2023-09-01 01489125 2024-08-31 01489125 2023-09-01 2024-08-31 01489125 2023-08-31 01489125 2022-09-01 2023-08-31 01489125 uk-core:WithinOneYear 2023-08-31 01489125 uk-core:WithinOneYear 2024-08-31 01489125 uk-core:ShareCapital 2024-08-31 01489125 uk-core:ShareCapital 2023-08-31 01489125 uk-core:SharePremium 2024-08-31 01489125 uk-core:SharePremium 2023-08-31 01489125 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 01489125 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 01489125 uk-bus:Director1 2023-09-01 2024-08-31 01489125 uk-core:PlantMachinery 2023-09-01 2024-08-31 01489125 uk-core:ComputerEquipment 2023-09-01 2024-08-31 01489125 uk-core:ComputerEquipment 2023-08-31 01489125 uk-core:PlantMachinery 2023-08-31 01489125 uk-core:PlantMachinery 2024-08-31 01489125 uk-core:ComputerEquipment 2024-08-31 iso4217:GBP xbrli:pure 01489125 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 01489125 uk-bus:FRS102 2023-09-01 2024-08-31 01489125 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 01489125 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Peak Commercial Properties Limited
Registered Number:01489125
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Peak Commercial Properties Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
01489125
As at 31 August 2024
Peak Commercial Properties Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
6,342
10,093
2
3
3,014,403
3,014,403
Investment property
3,020,745
3,024,496
Current assets
Trade and other receivables
48,485
31,353
4
294,026
Cash and cash equivalents
418,785
450,138
342,511
Trade and other payables: amounts falling due within one
year
(33,908)
(86,674)
5
308,603
363,464
Net current assets
Total assets less current liabilities
3,384,209
3,333,099
(1,918)
(1,918)
Provisions for liabilities
3,382,291
Net assets
3,331,181
Capital and reserves
Called up share capital
200
200
Share premium account
2,674,900
2,674,900
Retained earnings
707,191
656,081
3,382,291
3,331,181
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
T J H Pearson Director
These financial statements were approved and authorised for issue by the Board on 20 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Peak Commercial Properties Limited
Notes to the Financial Statements
Statutory Information
Peak Commercial Properties Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 01489125.
Principal place of business:
Mill Farm
Mill Lane, Millthorpe
Dronfield
S18 7WL
Registered address:
Unit 5 Riverside Business Park
Buxton Road
Bakewell
DE45 1GS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
25% Straight line
Computer Equipment
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 August 2024
Peak Commercial Properties Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 September 2023
17,209
9,709
7,500
At 31 August 2024
7,500
9,709
17,209
Provision for depreciation and impairment
At 01 September 2023
7,116
5,616
1,500
Charge for year
3,751
2,251
1,500
At 31 August 2024
10,867
7,867
3,000
At 31 August 2024
Net book value
4,500
1,842
6,342
At 31 August 2023
6,000
4,093
10,093
3. Investment property
Total
£
Fair value
At 01 September 2023
3,014,403
At 31 August 2024
3,014,403
Net book value
At 31 August 2024
3,014,403
At 31 August 2023
3,014,403
4. Trade and other receivables
2023
2024
£
£
Trade debtors
13,762
11,956
Other debtors
17,591
36,529
48,485
31,353
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6
For the year ended 31 August 2024
Peak Commercial Properties Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
16,236
1,708
Taxation and social security
15,912
1,746
Other creditors
54,526
30,454
86,674
33,908
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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