Company Registration No. 09671726 (England and Wales)
Peace Together Ltd
Unaudited accounts
for the year ended 31 July 2024
Peace Together Ltd
Unaudited accounts
Contents
Peace Together Ltd
Company Information
for the year ended 31 July 2024
Company Number
09671726 (England and Wales)
Registered Office
Moleshill House
Hoath Road
CANTERBURY
Kent
CT3 4JN
GBR
Accountants
Step Stone Accountancy Limited
240 Reculver Road
Herne Bay
Kent
CT6 6QR
Peace Together Ltd
Statement of financial position
as at 31 July 2024
Intangible assets
1,100
2,200
Tangible assets
1,258
1,677
Cash at bank and in hand
15,200
14,039
Creditors: amounts falling due within one year
(14,533)
(9,266)
Net current assets
64,853
24,432
Total assets less current liabilities
67,211
28,309
Creditors: amounts falling due after more than one year
(53,871)
(27,670)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
13,020
319
Shareholders' funds
13,022
321
For the year ending 31 July 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 her 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 20 January 2025 and were signed on its behalf by
Claire Sweet
Director
Company Registration No. 09671726
Peace Together Ltd
Notes to the Accounts
for the year ended 31 July 2024
Peace Together Ltd is a private company, limited by shares, registered in England and Wales, registration number 09671726. The registered office is Moleshill House, Hoath Road, CANTERBURY, Kent, CT3 4JN, GBR.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
25% pa reducing balance
Fixtures & fittings
25% pa reducing balance
Computer equipment
25% pa reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Peace Together Ltd
Notes to the Accounts
for the year ended 31 July 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
350
1,718
4,027
6,095
At 31 July 2024
350
1,718
4,027
6,095
At 1 August 2023
288
1,304
2,826
4,418
Charge for the year
15
104
300
419
At 31 July 2024
303
1,408
3,126
4,837
At 31 July 2024
47
310
901
1,258
At 31 July 2023
62
414
1,201
1,677
Amounts falling due within one year
Other debtors
64,186
19,659
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
14,447
9,183
Peace Together Ltd
Notes to the Accounts
for the year ended 31 July 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 4 (2023: 5).