REGISTERED NUMBER: 06734250 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Peter Cook Partnership Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Cook

REGISTERED OFFICE:

3 The Mews

Herringswell

Bury St Edmunds

IP28 6FA

REGISTERED NUMBER:

06734250 (England and Wales)

ACCOUNTANTS:

Pinfold & Co

8 Deben Mill Business Centre

Old Maltings Approach

Woodbridge

Suffolk

IP12 1BL

FIXED ASSETS

Tangible assets

4

6,242

8,974

CURRENT ASSETS

Debtors

6,495

2,309

Cash at bank

30

517

6,525

2,826

CREDITORS

Amounts falling due within one year

13,139

16,706

NET CURRENT LIABILITIES

(6,614

)

(13,880

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(372

)

(4,906

)

CREDITORS

Amounts falling due after more than one year

5

(4,295

)

(3,206

)

PROVISIONS FOR LIABILITIES

6

(711

)

(1,230

)

NET LIABILITIES

(5,378

)

(9,342

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(5,478

)

(9,442

)

SHAREHOLDERS' FUNDS

(5,378

)

(9,342

)

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 director acknowledges his 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.

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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 22 September 2025 and were signed by:

P Cook - Director

1.	STATUTORY INFORMATION

Peter Cook Partnership 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.

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

The turnover represents net invoiced sales of goods and services, excluding value added tax, arising from architectural photography.

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

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

31,242

Disposals

(5,873

)

At 31 December 2024

25,369

DEPRECIATION

At 1 January 2024

22,268

Charge for year

1,247

Eliminated on disposal

(4,388

)

At 31 December 2024

19,127

NET BOOK VALUE

At 31 December 2024

6,242

At 31 December 2023

8,974

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.12.24

31.12.23

£

£

Repayable by instalments

Bank loans more than 5 years

419

-

6.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

711

1,230

Deferred

tax

£

Balance at 1 January 2024

1,230

Provided during year

(519

)

Balance at 31 December 2024

711

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary shares

£1

100

100

8.	SUMMARY OF TRANSACTIONS WITH DIRECTORS

The following advances by and repayments to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

P Cook

Balance outstanding at start of year

(1,577

)

269

Amounts advanced

-

14,876

Amounts repaid

(2,181

)

(16,722

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,758

)

(1,577

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P Cook.