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REGISTERED NUMBER: 07648883 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

PEARTREE BRIDGE LODGE LIMITED

PEARTREE BRIDGE LODGE LIMITED (REGISTERED NUMBER: 07648883)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PEARTREE BRIDGE LODGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: T F Smith
J A Smith





REGISTERED OFFICE: Waterside
Peartree Bridge
Milton Keynes
Buckinghamshire
MK6 3BX





REGISTERED NUMBER: 07648883 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

PEARTREE BRIDGE LODGE LIMITED (REGISTERED NUMBER: 07648883)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 318,829 322,667

CURRENT ASSETS
Debtors 6 141,116 147,992
Cash at bank and in hand 124,633 229,954
265,749 377,946
CREDITORS
Amounts falling due within one year 7 125,644 177,836
NET CURRENT ASSETS 140,105 200,110
TOTAL ASSETS LESS CURRENT
LIABILITIES

458,934

522,777

CREDITORS
Amounts falling due after more than one year 8 (166,835 ) (182,969 )

PROVISIONS FOR LIABILITIES 9 (4,508 ) (3,441 )
NET ASSETS 287,591 336,367

CAPITAL AND RESERVES
Called up share capital 10 300 300
Retained earnings 287,291 336,067
SHAREHOLDERS' FUNDS 287,591 336,367

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:




T F Smith - Director



J A Smith - Director


PEARTREE BRIDGE LODGE LIMITED (REGISTERED NUMBER: 07648883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Peartree Bridge Lodge Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the property
Improvements to property - 4% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Coronavirus business interruption loan scheme
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19). The scheme helps small and medium-sized businesses to access loans and other kinds of finance up to £5 million. The government guarantees 80% of the finance to the lender, paying interest and any fees for the first 12 months of the loan agreement.

Operating lease commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PEARTREE BRIDGE LODGE LIMITED (REGISTERED NUMBER: 07648883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
Cost
At 1 July 2023 293,225 35,688 31,209
Additions - - 1,086
At 30 June 2024 293,225 35,688 32,295
Depreciation
At 1 July 2023 24,632 3,142 21,533
Charge for year 2,346 285 1,476
At 30 June 2024 26,978 3,427 23,009
Net book value
At 30 June 2024 266,247 32,261 9,286
At 30 June 2023 268,593 32,546 9,676

Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 July 2023 95,600 13,358 469,080
Additions 1,213 1,139 3,438
At 30 June 2024 96,813 14,497 472,518
Depreciation
At 1 July 2023 84,203 12,903 146,413
Charge for year 2,441 728 7,276
At 30 June 2024 86,644 13,631 153,689
Net book value
At 30 June 2024 10,169 866 318,829
At 30 June 2023 11,397 455 322,667

The long leasehold property is secured by way of a legal charge and separate debenture incorporating a fixed and floating charge over the assets and undertakings of the company in favour of the lender.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,435 3,641
Other debtors 99,945 104,192
Tax recoverable 32,440 33,867
Prepayments and accrued income 1,296 6,292
141,116 147,992

PEARTREE BRIDGE LODGE LIMITED (REGISTERED NUMBER: 07648883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,580 19,410
Trade creditors 2,854 14,575
Taxation and social security 43,510 101,649
Other creditors 53,700 42,202
125,644 177,836

Bank loans includes a Coronavirus Business Interruption Loan Scheme loan which is 80% guaranteed by the government as part of the COVID-19 support packages. No interest was chargeable on this loan in year one, being 2.81% per annum thereafter.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 166,835 182,969

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 64,516 105,329

Bank loans includes a Coronavirus Business Interruption Loan Scheme loan which is 80% guaranteed by the
government as part of the COVID-19 support packages. No interest was chargeable on this loan in year one, being 2.81% per annum thereafter.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,508 3,441

Deferred
tax
£   
Balance at 1 July 2023 3,441
Capital allowances in excess
of depreciation 1,067
Balance at 30 June 2024 4,508

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100
100 A shares £1 100 100
100 B shares £1 100 100
300 300

Only Ordinary shares of £1 hold voting rights.

PEARTREE BRIDGE LODGE LIMITED (REGISTERED NUMBER: 07648883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Within other debtors is an amount of £99,945 (2023: £104,192) due from T F Smith, director. During the year advances of £22,789 and repayments of £29,475 were made in respect of this loan. Interest of £2,438 (2023: £2,542) has been charged on this balance during the year at 2.5% and there are no set repayment terms.