1 June 2023 false No description of principal activity Taxfiler 2024.6 12005822business:PrivateLimitedCompanyLtd2023-06-012024-05-31 120058222023-05-31 120058222023-06-012024-05-31 12005822business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 12005822business:FilletedAccounts2023-06-012024-05-31 120058222024-05-31 12005822business:Director22023-06-012024-05-31 12005822business:Director32023-06-012024-05-31 12005822business:RegisteredOffice2023-06-012024-05-31 120058222023-05-31 12005822core:WithinOneYear2024-05-31 12005822core:WithinOneYear2023-05-31 12005822core:AfterOneYear2024-05-31 12005822core:AfterOneYear2023-05-31 12005822core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 12005822core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12005822core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12005822core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12005822core:PreviouslyStatedAmount2024-05-31 12005822core:PreviouslyStatedAmount2023-05-31 12005822business:SmallEntities2023-06-012024-05-31 12005822countries:EnglandWales2023-06-012024-05-31 12005822core:PlantMachinery2023-05-31 12005822core:MotorVehicles2023-05-31 12005822core:PlantMachinery2024-05-31 12005822core:MotorVehicles2024-05-31 12005822core:PlantMachinery2023-06-012024-05-31 12005822core:MotorVehicles2023-06-012024-05-31 120058222022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12005822 (England and Wales)
Peace of Mind Properties Ltd Unaudited accounts for the year ended 31 May 2024
Peace of Mind Properties Ltd Unaudited accounts Contents
Page
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Peace of Mind Properties Ltd Company Information for the year ended 31 May 2024
Directors
Nicola Michelle Peace Janet Christine Williams
Company Number
12005822 (England and Wales)
Registered Office
Unit 2 Burley House Rowditch Place Derby Derbyshire DE22 3LR England
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Peace of Mind Properties Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
483 
644 
Current assets
Debtors
7,528 
17,543 
Cash at bank and in hand
2,760 
2,074 
10,288 
19,617 
Creditors: amounts falling due within one year
(23,501)
(12,642)
Net current (liabilities)/assets
(13,213)
6,975 
Total assets less current liabilities
(12,730)
7,619 
Creditors: amounts falling due after more than one year
(20,142)
(22,921)
Net liabilities
(32,872)
(15,302)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(32,876)
(15,306)
Shareholders' funds
(32,872)
(15,302)
For the year ending 31 May 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 18 February 2025 and were signed on its behalf by
Nicola Michelle Peace Director Company Registration No. 12005822
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Peace of Mind Properties Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Peace of Mind Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12005822. The registered office is Unit 2, Burley House, Rowditch Place, Derby, Derbyshire, DE22 3LR, England.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
1,870 
1,355 
3,225 
At 31 May 2024
1,870 
1,355 
3,225 
Depreciation
At 1 June 2023
1,226 
1,355 
2,581 
Charge for the year
161 
- 
161 
At 31 May 2024
1,387 
1,355 
2,742 
Net book value
At 31 May 2024
483 
- 
483 
At 31 May 2023
644 
- 
644 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,093 
Accrued income and prepayments
7,528 
6,034 
Other debtors
- 
2,416 
7,528 
17,543 
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Peace of Mind Properties Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
163 
Trade creditors
- 
15 
Taxes and social security
418 
173 
Loans from directors
22,056 
10,267 
Accruals
1,027 
2,024 
23,501 
12,642 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,142 
22,921 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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