Registered number
11752501
Peachy Den Ltd
Unaudited Filleted Accounts
31 December 2024
Peachy Den Ltd
Registered number: 11752501
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 17,231 18,317
Current assets
Stocks 392,780 414,942
Debtors 4 232,361 117,618
Cash at bank and in hand 566,060 410,050
1,191,201 942,610
Creditors: amounts falling due within one year 5 (762,235) (615,767)
Net current assets 428,966 326,843
Net assets 446,197 345,160
Capital and reserves
Called up share capital 1 1
Share premium 560,000 560,000
Profit and loss account (113,804) (214,841)
Shareholder's funds 446,197 345,160
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
I Weatherby
Director
Approved by the board on 22 May 2025
Peachy Den Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Business review and future developments
The past few years have continued to be challenging for the clothing industry, with numerous high street retailers facing ongoing difficulties. Despite this backdrop, 2024 has marked a turning point for Peachy Den.

Building on the foundational work undertaken in 2023, we have continued to strengthen our operations and develop the business strategically. The investments made in our team and infrastructure last year have begun to yield tangible results, positioning us for sustainable growth.

For the year ended 31 December 2024, we are pleased to report a return to profitability, with a net profit of £101,037 compared to a loss in 2023. This marks a significant improvement and demonstrates the resilience of our business model and the positive impact of the changes implemented.

We remain focused on continuing this upward trajectory and are optimistic about the opportunities ahead.
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold improvements over the lease term
Office and computer equipment over 3 years
Fixture and fittings over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 14 6
3 Tangible fixed assets
Leasehold property Plant and machinery etc Fixtures and fittings Total
£ £ £ £
Cost
At 1 January 2024 5,286 37,671 - 42,957
Additions 9,000 2,176 4,358 15,534
At 31 December 2024 14,286 39,847 4,358 58,491
Depreciation
At 1 January 2024 5,286 19,354 - 24,640
Charge for the year 3,861 11,861 898 16,620
At 31 December 2024 9,147 31,215 898 41,260
Net book value
At 31 December 2024 5,139 8,632 3,460 17,231
At 31 December 2023 - 18,317 - 18,317
4 Debtors 2024 2023
£ £
Trade debtors 121,699 19,539
Other debtors 110,662 98,079
232,361 117,618
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 21,916
Trade creditors 355,702 247,649
Taxation and social security costs 152,692 101,297
Other creditors 253,841 244,905
762,235 615,767
6 Other financial commitments 2024 2023
£ £
Total future minimum payments under non-cancellable operating leases 42,945 85,890
7 Other information
Peachy Den Ltd is a private company limited by shares and incorporated in England. Its registered office is:
9 Shepherds Lane
Homerton
London
E9 6JJ
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