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
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
PEETS POTTED SHRIMPS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
20,886
24,181
Cash at bank and in hand
11,641
2,971
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
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
PEETS POTTED SHRIMPS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
PEETS POTTED SHRIMPS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
25,117
29,680
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,431
4,578
Trade creditors
59,788
38,443
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
9,587
2,208
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).