IRIS Accounts Production v25.1.3.33 03375314 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033753142023-06-30033753142024-06-30033753142023-07-012024-06-30033753142022-06-30033753142022-07-012023-06-30033753142023-06-3003375314ns15:EnglandWales2023-07-012024-06-3003375314ns14:PoundSterling2023-07-012024-06-3003375314ns10:Director12023-07-012024-06-3003375314ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003375314ns10:SmallEntities2023-07-012024-06-3003375314ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003375314ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003375314ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003375314ns10:FullAccounts2023-07-012024-06-3003375314ns10:Director22023-07-012024-06-3003375314ns10:CompanySecretary12023-07-012024-06-3003375314ns10:RegisteredOffice2023-07-012024-06-3003375314ns5:CurrentFinancialInstruments2024-06-3003375314ns5:CurrentFinancialInstruments2023-06-3003375314ns5:Non-currentFinancialInstruments2024-06-3003375314ns5:Non-currentFinancialInstruments2023-06-3003375314ns5:ShareCapital2024-06-3003375314ns5:ShareCapital2023-06-3003375314ns5:RevaluationReserve2024-06-3003375314ns5:RevaluationReserve2023-06-3003375314ns5:RetainedEarningsAccumulatedLosses2024-06-3003375314ns5:RetainedEarningsAccumulatedLosses2023-06-3003375314ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-07-012024-06-3003375314ns5:PlantMachinery2023-07-012024-06-3003375314ns5:FurnitureFittings2023-07-012024-06-3003375314ns5:MotorVehicles2023-07-012024-06-3003375314ns5:LandBuildings2023-06-3003375314ns5:PlantMachinery2023-06-3003375314ns5:FurnitureFittings2023-06-3003375314ns5:MotorVehicles2023-06-3003375314ns5:LandBuildings2023-07-012024-06-3003375314ns5:LandBuildings2024-06-3003375314ns5:PlantMachinery2024-06-3003375314ns5:FurnitureFittings2024-06-3003375314ns5:MotorVehicles2024-06-3003375314ns5:LandBuildings2023-06-3003375314ns5:PlantMachinery2023-06-3003375314ns5:FurnitureFittings2023-06-3003375314ns5:MotorVehicles2023-06-3003375314ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003375314ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3003375314ns5:RevaluationReserve2023-06-30
REGISTERED NUMBER: 03375314 (England and Wales)






Financial Statements

for the Year Ended 30 June 2024

for

James Peddle Limited

James Peddle Limited (Registered number: 03375314)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


James Peddle Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: S Scott
M E Stabler





SECRETARY: S Scott





REGISTERED OFFICE: 10 Moneyhill Parade
Uxbridge Road
Rickmansworth
Hertfordshire
WD3 7BE





REGISTERED NUMBER: 03375314 (England and Wales)





ACCOUNTANTS: J W Ridgeway & Co
Chartered Accountants
146 Tudor Way
Rickmansworth
Hertfordshire
WD3 7HL

James Peddle Limited (Registered number: 03375314)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 306,677 334,294

CURRENT ASSETS
Stocks 13,811 11,262
Debtors 5 84,905 91,691
Cash at bank and in hand 449,244 506,081
547,960 609,034
CREDITORS
Amounts falling due within one year 6 58,133 95,684
NET CURRENT ASSETS 489,827 513,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

796,504

847,644

CREDITORS
Amounts falling due after more than one
year

7

(87,011

)

(107,949

)

PROVISIONS FOR LIABILITIES (12,966 ) (17,289 )
NET ASSETS 696,527 722,406

CAPITAL AND RESERVES
Called up share capital 140 140
Revaluation reserve 8 145,220 145,220
Retained earnings 551,167 577,046
SHAREHOLDERS' FUNDS 696,527 722,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

James Peddle Limited (Registered number: 03375314)

Balance Sheet - continued
30 June 2024


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 19 June 2025 and were signed on its behalf by:





S Scott - Director


James Peddle Limited (Registered number: 03375314)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

James Peddle 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 25% 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

James Peddle Limited (Registered number: 03375314)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 361,112 5,888 36,134 251,603 654,737
DEPRECIATION
At 1 July 2023 117,815 2,342 36,021 164,265 320,443
Charge for year 4,866 731 110 21,910 27,617
At 30 June 2024 122,681 3,073 36,131 186,175 348,060
NET BOOK VALUE
At 30 June 2024 238,431 2,815 3 65,428 306,677
At 30 June 2023 243,297 3,546 113 87,338 334,294

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 78,462 82,232
Prepayments and accrued income 6,443 9,459
84,905 91,691

James Peddle Limited (Registered number: 03375314)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 31,432 29,180
Trade creditors 16,064 19,014
Tax - 11,807
Social security and other taxes 4,030 4,387
Donations - 334
Directors' current accounts - 24,865
Accrued expenses 6,607 6,097
58,133 95,684

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank Loans due in >1year 87,011 107,949

8. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 145,220