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Company Registration No. 06136072 (England and Wales)
Peers Refrigeration Limited Unaudited accounts for the year ended 31 March 2025
Peers Refrigeration Limited Unaudited accounts Contents
Page
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Peers Refrigeration Limited Company Information for the year ended 31 March 2025
Directors
Simon Peers John Peers Patricia Peers
Company Number
06136072 (England and Wales)
Registered Office
1 Orton Avenue Northern Moor Manchester Greater Manchester M23 0LF
Accountants
Premier Accounts & Consultancy Ltd 76 Gloucester Road Urmston Manchester M41 9AE
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Peers Refrigeration Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,790 
28,169 
Current assets
Inventories
27,515 
29,500 
Debtors
85,266 
20,182 
Cash at bank and in hand
(5,030)
62,930 
107,751 
112,612 
Creditors: amounts falling due within one year
(126,467)
(140,476)
Net current liabilities
(18,716)
(27,864)
Net assets
2,074 
305 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,974 
205 
Shareholders' funds
2,074 
305 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 1 July 2025 and were signed on its behalf by
Simon Peers Director Company Registration No. 06136072
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Peers Refrigeration Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Peers Refrigeration Limited is a private company, limited by shares, registered in England and Wales, registration number 06136072. The registered office is 1 Orton Avenue, Northern Moor, Manchester, Greater Manchester, M23 0LF.
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
9,880 
46,583 
2,843 
59,306 
At 31 March 2025
9,880 
46,583 
2,843 
59,306 
Depreciation
At 1 April 2024
9,433 
20,380 
1,324 
31,137 
Charge for the year
448 
6,551 
380 
7,379 
At 31 March 2025
9,881 
26,931 
1,704 
38,516 
Net book value
At 31 March 2025
(1)
19,652 
1,139 
20,790 
At 31 March 2024
447 
26,203 
1,519 
28,169 
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Peers Refrigeration Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
77,379 
21,237 
Other debtors
7,887 
(1,055)
85,266 
20,182 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
15,136 
18,771 
Obligations under finance leases and hire purchase contracts
22,679 
32,576 
Trade creditors
51,722 
38,978 
Taxes and social security
31,676 
45,470 
Other creditors
3,765 
2,012 
Loans from directors
1,489 
2,669 
126,467 
140,476 
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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