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Company Registration No. 5668882 (England and Wales)
Pete Cowasji Ltd Unaudited accounts for the year ended 31 January 2025
Pete Cowasji Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Pete Cowasji Ltd Company Information for the year ended 31 January 2025
Director
Peter Cowasji
Secretary
David Meyer
Company Number
5668882 (England and Wales)
Registered Office
508A HORNSEY ROAD LONDON N19 3QW
Accountants
David Meyer FCCA 2 Downage London NW4 1AA
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Pete Cowasji Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
326,226 
380,396 
Current assets
Debtors
5
50,159 
29,887 
Cash at bank and in hand
9,417 
14,110 
59,576 
43,997 
Creditors: amounts falling due within one year
6
(96,447)
(36,719)
Net current (liabilities)/assets
(36,871)
7,278 
Net assets
289,355 
387,674 
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
289,255 
387,574 
Shareholders' funds
289,355 
387,674 
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 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 12 September 2025 and were signed on its behalf by
Peter Cowasji Director Company Registration No. 5668882
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Pete Cowasji Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Pete Cowasji Ltd is a private company, limited by shares, registered in England and Wales, registration number 5668882. The registered office is 508A HORNSEY ROAD, LONDON, N19 3QW.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
125,000 
1,018,096 
14,950 
1,158,046 
Additions
- 
12,906 
- 
12,906 
At 31 January 2025
125,000 
1,031,002 
14,950 
1,170,952 
Depreciation
At 1 February 2024
- 
773,913 
3,737 
777,650 
Charge for the year
- 
64,273 
2,803 
67,076 
At 31 January 2025
- 
838,186 
6,540 
844,726 
Net book value
At 31 January 2025
125,000 
192,816 
8,410 
326,226 
At 31 January 2024
125,000 
244,183 
11,213 
380,396 
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Pete Cowasji Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
49,098 
- 
Trade debtors
644 
29,470 
Accrued income and prepayments
417 
417 
50,159 
29,887 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
46,456 
4,295 
Trade creditors
141 
- 
Taxes and social security
49,504 
32,385 
Loans from directors
346 
39 
96,447 
36,719 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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