127450bus:FullAccounts2023-02-012024-01-31xbrli:purexbrli:sharesiso4217:GBP