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Company Registration No. 13215226 (England and Wales)
Peace Property Doctors Ltd Unaudited accounts for the year ended 29 February 2024
Peace Property Doctors Ltd Unaudited accounts Contents
Page
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Peace Property Doctors Ltd Company Information for the year ended 29 February 2024
Directors
Dr Alice Claudia Fusneica Dr George Nicolae Fusneica Nicola Michelle Peace Julia Peace
Company Number
13215226 (England and Wales)
Registered Office
15 Rhydhelig Avenue Cardiff South Glamorgan CF14 4DA Wales
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Peace Property Doctors Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,601 
11,266 
Investment property
1,290,000 
1,008,361 
1,320,601 
1,019,627 
Current assets
Debtors
1,431 
612 
Cash at bank and in hand
9,938 
91,829 
11,369 
92,441 
Creditors: amounts falling due within one year
(227,625)
(51,506)
Net current (liabilities)/assets
(216,256)
40,935 
Total assets less current liabilities
1,104,345 
1,060,562 
Creditors: amounts falling due after more than one year
(981,187)
(1,045,578)
Provisions for liabilities
Deferred tax
(29,475)
(1,639)
Net assets
93,683 
13,345 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
8,624 
8,624 
Profit and loss account
84,959 
4,621 
Shareholders' funds
93,683 
13,345 
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 directors acknowledge their 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 of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
Nicola Michelle Peace Director Company Registration No. 13215226
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Peace Property Doctors Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Peace Property Doctors Ltd is a private company, limited by shares, registered in England and Wales, registration number 13215226. The registered office is 15 Rhydhelig Avenue, Cardiff, South Glamorgan, CF14 4DA, Wales.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
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Peace Property Doctors Ltd Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
13,916 
Additions
21,455 
At 29 February 2024
35,371 
Depreciation
At 1 March 2023
2,650 
Charge for the year
2,120 
At 29 February 2024
4,770 
Net book value
At 29 February 2024
30,601 
At 28 February 2023
11,266 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
1,008,361 
Net gain from fair value adjustments
281,639 
At 29 February 2024
1,290,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,431 
612 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
846 
Other creditors
220,000 
50,000 
Accruals
660 
660 
Deferred income
6,965 
- 
227,625 
51,506 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
981,187 
546,000 
Loans from directors
- 
499,578 
981,187 
1,045,578 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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