Company Registration No. 07557177 (England and Wales)
PETERBOROUGH SHOPPING CENTRE LIMITED
Unaudited accounts
for the year ended 31 March 2025
PETERBOROUGH SHOPPING CENTRE LIMITED
Unaudited accounts
Contents
PETERBOROUGH SHOPPING CENTRE LIMITED
Company Information
for the year ended 31 March 2025
Directors
Mr Ergin Tasci
Mr Murat Tasci
Mr Celal Kaplan
Mr Ertan Tasci
Company Number
07557177 (England and Wales)
Registered Office
40 WILLOUGHBY ROAD
LONDON
N8 0JG
England
PETERBOROUGH SHOPPING CENTRE LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
200,169
207,456
Inventories
102,349
101,347
Cash at bank and in hand
15,499
9,912
Creditors: amounts falling due within one year
(234,392)
(211,899)
Net current liabilities
(98,993)
(83,292)
Total assets less current liabilities
101,176
124,164
Creditors: amounts falling due after more than one year
(26,616)
(59,901)
Called up share capital
3
3
Profit and loss account
74,557
64,260
Shareholders' funds
74,560
64,263
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by
Mr Ergin Tasci
Director
Company Registration No. 07557177
PETERBOROUGH SHOPPING CENTRE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
PETERBOROUGH SHOPPING CENTRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07557177. The registered office is 40 WILLOUGHBY ROAD, LONDON, N8 0JG, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to known amount of cash and are subject to an insignificant risk of change in value.
PETERBOROUGH SHOPPING CENTRE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Expenses are recognized in the period in which they are incurred, regardless of when payment is made.
The Director has reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. The Company therefore continue to adopt the Going Concern basis for preparing it's financial statements.
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
161,000
16,516
42,441
98,514
1,277
319,748
At 31 March 2025
161,000
17,167
42,441
98,514
1,277
320,399
At 1 April 2024
-
10,010
32,719
68,838
725
112,292
Charge for the year
-
1,431
1,945
4,451
111
7,938
At 31 March 2025
-
11,441
34,664
73,289
836
120,230
At 31 March 2025
161,000
5,726
7,777
25,225
441
200,169
At 31 March 2024
161,000
6,506
9,722
29,676
552
207,456
PETERBOROUGH SHOPPING CENTRE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
1,500
1,500
Other debtors
16,051
15,848
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
28,440
28,524
Trade creditors
61,117
52,491
Taxes and social security
18,020
23,699
Other creditors
1,013
1,500
Loans from directors
117,141
97,024
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
10
Average number of employees
During the year the average number of employees was 16 (2024: 15).