REGISTERED NUMBER: 05548426 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

PEAK ASSOCIATES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K L Houghton

P N Ayers

SECRETARY:

P N Ayers

REGISTERED OFFICE:

The Gables

Ashford Road

Bakewell

Derbyshire

DE45 1GL

REGISTERED NUMBER:

05548426 (England and Wales)

ACCOUNTANTS:

Jamie Sutton Accountancy Ltd

Broadfield House

18 Broadfield Road

Sheffield

S8 0XJ

FIXED ASSETS

Tangible assets

4

8,077

9,715

Investment property

5

365,000

365,000

373,077

374,715

CURRENT ASSETS

Debtors

333

8,752

Cash at bank

10,497

2,129

10,830

10,881

CREDITORS

Amounts falling due within one year

371,632

292,290

NET CURRENT LIABILITIES

(360,802

)

(281,409

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,275

93,306

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,175

93,206

SHAREHOLDERS' FUNDS

12,275

93,306

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

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

The directors acknowledge their 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 Balance Sheet for the year ended 31st August 2025 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 Board of Directors and authorised for issue on 7th January 2026 and were signed on its behalf by:

K L Houghton - Director

P N Ayers - Director

1.	STATUTORY INFORMATION

Peak Associates 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment, fixtures & fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

102,540

Disposals

(11,995

)

At 31st August 2025

90,545

DEPRECIATION

At 1st September 2024

92,825

Charge for year

1,425

Eliminated on disposal

(11,782

)

At 31st August 2025

82,468

NET BOOK VALUE

At 31st August 2025

8,077

At 31st August 2024

9,715

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st September 2024

and 31st August 2025

365,000

NET BOOK VALUE

At 31st August 2025

365,000

At 31st August 2024

365,000

Fair value at 31st August 2025 is represented by:

£

Valuation in 2013

(27,181

)

Valuation in 2021

55,000

Cost

337,181

365,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

337,181

337,181

The investment properties were valued on an open market basis on 31st August 2025 by the directors .