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Company Registration No. 15043768 (England and Wales)
PEACOCK PRESTIGE LIMITED Unaudited accounts for the period from 2 August 2023 to 31 August 2024
PEACOCK PRESTIGE LIMITED Unaudited accounts Contents
Page
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PEACOCK PRESTIGE LIMITED Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
124,451 
Current assets
Inventories
50,000 
Debtors
59,776 
Cash at bank and in hand
8,273 
118,049 
Creditors: amounts falling due within one year
(257,159)
Net current liabilities
(139,110)
Net liabilities
(14,659)
Capital and reserves
Called up share capital
(100)
Profit and loss account
(14,559)
Shareholders' funds
(14,659)
For the period ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by
Pardeep Koasha Director Company Registration No. 15043768
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PEACOCK PRESTIGE LIMITED Notes to the Accounts for the period from 2 August 2023 to 31 August 2024
1
Statutory information
PEACOCK PRESTIGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15043768. The registered office is PEACOCKS PRESTIGE JUDDS LANE, LONGFORD, COVENTRY, WEST MIDLANDS, CV6 6AQ, UNITED KINGDOM.
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
These financial statements for the period from 2 August 2023 to 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 2 August 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
10 Years Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 2 August 2023
- 
Additions
137,723 
At 31 August 2024
137,723 
Depreciation
Charge for the period
13,272 
At 31 August 2024
13,272 
Net book value
At 31 August 2024
124,451 
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PEACOCK PRESTIGE LIMITED Notes to the Accounts for the period from 2 August 2023 to 31 August 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
904 
Trade debtors
37,145 
Accrued income and prepayments
3,127 
41,176 
Amounts falling due after more than one year
Other debtors
18,600 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
1,425 
Trade creditors
6,918 
Taxes and social security
24,306 
Other creditors
29,870 
Loans from directors
194,640 
257,159 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Andrew P Marshall
Loans from Director
- 
(20,640)
- 
(20,640)
Pardeep Koasha
Loans from Director
- 
(93,873)
- 
(93,873)
- 
(114,513)
- 
(114,513)
8
Average number of employees
During the period the average number of employees was 8.
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