REGISTERED NUMBER: 02212707 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Peter Starbuck Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs H I G Starbuck

SECRETARY:

Mrs H I G Starbuck

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

02212707 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

2,139,896

2,500,000

2,139,896

2,500,000

CURRENT ASSETS

Debtors

6

-

981

Cash at bank

5,520

10,060

5,520

11,041

CREDITORS

Amounts falling due within one year

7

190,221

203,164

NET CURRENT LIABILITIES

(184,701

)

(192,123

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,955,195

2,307,877

PROVISIONS FOR LIABILITIES

8

-

400,345

NET ASSETS

1,955,195

1,907,532

CAPITAL AND RESERVES

Called up share capital

9,750

9,750

Fair value reserve

9

1,599,249

1,559,008

Capital redemption reserve

9

6,250

6,250

Retained earnings

9

339,946

332,524

SHAREHOLDERS' FUNDS

1,955,195

1,907,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

Mrs H I G Starbuck - Director

1.	STATUTORY INFORMATION

Peter Starbuck 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Peter Starbuck Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

Fixed asset investments

Fixed asset investments are shown at the directors' assessment of fair value. Any aggregate surplus or deficit arising are recognised in profit and loss. Unrecognised gains are transferred to the fair value reserve.

Investments, excluding those classified as subsidiaries, are regarded as companies in which there is a participating interest where the company controls more than 20% of the equity, is represented on the board of directors and is in a position to exercise an influence over their affairs on a continuing basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,467

933

2,400

DEPRECIATION

At 1 April 2024

and 31 March 2025

1,467

933

2,400

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

2,500,000

Revaluation adjustment

(360,104

)

At 31 March 2025

2,139,896

NET BOOK VALUE

At 31 March 2025

2,139,896

At 31 March 2024

2,500,000

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

2,139,896

If the fixed asset investment had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

540,642

540,642

The fixed asset investment was valued on a fair value basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

-

981

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

-

2,176

Due to Telford Housing

Company Limited

172,905

192,158

Accruals

17,316

8,830

190,221

203,164

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

-

400,345

Deferred

tax

£

Balance at 1 April 2024

400,345

Utilised during year

(400,345

)

Balance at 31 March 2025

-

9.

RESERVES

Fair

Capital

Retained

value

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1 April 2024

332,524

1,559,008

6,250

1,897,782

Deficit for the year

(352,682

)

(352,682

)

Revaluation adjustment

360,104

(360,104

)

-

-

Revaluation adjustment - tax

-

400,345

-

400,345

At 31 March 2025

339,946

1,599,249

6,250

1,945,445