IRIS Accounts Production v24.3.2.46 10734175 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107341752023-04-30107341752024-04-30107341752023-05-012024-04-30107341752022-04-30107341752022-05-012023-04-30107341752023-04-3010734175ns15:EnglandWales2023-05-012024-04-3010734175ns14:PoundSterling2023-05-012024-04-3010734175ns10:Director12023-05-012024-04-3010734175ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010734175ns10:SmallEntities2023-05-012024-04-3010734175ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010734175ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010734175ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010734175ns10:FullAccounts2023-05-012024-04-301073417512023-05-012024-04-3010734175ns10:OrdinaryShareClass12023-05-012024-04-3010734175ns10:Director22023-05-012024-04-3010734175ns10:CompanySecretary12023-05-012024-04-3010734175ns10:RegisteredOffice2023-05-012024-04-3010734175ns5:CurrentFinancialInstruments2024-04-3010734175ns5:CurrentFinancialInstruments2023-04-3010734175ns5:ShareCapital2024-04-3010734175ns5:ShareCapital2023-04-3010734175ns5:RetainedEarningsAccumulatedLosses2024-04-3010734175ns5:RetainedEarningsAccumulatedLosses2023-04-3010734175ns5:NetGoodwill2023-05-012024-04-3010734175ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010734175ns5:PlantMachinery2023-05-012024-04-3010734175ns5:NetGoodwill2023-04-3010734175ns5:NetGoodwill2024-04-3010734175ns5:NetGoodwill2023-04-3010734175ns5:PlantMachinery2023-04-3010734175ns5:PlantMachinery2024-04-3010734175ns5:PlantMachinery2023-04-3010734175ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3010734175ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3010734175ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 10734175 (England and Wales)


Financial Statements for the Year Ended 30 April 2024

for

Peel Green Stores Ltd

Peel Green Stores Ltd (Registered number: 10734175)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Peel Green Stores Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr Balbir Singh
Mrs Ranjinder Kaur





SECRETARY: Mr Balbir Singh





REGISTERED OFFICE: 161 Peel Green Road
Eccles
Manchester
England
M30 7DT





REGISTERED NUMBER: 10734175 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Peel Green Stores Ltd (Registered number: 10734175)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 75,000 75,000
Property, plant and equipment 5 5,885 7,356
80,885 82,356

CURRENT ASSETS
Inventories 42,230 38,232
Debtors 6 1,400 1,550
Cash at bank and in hand 33,337 49,270
76,967 89,052
CREDITORS
Amounts falling due within one year 7 98,031 118,828
NET CURRENT LIABILITIES (21,064 ) (29,776 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,821

52,580

CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Retained earnings 57,821 50,580
SHAREHOLDERS' FUNDS 59,821 52,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Peel Green Stores Ltd (Registered number: 10734175)

Statement of Financial Position - continued
30 April 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 Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by:





Mr Balbir Singh - Director


Peel Green Stores Ltd (Registered number: 10734175)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Peel Green Stores Ltd 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
Revenue 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 2018.

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.
Plant and machinery etc - 20% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 75,000
NET BOOK VALUE
At 30 April 2024 75,000
At 30 April 2023 75,000

Peel Green Stores Ltd (Registered number: 10734175)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 11,130
DEPRECIATION
At 1 May 2023 3,774
Charge for year 1,471
At 30 April 2024 5,245
NET BOOK VALUE
At 30 April 2024 5,885
At 30 April 2023 7,356

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 1,400 1,550

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 38,150 52,572
Taxation and social security 13,906 21,492
Other creditors 45,975 44,764
98,031 118,828

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2,000 Share capital 1 £1 2,000 2,000

9. RELATED PARTY DISCLOSURES

During the year, the company has paid rent of £10,400 in respect of the business property 161 Peel Green Road, Eccles, Manchester, Greater Manchester, M30 7DT owned by the directors.