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Company Registration No. 13929250 (England and Wales)
Peter Peel Limited Unaudited accounts for the year ended 28 February 2025
Peter Peel Limited Unaudited accounts Contents
Page
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Peter Peel Limited Company Information for the year ended 28 February 2025
Director
Peter Peel
Company Number
13929250 (England and Wales)
Registered Office
Oundle Carpet Weavers Unit 5 Eastwood Road, Oundle Peterborough Cambridgeshire PE8 4DF England
Accountants
Richard A. Walker 24 Icknield Drive West Hunsbury Northampton Northamptonshire NN4 9YS
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Peter Peel Limited Accountants' report
Accountants' report to the director of Peter Peel Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 28 February 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 28 February 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Richard A. Walker 24 Icknield Drive West Hunsbury Northampton Northamptonshire NN4 9YS 11 June 2025
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Peter Peel Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
440,000 
440,000 
Current assets
Cash at bank and in hand
1,212 
33,871 
Creditors: amounts falling due within one year
(164,976)
(196,378)
Net current liabilities
(163,764)
(162,507)
Total assets less current liabilities
276,236 
277,493 
Creditors: amounts falling due after more than one year
(245,506)
(268,749)
Net assets
30,730 
8,744 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
30,630 
8,644 
Shareholders' funds
30,730 
8,744 
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 June 2025 and were signed on its behalf by
Peter Peel Director Company Registration No. 13929250
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Peter Peel Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Peter Peel Limited is a private company, limited by shares, registered in England and Wales, registration number 13929250. The registered office is Oundle Carpet Weavers, Unit 5, Eastwood Road, Oundle, Peterborough, Cambridgeshire, PE8 4DF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2024
440,000 
At 28 February 2025
440,000 
Depreciation
At 28 February 2025
- 
Net book value
At 28 February 2025
440,000 
At 29 February 2024
440,000 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
5,376 
2,028 
Other creditors
39,650 
74,400 
Loans from directors
119,150 
119,150 
Accruals
800 
800 
164,976 
196,378 
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Peter Peel Limited Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
245,506 
268,749 
The debenture is secured against the Freehold properties being Units 4-7 Eastwood Road, Oundle.
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
A loan of £74,400 is owed to an affiliated company; Oundle Carpets and Flooring Limited. This is another company for which Peter David Peel is a sole director.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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