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REGISTERED NUMBER: 12000144 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 May 2024

for

PENINSULA LIFE SERVICES NETWORK LTD

PENINSULA LIFE SERVICES NETWORK LTD (REGISTERED NUMBER: 12000144)






Contents of the Financial Statements
for the Year Ended 29 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PENINSULA LIFE SERVICES NETWORK LTD

Company Information
for the Year Ended 29 May 2024







DIRECTOR: Mr D J Cooper





REGISTERED OFFICE: Unit 5
The Courtyard
Old Court House road
Bromborough
Wirral
CH62 4UE





REGISTERED NUMBER: 12000144 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

PENINSULA LIFE SERVICES NETWORK LTD (REGISTERED NUMBER: 12000144)

Balance Sheet
29 May 2024

29.5.24 29.5.23
Notes £    £   
CURRENT ASSETS
Debtors 4 75,263 68,316
Cash at bank 6,385 2,345
81,648 70,661
CREDITORS
Amounts falling due within one year 5 59,700 33,209
NET CURRENT ASSETS 21,948 37,452
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,948

37,452

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 21,947 37,451
SHAREHOLDERS' FUNDS 21,948 37,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 May 2025 and were signed by:





Mr D J Cooper - Director


PENINSULA LIFE SERVICES NETWORK LTD (REGISTERED NUMBER: 12000144)

Notes to the Financial Statements
for the Year Ended 29 May 2024

1. STATUTORY INFORMATION

Peninsula Life Services Network Ltd 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.

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.5.24 29.5.23
£    £   
Other debtors 75,263 68,316

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.5.24 29.5.23
£    £   
Taxation and social security 54,700 29,209
Other creditors 5,000 4,000
59,700 33,209

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.5.24 29.5.23
value: £    £   
1 Ordinary £1 1 1

PENINSULA LIFE SERVICES NETWORK LTD (REGISTERED NUMBER: 12000144)

Notes to the Financial Statements - continued
for the Year Ended 29 May 2024

7. RESERVES
Retained
earnings
£   

At 30 May 2023 37,451
Profit for the year 69,496
Dividends (85,000 )
At 29 May 2024 21,947

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other debtors is an amount of £75,264 (2023 - £68,316) owing from Mr DJ Cooper, owner and director of the company, in respect of his directors loan account.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £85,000 were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D J Cooper.