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REGISTERED NUMBER: 05701159 (England and Wales)















PEEL (HUDDERSFIELD) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025






PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEEL (HUDDERSFIELD) LIMITED

COMPANY INFORMATION
for the year ended 31 March 2025







DIRECTORS: S Peel
N C M Peel
L C Smith



REGISTERED OFFICE: Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS



REGISTERED NUMBER: 05701159 (England and Wales)



ACCOUNTANTS: SMH Sheards
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS



BANKERS: Santander UK PLC
Bridle Road
Bootle
Merseyside
L30 4GB

PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investments 4 475,437 467,625

CURRENT ASSETS
Debtors 5 1,396 1,491
Cash at bank 69,431 70,821
70,827 72,312
CREDITORS
Amounts falling due within one year 6 (10,136 ) (7,148 )
NET CURRENT ASSETS 60,691 65,164
TOTAL ASSETS LESS CURRENT
LIABILITIES

536,128

532,789

PROVISIONS FOR LIABILITIES 7 (23,733 ) (23,733 )
NET ASSETS 512,395 509,056

CAPITAL AND RESERVES
Called up share capital 8 102 102
Non-distributable reserve 9 67,267 67,267
Retained earnings 445,026 441,687
SHAREHOLDERS' FUNDS 512,395 509,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

BALANCE SHEET - continued
31 March 2025


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 24 June 2025 and were signed on its behalf by:





S Peel - Director


PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025


1. STATUTORY INFORMATION

Peel (Huddersfield) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Peel (Huddersfield) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is derived from rental income, which is recognised on an accruals basis.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event accruing after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.


PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


2. ACCOUNTING POLICIES - continued
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.

Investment in bonds
Investments in bonds are recognised at fair value, with the gain or loss each year passing through the Income Statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. FIXED ASSET INVESTMENTS

2025 2024
£    £   
Other investments not loans 475,437 467,625

Additional information is as follows:
Investment
properties
£   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 291,000
NET BOOK VALUE
At 31 March 2025 291,000
At 31 March 2024 291,000

Cost or valuation at 31 March 2025 is represented by:

Investment
properties
£   
Valuation in 2025 291,000

PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


4. FIXED ASSET INVESTMENTS - continued

If investment property had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 200,000 200,000

Investment property was valued on an open market basis on 31 March 2025 by the director .

Investments (neither listed nor unlisted) were as follows:
2025 2024
£    £   
Investment plan 184,437 176,625

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1,396 1,491

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 4,996 2,038
Other creditors 5,140 5,110
10,136 7,148

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 23,733 23,733

Deferred
tax
£   
Balance at 1 April 2024 23,733
Balance at 31 March 2025 23,733

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
102 Ordinary £1 102 102

PEEL (HUDDERSFIELD) LIMITED (REGISTERED NUMBER: 05701159)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


9. RESERVES
Non-distributable
reserve
£   
At 1 April 2024
and 31 March 2025 67,267

10. RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £6 (2024 £270) were outstanding at the year end,the amounts are repayable on demand.