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REGISTERED NUMBER: 05898857 (England and Wales)















Unaudited Financial Statements

for the Period 1 September 2022 to 31 December 2023

for

Peace United Ltd

Peace United Ltd (Registered number: 05898857)






Contents of the Financial Statements
for the Period 1 September 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Peace United Ltd

Company Information
for the Period 1 September 2022 to 31 December 2023







DIRECTOR: C Caucino





SECRETARY: FTI (Secretariat) Ltd





REGISTERED OFFICE: 2nd Floor
19 Margaret Street
London
W1W 8RR





REGISTERED NUMBER: 05898857 (England and Wales)






Peace United Ltd (Registered number: 05898857)

Balance Sheet
31 December 2023

31.12.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 86,692 -
Tangible assets 5 1,263 1,894
Investments 6 1,573,625 -
1,661,580 1,894

CURRENT ASSETS
Debtors 7 157,063 202,207
Cash at bank 456,204 311,324
613,267 513,531
CREDITORS
Amounts falling due within one year 8 1,817,721 268,713
NET CURRENT (LIABILITIES)/ASSETS (1,204,454 ) 244,818
TOTAL ASSETS LESS CURRENT
LIABILITIES

457,126

246,712

PROVISIONS FOR LIABILITIES 21,673 -
NET ASSETS 435,453 246,712

Peace United Ltd (Registered number: 05898857)

Balance Sheet - continued
31 December 2023

31.12.23 31.8.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Revaluation reserve 9 86,692 -
Retained earnings 338,761 236,712
435,453 246,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 February 2025 and were signed by:





C Caucino - Director


Peace United Ltd (Registered number: 05898857)

Notes to the Financial Statements
for the Period 1 September 2022 to 31 December 2023

1. STATUTORY INFORMATION

Peace United 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Peace United Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discount, rebates, value added tax and other sales taxes.

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.

Trademark costs are being amortised evenly over their estimated useful life of 10 years.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of the tangible fixed assets over their expected useful lives as follows:

Fixtures and fittings -25% per annum on cost

Investments in subsidiaries
Interests in subsidiaries are initially measured at cost and subsequently measured at cost
less any accumulated impairment losses. The investments are assessed for impairment at
each reporting date and any impairment losses or reversals of impairment losses are
recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial
and operating policies of the entity so as to obtain benefits from its activities.


Peace United Ltd (Registered number: 05898857)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 December 2023

2. ACCOUNTING POLICIES - continued
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expenses that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for the current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 September 2022 44,313
Revaluations 86,692
At 31 December 2023 131,005
AMORTISATION
At 1 September 2022
and 31 December 2023 44,313
NET BOOK VALUE
At 31 December 2023 86,692
At 31 August 2022 -

Peace United Ltd (Registered number: 05898857)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 December 2023

4. INTANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2023 is represented by:

Other
intangible
assets
£   
Valuation in 0 86,692
Cost 44,313
131,005

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 December 2023 2,525
DEPRECIATION
At 1 September 2022 631
Charge for period 631
At 31 December 2023 1,262
NET BOOK VALUE
At 31 December 2023 1,263
At 31 August 2022 1,894

6. FIXED ASSET INVESTMENTS

31.12.23 31.8.22
£    £   
Shares in group undertakings 1 -
Loans to group undertakings 1,573,624 -
1,573,625 -

Peace United Ltd (Registered number: 05898857)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 December 2023

6. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Shares in
group
undertakings
£   
COST
Additions 1
At 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
Loans to
group
undertakings
£   
New in year 1,573,624
At 31 December 2023 1,573,624

The Investment is 100% ownership in the equity shares of Trademark Miami Inc, registered in USA.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.8.22
£    £   
Other debtors 157,063 202,207

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.8.22
£    £   
Trade creditors 30,003 29,144
Taxation and social security 74,483 23,291
Other creditors 1,713,235 216,278
1,817,721 268,713

Peace United Ltd (Registered number: 05898857)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 December 2023

9. RESERVES
Revaluation
reserve
£   
Trademark 86,692

At 31 December 2023 86,692

10. ULTIMATE CONTROLLING PARTY

The controlling party is Christophe Caucino, company director .