1 June 2023 false No description of principal activity Taxfiler 2024.6 07652028business:PrivateLimitedCompanyLtd2023-06-012024-05-31 076520282023-05-31 076520282023-06-012024-05-31 07652028business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 07652028business:FilletedAccounts2023-06-012024-05-31 076520282024-05-31 07652028business:Director12023-06-012024-05-31 07652028business:RegisteredOffice2023-06-012024-05-31 076520282023-05-31 07652028core:WithinOneYear2024-05-31 07652028core:WithinOneYear2023-05-31 07652028core:AfterOneYear2024-05-31 07652028core:AfterOneYear2023-05-31 07652028core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 07652028core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 07652028core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 07652028core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 07652028core:PreviouslyStatedAmount2024-05-31 07652028core:PreviouslyStatedAmount2023-05-31 07652028business:SmallEntities2023-06-012024-05-31 07652028countries:EnglandWales2023-06-012024-05-31 07652028core:LandBuildings2023-06-012024-05-31 07652028core:PlantMachinery2023-06-012024-05-31 07652028core:MotorVehicles2023-06-012024-05-31 07652028core:FurnitureFittings2023-06-012024-05-31 07652028core:ComputerEquipment2023-06-012024-05-31 07652028core:LandBuildings2023-05-31 07652028core:PlantMachinery2023-05-31 07652028core:MotorVehicles2023-05-31 07652028core:FurnitureFittings2023-05-31 07652028core:ComputerEquipment2023-05-31 07652028core:LandBuildings2024-05-31 07652028core:PlantMachinery2024-05-31 07652028core:MotorVehicles2024-05-31 07652028core:FurnitureFittings2024-05-31 07652028core:ComputerEquipment2024-05-31 076520282022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 07652028 (England and Wales)
PEETS POTTED SHRIMPS LIMITED Unaudited accounts for the year ended 31 May 2024
PEETS POTTED SHRIMPS LIMITED Unaudited accounts Contents
Page
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PEETS POTTED SHRIMPS LIMITED Company Information for the year ended 31 May 2024
Director
Kevin William Peet
Company Number
07652028 (England and Wales)
Registered Office
70 LYTHAM ROAD MARSHSIDE SOUTHPORT MERSEYSIDE PR9 9TZ
Accountants
NAAP ACCOUNTANTS LTD 5 Duke Street Southport PR8 1SE
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PEETS POTTED SHRIMPS LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,886 
24,181 
Current assets
Inventories
934 
934 
Debtors
28,146 
31,431 
Cash at bank and in hand
11,641 
2,971 
40,721 
35,336 
Creditors: amounts falling due within one year
(77,219)
(43,021)
Net current liabilities
(36,498)
(7,685)
Total assets less current liabilities
(15,612)
16,496 
Creditors: amounts falling due after more than one year
(15,011)
(13,012)
Net (liabilities)/assets
(30,623)
3,484 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(30,624)
3,483 
Shareholders' funds
(30,623)
3,484 
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 director acknowledges his 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 and authorised for issue on 26 February 2025 and were signed on its behalf by
Kevin William Peet Director Company Registration No. 07652028
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PEETS POTTED SHRIMPS LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
PEETS POTTED SHRIMPS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07652028. The registered office is 70 LYTHAM ROAD, MARSHSIDE, SOUTHPORT, MERSEYSIDE, PR9 9TZ.
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:
Land & buildings
Depreciation of 10% on a straight line basis
Plant & machinery
Depreciation of 25% on a straight line basis
Motor vehicles
Depreciation of 25% on a reducing balance basis
Fixtures & fittings
Depreciation of 25% on a straight line basis
Computer equipment
Depreciation of 33.33% on a straight line basis
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
9,761 
64,950 
30,312 
14,883 
2,476 
122,382 
Additions
- 
3,052 
- 
- 
- 
3,052 
At 31 May 2024
9,761 
68,002 
30,312 
14,883 
2,476 
125,434 
Depreciation
At 1 June 2023
2,928 
56,315 
22,552 
14,379 
2,027 
98,201 
Charge for the year
976 
1,770 
3,012 
140 
449 
6,347 
At 31 May 2024
3,904 
58,085 
25,564 
14,519 
2,476 
104,548 
Net book value
At 31 May 2024
5,857 
9,917 
4,748 
364 
- 
20,886 
At 31 May 2023
6,833 
8,635 
7,760 
504 
449 
24,181 
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PEETS POTTED SHRIMPS LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,029 
- 
Trade debtors
25,117 
29,680 
Other debtors
- 
1,751 
28,146 
31,431 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
17,431 
4,578 
Trade creditors
59,788 
38,443 
77,219 
43,021 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,424 
10,804 
Loans from directors
9,587 
2,208 
15,011 
13,012 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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