PETER WAITE AND ASSOCIATES LIMITED

Company Registration Number:
01955141 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

PETER WAITE AND ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

PETER WAITE AND ASSOCIATES LIMITED

Balance sheet

As at 31 January 2025


Notes
2025
11 months to 31 January 2024


£
£
Fixed assets
Tangible assets: 3 984 1,371
Total fixed assets: 984 1,371
Current assets
Stocks: 742,029 1,425,338
Debtors:   2,045 9,563
Cash at bank and in hand: 735,007 20,006
Total current assets: 1,479,081 1,454,907
Creditors: amounts falling due within one year:   (588,528) (776,396)
Net current assets (liabilities): 890,553 678,511
Total assets less current liabilities: 891,537 679,882
Provision for liabilities:   (260)
Total net assets (liabilities): 891,537 679,622
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 890,537 678,622
Shareholders funds: 891,537 679,622

The notes form part of these financial statements

PETER WAITE AND ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 July 2025
and signed on behalf of the board by:

Name: Peter Waite
Status: Director

The notes form part of these financial statements

PETER WAITE AND ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PETER WAITE AND ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 11 months to 31 January 2024
Average number of employees during the period 3 3

PETER WAITE AND ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 47,762
At 31 January 2025 47,762
Depreciation
At 01 February 2024 46,391
Charge for year 387
At 31 January 2025 46,778
Net book value
At 31 January 2025 984
At 31 January 2024 1,371

PETER WAITE AND ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Loans to directors

Name of director receiving advance or credit: Peter Waite
Description of the loan: The following advances from directors subsisted during the year ended 31 January 2025
£
Balance at 01 February 2024 47,957
Advances or credits made: 9,078
Advances or credits repaid: 55,892
Balance at 31 January 2025 1,143
Name of director receiving advance or credit: Joy Waite
Description of the loan: The following advances from directors subsisted during the year ended 31 January 2025
£
Balance at 01 February 2024 306,371
Advances or credits made: 5,000
Advances or credits repaid: 61,000
Balance at 31 January 2025 250,371
Name of director receiving advance or credit: Matthew Waite
Description of the loan: The following advances from directors subsisted during the year ended 31 January 2025
£
Balance at 01 February 2024 236,466
Advances or credits repaid: 41,000
Balance at 31 January 2025 195,466