IRIS Accounts Production v25.2.0.378 03136367 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh031363672023-12-31031363672024-12-31031363672024-01-012024-12-31031363672022-12-31031363672023-01-012023-12-31031363672023-12-3103136367ns15:EnglandWales2024-01-012024-12-3103136367ns14:PoundSterling2024-01-012024-12-3103136367ns10:Director12024-01-012024-12-3103136367ns10:Director22024-01-012024-12-3103136367ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3103136367ns10:SmallEntities2024-01-012024-12-3103136367ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3103136367ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3103136367ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3103136367ns10:FullAccounts2024-01-012024-12-3103136367ns10:OrdinaryShareClass12024-01-012024-12-3103136367ns10:Director32024-01-012024-12-3103136367ns10:CompanySecretary12024-01-012024-12-3103136367ns10:RegisteredOffice2024-01-012024-12-3103136367ns5:CurrentFinancialInstruments2024-12-3103136367ns5:CurrentFinancialInstruments2023-12-3103136367ns5:ShareCapital2024-12-3103136367ns5:ShareCapital2023-12-3103136367ns5:RetainedEarningsAccumulatedLosses2024-12-3103136367ns5:RetainedEarningsAccumulatedLosses2023-12-3103136367ns5:PlantMachinery2024-01-012024-12-3103136367ns5:FurnitureFittings2024-01-012024-12-3103136367ns5:MotorVehicles2024-01-012024-12-3103136367ns5:ComputerEquipment2024-01-012024-12-3103136367ns5:PlantMachinery2023-12-3103136367ns5:FurnitureFittings2023-12-3103136367ns5:MotorVehicles2023-12-3103136367ns5:ComputerEquipment2023-12-3103136367ns5:PlantMachinery2024-12-3103136367ns5:FurnitureFittings2024-12-3103136367ns5:MotorVehicles2024-12-3103136367ns5:ComputerEquipment2024-12-3103136367ns5:PlantMachinery2023-12-3103136367ns5:FurnitureFittings2023-12-3103136367ns5:MotorVehicles2023-12-3103136367ns5:ComputerEquipment2023-12-3103136367ns5:CostValuation2023-12-3103136367ns5:AdditionsToInvestments2024-12-3103136367ns5:CostValuation2024-12-3103136367ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3103136367ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3103136367ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 03136367 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2024

for

K. & E. Peck Limited

K. & E. Peck Limited (Registered number: 03136367)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K. & E. Peck Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: K G Peck
Mrs E Peck
T G Peck





SECRETARY: Mrs E Peck





REGISTERED OFFICE: 62 St Wilfrids Road
West Hallam
Ilkeston
Derbyshire
DE7 6HH





REGISTERED NUMBER: 03136367 (England and Wales)





ACCOUNTANTS: Mabe Allen LLP
Chartered Accountants
The Old Manse
29 St. Mary Street
Ilkeston
Derbyshire
DE7 8AB

K. & E. Peck Limited (Registered number: 03136367)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,946 53,791
Investments 5 191,562 168,258
249,508 222,049

CURRENT ASSETS
Stocks 1,060 -
Debtors 6 128,314 366,521
Cash at bank and in hand 521,961 353,202
651,335 719,723
CREDITORS
Amounts falling due within one year 7 92,196 182,917
NET CURRENT ASSETS 559,139 536,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

808,647

758,855

PROVISIONS FOR LIABILITIES 14,487 13,448
NET ASSETS 794,160 745,407

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 793,160 744,407
SHAREHOLDERS' FUNDS 794,160 745,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

K. & E. Peck Limited (Registered number: 03136367)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by:




Mrs E Peck - Director



K G Peck - Director


K. & E. Peck Limited (Registered number: 03136367)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

K. & E. Peck Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The company's place of business is 62 St Wilfrids Road West Hallam Ilkeston Derbyshire DE7 6HH.

The figures in the financial statements are rounded to the nearest £1.

The company is not a member of a group and these financial statements therefore cover only the individual company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers and is recognised on regular application for payment of the work undertaken to each completed stage of a contract (when the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably) or on completion of individual short term jobs.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

K. & E. Peck Limited (Registered number: 03136367)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


K. & E. Peck Limited (Registered number: 03136367)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Stock and work in progress
Work in progress is valued at the lower of cost plus an appropriate proportion of profit relevant to the stage of completion of each contract and net realisable value.

Cost is calculated using the first in, first out method and includes all direct costs incurred in bringing the work in progress to its present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

K. & E. Peck Limited (Registered number: 03136367)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 16,026 14,588 53,723 19,604 103,941
Additions 1,037 - 32,555 2,211 35,803
Disposals - - (26,970 ) (497 ) (27,467 )
At 31 December 2024 17,063 14,588 59,308 21,318 112,277
DEPRECIATION
At 1 January 2024 13,732 7,471 11,288 17,659 50,150
Charge for year 835 1,069 12,587 1,157 15,648
Eliminated on disposal - - (10,970 ) (497 ) (11,467 )
At 31 December 2024 14,567 8,540 12,905 18,319 54,331
NET BOOK VALUE
At 31 December 2024 2,496 6,048 46,403 2,999 57,946
At 31 December 2023 2,294 7,117 42,435 1,945 53,791

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024 168,258
Additions 23,304
At 31 December 2024 191,562
NET BOOK VALUE
At 31 December 2024 191,562
At 31 December 2023 168,258

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 53,830 270,107
Other debtors 480 176
VAT 5,049 43,119
Accrued income 64,279 47,863
Prepayments 4,676 5,256
128,314 366,521

K. & E. Peck Limited (Registered number: 03136367)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,859 122,904
Corporation tax 65,330 45,117
Social security and other taxes 7,400 4,794
Other creditors 1,454 1,224
Directors' loan accounts 2,367 2,024
Accruals 11,786 6,854
92,196 182,917

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000