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REGISTERED NUMBER: 13501491 (England and Wales)











PETER ELLIS BOOKSELLER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






PETER ELLIS BOOKSELLER LIMITED (REGISTERED NUMBER: 13501491)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 6

PETER ELLIS BOOKSELLER LIMITED

COMPANY INFORMATION
for the year ended 31 July 2024







DIRECTOR: P Ellis





REGISTERED OFFICE: 28 Granville Park
Blackheath
London
SE13 7EA





REGISTERED NUMBER: 13501491 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

PETER ELLIS BOOKSELLER LIMITED (REGISTERED NUMBER: 13501491)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,500 36,000
Tangible assets 5 17,342 18,306
48,842 54,306

CURRENT ASSETS
Stocks 138,000 94,000
Debtors 6 2,401 147
Cash at bank 71,901 93,449
212,302 187,596
CREDITORS
Amounts falling due within one year 7 148,174 157,850
NET CURRENT ASSETS 64,128 29,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,970

84,052

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 112,870 83,952
112,970 84,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PETER ELLIS BOOKSELLER LIMITED (REGISTERED NUMBER: 13501491)

BALANCE SHEET - continued
31 July 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 January 2025 and were signed by:





P Ellis - Director


PETER ELLIS BOOKSELLER LIMITED (REGISTERED NUMBER: 13501491)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Peter Ellis Bookseller Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PETER ELLIS BOOKSELLER LIMITED (REGISTERED NUMBER: 13501491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 45,000
AMORTISATION
At 1 August 2023 9,000
Charge for year 4,500
At 31 July 2024 13,500
NET BOOK VALUE
At 31 July 2024 31,500
At 31 July 2023 36,000

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 18,676 675 1,463 20,814
Additions - - 390 390
At 31 July 2024 18,676 675 1,853 21,204
DEPRECIATION
At 1 August 2023 1,843 169 496 2,508
Charge for year 921 126 307 1,354
At 31 July 2024 2,764 295 803 3,862
NET BOOK VALUE
At 31 July 2024 15,912 380 1,050 17,342
At 31 July 2023 16,833 506 967 18,306

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,401 147

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,257 7,597
Other creditors 139,917 150,253
148,174 157,850

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PETER ELLIS BOOKSELLER LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peter Ellis Bookseller Limited for the year ended 31 July 2024 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Peter Ellis Bookseller Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Peter Ellis Bookseller Limited and state those matters that we have agreed to state to the director of Peter Ellis Bookseller Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peter Ellis Bookseller Limited and its director for our work or for this report.

It is your duty to ensure that Peter Ellis Bookseller Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Peter Ellis Bookseller Limited. You consider that Peter Ellis Bookseller Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Peter Ellis Bookseller Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


7 January 2025