Silverfin false false 31/12/2024 01/11/2023 31/12/2024 Dr K Deeming 20/10/2023 01 May 2025 The principal activity of the company is the ownership of freehold property. 15224190 2024-12-31 15224190 bus:Director1 2024-12-31 15224190 core:CurrentFinancialInstruments 2024-12-31 15224190 core:ShareCapital 2024-12-31 15224190 core:LandBuildings 2023-10-31 15224190 2023-10-31 15224190 core:LandBuildings 2024-12-31 15224190 bus:OrdinaryShareClass1 2024-12-31 15224190 2023-11-01 2024-12-31 15224190 bus:FilletedAccounts 2023-11-01 2024-12-31 15224190 bus:SmallEntities 2023-11-01 2024-12-31 15224190 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-12-31 15224190 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-12-31 15224190 bus:Director1 2023-11-01 2024-12-31 15224190 core:LandBuildings 2023-11-01 2024-12-31 15224190 bus:OrdinaryShareClass1 2023-11-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15224190 (England and Wales)

PEAK HOUSE ESTATE LIMITED

Unaudited Financial Statements
For the financial period from 01 November 2023 to 31 December 2024
Pages for filing with the registrar

PEAK HOUSE ESTATE LIMITED

Unaudited Financial Statements

For the financial period from 01 November 2023 to 31 December 2024

Contents

PEAK HOUSE ESTATE LIMITED

BALANCE SHEET

As at 31 December 2024
PEAK HOUSE ESTATE LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Tangible assets 3 156,705
156,705
Creditors: amounts falling due within one year 4 ( 156,704)
Net current liabilities (156,704)
Total assets less current liabilities 1
Net assets 1
Capital and reserves
Called-up share capital 5 1
Total shareholder's funds 1

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Peak House Estate Limited (registered number: 15224190) were approved and authorised for issue by the Director on 01 May 2025. They were signed on its behalf by:

Dr K Deeming
Director
PEAK HOUSE ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 November 2023 to 31 December 2024
PEAK HOUSE ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 November 2023 to 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Peak House Estate Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Period from
01.11.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 0

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 November 2023 0 0
Additions 156,705 156,705
At 31 December 2024 156,705 156,705
Accumulated depreciation
At 01 November 2023 0 0
At 31 December 2024 0 0
Net book value
At 31 December 2024 156,705 156,705

Land and buildings represents freehold land.

4. Creditors: amounts falling due within one year

31.12.2024
£
Other creditors 156,704

5. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

6. Related party transactions

Transactions with the entity's director

31.12.2024
£
Loan from director 156,704

During the year £156,704 was advanced by the director. This amount is repayable on demand and interest free.