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REGISTERED NUMBER: 01000461 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PEAK DYNAMICS LIMITED

PEAK DYNAMICS LIMITED (REGISTERED NUMBER: 01000461)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PEAK DYNAMICS LIMITED

COMPANY INFORMATION
for the year ended 31 December 2024







DIRECTORS: C A Jackson
Ms J Malsem



REGISTERED OFFICE: Waterloo Industrial Estate
Waterloo Road
Bidford on Avon
Warwickshire
B50 4JH



REGISTERED NUMBER: 01000461 (England and Wales)



BANKERS: Barclays Bank PLC
PO Box 299
Birmingham
B1 3PF

PEAK DYNAMICS LIMITED (REGISTERED NUMBER: 01000461)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 146,852 165,783

CURRENT ASSETS
Stocks 5 1,055,568 1,138,855
Debtors 6 384,406 456,691
Cash at bank 530,895 404,927
1,970,869 2,000,473
CREDITORS
Amounts falling due within one year 7 656,502 505,648
NET CURRENT ASSETS 1,314,367 1,494,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,461,219

1,660,608

CAPITAL AND RESERVES
Called up share capital 27,863 27,863
Share premium 66,482 66,482
Capital redemption reserve 11 11
Retained earnings 1,366,863 1,566,252
SHAREHOLDERS' FUNDS 1,461,219 1,660,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 8 May 2025 and were signed on its behalf by:



Ms J Malsem - Director


PEAK DYNAMICS LIMITED (REGISTERED NUMBER: 01000461)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Peak Dynamics 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover
Turnover comprises the value of sales (excluding value added tax and trade discounts) of goods and services provided in the normal course of business.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 16 (2023 - 20 ) .

PEAK DYNAMICS LIMITED (REGISTERED NUMBER: 01000461)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 592,321 169,077 761,398
Additions 27,959 - 27,959
Disposals (127,000 ) - (127,000 )
At 31 December 2024 493,280 169,077 662,357
DEPRECIATION
At 1 January 2024 452,211 143,404 595,615
Charge for year 22,517 6,418 28,935
Eliminated on disposal (109,045 ) - (109,045 )
At 31 December 2024 365,683 149,822 515,505
NET BOOK VALUE
At 31 December 2024 127,597 19,255 146,852
At 31 December 2023 140,110 25,673 165,783

5. STOCKS
2024 2023
£    £   
Stocks 1,055,568 1,138,855

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 326,546 394,626
Other debtors 57,860 62,065
384,406 456,691

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 120,531 147,934
Amounts owed to group undertakings 442,481 203,481
Taxation and social security 12,101 14,277
Other creditors 81,389 139,956
656,502 505,648

8. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.