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REGISTERED NUMBER: 03612944 (England and Wales)













Financial Statements

for the Year Ended 31 December 2024

for

Dalepeak Limited

Dalepeak Limited (Registered number: 03612944)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Dalepeak Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: A O'Reilly
Mrs R L Brown
A T Williamson
P M Williamson





REGISTERED OFFICE: First Floor Offices
The Unit
Berry Way
Chorley
Lancashire
PR7 6RA





REGISTERED NUMBER: 03612944 (England and Wales)





AUDITORS: Mayes Business Partnership Ltd
22-28 Willow Street
Accrington
Lancashire
BB5 1LP

Dalepeak Limited (Registered number: 03612944)

Abridged Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 25,456 42,849

CURRENT ASSETS
Debtors 417,940 401,197
Cash at bank 74,635 28,363
492,575 429,560
CREDITORS
Amounts falling due within one year 153,948 128,925
NET CURRENT ASSETS 338,627 300,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,083

343,484

CAPITAL AND RESERVES
Called up share capital 5 225,000 225,000
Retained earnings 139,083 118,484
SHAREHOLDERS' FUNDS 364,083 343,484

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 April 2025 and were signed on its behalf by:




P M Williamson - Director



A T Williamson - Director


Dalepeak Limited (Registered number: 03612944)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Dalepeak 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.

2. ACCOUNTING POLICIES

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

After making the appropriate enquiries, the directors have concluded that the group will be able to meet its financial obligations and will continue to generate positive free cash flows for the foreseeable future and therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and, accordingly, consider it appropriate to adopt the going concern basis in preparing the accounts.

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

Turnover is derived from the provision of care home placements and is recognised on an accrued basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 33% on cost and 25% on cost

Financial instruments
Basic financial assets, including trade and other receivables, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

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.


Dalepeak Limited (Registered number: 03612944)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 111,428
Additions 327
At 31 December 2024 111,755
DEPRECIATION
At 1 January 2024 68,579
Charge for year 17,720
At 31 December 2024 86,299
NET BOOK VALUE
At 31 December 2024 25,456
At 31 December 2023 42,849

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/24 31/12/23
value: £    £   
225,000 Ordinary £1 225,000 225,000

Dalepeak Limited (Registered number: 03612944)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Craig Fishwick FCCA (Senior Statutory Auditor)
for and on behalf of Mayes Business Partnership Ltd

7. CONTINGENT LIABILITIES

The company has entered into a Composite Accounting Agreement dated 17 July 2007 (The "Agreement"). Each participating related party (Dalepeak Limited, Family Care Fostering Limited, Family Care Associates Limited, Family Care Associates (Holdings) Limited and Young Alliance Limited) has provided a guarantee to Barclays Bank PLC. Under the terms of the Agreement and the cross guarantees, Barclays Bank PLC is authorised to allow set-off for interest purposes and in certain circumstances to seize credit balances and apply them in reduction of liabilities including debit balances within the Composite Accounting System. The maximum potential liability arising under this guarantee at the year end was £Nil (2023: £Nil).

8. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.