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REGISTERED NUMBER: 04076023 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JANUARY 2024 TO 30TH APRIL 2025

FOR

PETER TURPIN ASSOCIATES LIMITED

PETER TURPIN ASSOCIATES LIMITED (REGISTERED NUMBER: 04076023)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2024 TO 30TH APRIL 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PETER TURPIN ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST JANUARY 2024 TO 30TH APRIL 2025







DIRECTORS: S R Buckle
M P Turpin





SECRETARY: Mrs D F Turpin





REGISTERED OFFICE: 1 Clifton Moor Business Village
James Nicholson Link
Clifton Moor
York
North Yorkshire
YO30 4XG





REGISTERED NUMBER: 04076023 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

PETER TURPIN ASSOCIATES LIMITED (REGISTERED NUMBER: 04076023)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2025

2025 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 15,822
- 15,822

CURRENT ASSETS
Stocks - 1,935
Debtors 6 1,724 23,737
Cash at bank 297,845 379,875
299,569 405,547
CREDITORS
Amounts falling due within one year 7 88,408 19,566
NET CURRENT ASSETS 211,161 385,981
TOTAL ASSETS LESS CURRENT LIABILITIES 211,161 401,803

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Retained earnings 181,161 371,803
SHAREHOLDERS' FUNDS 211,161 401,803

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th April 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.

PETER TURPIN ASSOCIATES LIMITED (REGISTERED NUMBER: 04076023)

STATEMENT OF FINANCIAL POSITION - continued
30TH APRIL 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 9th July 2025 and were signed on its behalf by:




M P Turpin - Director



S R Buckle - Director


PETER TURPIN ASSOCIATES LIMITED (REGISTERED NUMBER: 04076023)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JANUARY 2024 TO 30TH APRIL 2025

1. STATUTORY INFORMATION

Peter Turpin Associates 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 and represents amounts receivable for goods supplied and services rendered stated net of discounts and excluding value added tax.

Revenue is recognised once the service has been completed and where it is virtually certain that payment will be received.

Goodwill
Goodwill has been amortised evenly over its estimated useful life of five years from the date of transition to Financial Reporting Standard 102 1a and is now fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - at variable rates on reducing balance
Fixtures and fittings - 20% on reducing balance

Long-term plant and machinery is being revalued at regular intervals to ensure that the carrying amount is not materially different to the fair value.

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 period 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 statement of financial position date.

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 period was 2 (2023 - 2 ) .

PETER TURPIN ASSOCIATES LIMITED (REGISTERED NUMBER: 04076023)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2024 TO 30TH APRIL 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024 21,000
Disposals (21,000 )
At 30th April 2025 -
AMORTISATION
At 1st January 2024 21,000
Eliminated on disposal (21,000 )
At 30th April 2025 -
NET BOOK VALUE
At 30th April 2025 -
At 31st December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st January 2024 19,970 26,000 45,970
Disposals (19,970 ) (26,000 ) (45,970 )
At 30th April 2025 - - -
DEPRECIATION
At 1st January 2024 8,198 21,950 30,148
Charge for period 906 1,900 2,806
Eliminated on disposal (9,104 ) (23,850 ) (32,954 )
At 30th April 2025 - - -
NET BOOK VALUE
At 30th April 2025 - - -
At 31st December 2023 11,772 4,050 15,822

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade debtors 425 17,823
Other debtors 1,299 5,914
1,724 23,737

PETER TURPIN ASSOCIATES LIMITED (REGISTERED NUMBER: 04076023)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JANUARY 2024 TO 30TH APRIL 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade creditors 134 12,050
Taxation and social security 4,206 5,309
Other creditors 84,068 2,207
88,408 19,566

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £70,042 (2023 - £546) to key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.