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Company No: 10836542 (England and Wales)

PENINSULA SAND HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

PENINSULA SAND HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

PENINSULA SAND HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
PENINSULA SAND HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 77,160 101
77,160 101
Current assets
Debtors 4 1,304,421 737,884
Investments 5 0 360,000
Cash at bank and in hand 221,824 384,242
1,526,245 1,482,126
Creditors: amounts falling due within one year 6 ( 148,218) ( 210,723)
Net current assets 1,378,027 1,271,403
Total assets less current liabilities 1,455,187 1,271,504
Net assets 1,455,187 1,271,504
Capital and reserves
Called-up share capital 7 200 200
Profit and loss account 1,454,987 1,271,304
Total shareholders' funds 1,455,187 1,271,504

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Peninsula Sand Holdings Limited (registered number: 10836542) were approved and authorised for issue by the Director on 10 July 2025. They were signed on its behalf by:

J P Brain
Director
PENINSULA SAND HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
PENINSULA SAND HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Peninsula Sand Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Westbury Park Engineering Limited, Brook Lane, Westbury, BA13 4ES, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Fixed asset investments include cryptocurrencies, which have been classified as such due to the intention of the company for the use of asset, and a market price being readily available.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Fixed asset investments

2025 2024
£ £
Subsidiary undertakings 101 101
Other investments and loans 77,059 0
77,160 101

Investments in subsidiaries

2025
£
Cost
At 01 April 2024 101
At 31 March 2025 101
Carrying value at 31 March 2025 101
Carrying value at 31 March 2024 101

Listed investments Total
£ £
Cost or valuation before impairment
At 01 April 2024 0 0
Additions 100,500 100,500
Movement in fair value ( 23,441) ( 23,441)
At 31 March 2025 77,059 77,059
Carrying value at 31 March 2025 77,059 77,059
Carrying value at 31 March 2024 0 0

4. Debtors

2025 2024
£ £
Amounts owed by own subsidiaries 1,304,392 707,495
Amounts owed by director 0 30,245
Other debtors 29 144
1,304,421 737,884

5. Current asset investments

2025 2024
£ £
Other investments – at cost less impairment 0 360,000

6. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 0 13
Amounts owed to own subsidiaries 84,999 209,199
Amounts owed to director 56,237 0
Accruals 4,838 0
Taxation and social security 2,144 1,511
148,218 210,723

7. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
20,000 Ordinary shares of £ 0.01 each 200.00 200.00
1 Ordinary B share of £ 0.01 0.01 0.01
200.01 200.01

8. Related party transactions

Transactions with the entity's director

2025 2024
£ £
Amounts due to/(from) directors 56,237 (30,245)
Dividends paid to directors during the year 124,600 0

Interest has been accrued at 10% per annum on any amounts due to the director from the company. Interest is charged at 2.25% per annum on any amounts due to the company from the director. The loans are repayable on demand.