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Company Registration No. 13856427 (England and Wales)
P2P DELIVERY LTD Unaudited accounts for the year ended 31 January 2025
P2P DELIVERY LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
95,808 
41,196 
Current assets
Inventories
21,718 
23,512 
Debtors
113,425 
87,947 
Cash at bank and in hand
100 
9,924 
135,243 
121,383 
Creditors: amounts falling due within one year
(126,479)
(100,088)
Net current assets
8,764 
21,295 
Total assets less current liabilities
104,572 
62,491 
Creditors: amounts falling due after more than one year
(43,699)
(53,316)
Net assets
60,873 
9,175 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
60,773 
9,075 
Shareholders' funds
60,873 
9,175 
For the year ending 31 January 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 her 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 21 July 2025 and were signed on its behalf by
Natalie Chambers Director Company Registration No. 13856427
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P2P DELIVERY LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
P2P DELIVERY LTD is a private company, limited by shares, registered in England and Wales, registration number 13856427. The registered office is Unit 2 Stanton Close, Wellingborough, Northamptonshire, NN8 4HN.
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.
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.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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P2P DELIVERY LTD Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
64,450 
3,813 
68,263 
Additions
78,995 
- 
78,995 
At 31 January 2025
143,445 
3,813 
147,258 
Depreciation
At 1 February 2024
25,831 
1,236 
27,067 
Charge for the year
23,738 
645 
24,383 
At 31 January 2025
49,569 
1,881 
51,450 
Net book value
At 31 January 2025
93,876 
1,932 
95,808 
At 31 January 2024
38,619 
2,577 
41,196 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
64,912 
- 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
63,006 
66,291 
Accrued income and prepayments
358 
615 
Other debtors
29,020 
- 
92,384 
66,906 
Amounts falling due after more than one year
Other debtors
21,041 
21,041 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,592 
958 
VAT
26,353 
34,131 
Obligations under finance leases and hire purchase contracts
22,426 
- 
Trade creditors
13,415 
20,303 
Taxes and social security
4,375 
4,084 
Other creditors
45,988 
19,662 
Loans from directors
9,380 
20,000 
Accruals
950 
950 
126,479 
100,088 
The HP liabilities are secured against the vehicles.
- 4 -
P2P DELIVERY LTD Notes to the Accounts for the year ended 31 January 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
43,699 
- 
Other creditors
- 
53,316 
43,699 
53,316 
The HP liabilities are secured against the vehicles.
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 4 (2024: 2).
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