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Registered number: 02548852
Peach Publishing Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 02548852
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 700,000 955,000
700,000 955,000
CURRENT ASSETS
Debtors 5 10 10
Cash at bank and in hand 39 39
49 49
Creditors: Amounts Falling Due Within One Year 6 (66,412 ) (137,497 )
NET CURRENT ASSETS (LIABILITIES) (66,363 ) (137,448 )
TOTAL ASSETS LESS CURRENT LIABILITIES 633,637 817,552
NET ASSETS 633,637 817,552
CAPITAL AND RESERVES
Called up share capital 7 30,000 30,000
Share premium account 320,000 320,000
Profit and Loss Account 283,637 467,552
SHAREHOLDERS' FUNDS 633,637 817,552
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Sonia Land
Director
23 July 2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Peach Publishing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02548852 . The registered office is Leonard House, 5-7 Newman Road, Bromley, BR1 1RJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. 
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.4. Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Investments
Subsidiaries
£
Cost
As at 1 January 2024 955,000
As at 31 December 2024 955,000
Provision
As at 1 January 2024 -
Impairment losses 255,000
As at 31 December 2024 255,000
Net Book Value
As at 31 December 2024 700,000
As at 1 January 2024 955,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 10 10
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 65,562 136,647
Other creditors 850 850
66,412 137,497
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 30,000 30,000
8. Related Party Transactions
At the year end, included in creditors is a balance of £125,562 due to its subsidiary, Sheil Land Associates Limited (2023: £136,647).
During the year, Peach Publishing Limited charged its subsidiary, Sheil Land Associates Limited, management fees to the sum of £35,000 (2023: £35,000).
9. Exceptional Items
The exceptional item represents an impairment of the company's investment.
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10. Ultimate Controlling Party
The company's ultimate controlling party is S Land.
11. Audit Information
The auditor's report on the accounts of Peach Publishing Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Raymond McDonagh (FCA) (Senior Statutory Auditor) for and on behalf of Crane & Partners , Statutory Auditor.
Crane & Partners
Leonard House
5-7 Newman Road
Bromley
Kent
BR1 1RJ
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