7 May 2024 false Taxfiler 2024.6 SC809716 business:PrivateLimitedCompanyLtd 2024-05-07 2025-05-31 SC809716 2024-05-06 SC809716 2024-05-07 2025-05-31 SC809716 business:AuditExemptWithAccountantsReport 2024-05-07 2025-05-31 SC809716 business:FilletedAccounts 2024-05-07 2025-05-31 SC809716 2025-05-31 SC809716 business:Director1 2024-05-07 2025-05-31 SC809716 business:Director2 2024-05-07 2025-05-31 SC809716 business:RegisteredOffice 2024-05-07 2025-05-31 SC809716 core:WithinOneYear 2025-05-31 SC809716 core:AfterOneYear 2025-05-31 SC809716 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 SC809716 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 SC809716 core:PreviouslyStatedAmount 2025-05-31 SC809716 business:SmallEntities 2024-05-07 2025-05-31 SC809716 countries:Scotland 2024-05-07 2025-05-31 SC809716 core:PlantMachinery 2024-05-07 2025-05-31 SC809716 core:FurnitureFittings 2024-05-07 2025-05-31 SC809716 core:PlantMachinery 2024-05-06 SC809716 core:ComputerEquipment 2024-05-06 SC809716 core:ComputerEquipment 2024-05-07 2025-05-31 SC809716 core:PlantMachinery 2025-05-31 SC809716 core:ComputerEquipment 2025-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC809716 (Scotland)
Peak Advanced Services Ltd Unaudited accounts for the period from 7 May 2024 to 31 May 2025
Peak Advanced Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Peak Advanced Services Ltd Company Information for the period from 7 May 2024 to 31 May 2025
Directors
Peter Kilpatrick Yvonne Kilpatrick
Company Number
SC809716 (Scotland)
Registered Office
33 Newmarket Street Ayr Ayrshire KA7 1LL Scotland
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
- 3 -
Peak Advanced Services Ltd Statement of financial position as at 31 May 2025
2025
Notes
£
Fixed assets
Tangible assets
4
37,591
Current assets
Cash at bank and in hand
10,237
Creditors: amounts falling due within one year
5
(3,977)
Net current assets
6,260
Total assets less current liabilities
43,851
Creditors: amounts falling due after more than one year
6
(319)
Net assets
43,532
Capital and reserves
Called up share capital
100
Profit and loss account
43,432
Shareholders' funds
43,532
For the period ending 31 May 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 February 2026 and were signed on its behalf by
Peter Kilpatrick Director Company Registration No. SC809716
- 4 -
Peak Advanced Services Ltd Notes to the Accounts for the period from 7 May 2024 to 31 May 2025
1
Statutory information
Peak Advanced Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC809716. The registered office is 33 Newmarket Street, Ayr, Ayrshire, KA7 1LL, Scotland.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing balance 20%
Fixtures & fittings
Reducing balance 20%
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 7 May 2024
-
-
-
Additions
36,104
1,487
37,591
At 31 May 2025
36,104
1,487
37,591
Depreciation
At 31 May 2025
-
-
-
Net book value
At 31 May 2025
36,104
1,487
37,591
5
Creditors: amounts falling due within one year
2025
£
Taxes and social security
2,777
Accruals
1,200
3,977
- 5 -
Peak Advanced Services Ltd Notes to the Accounts for the period from 7 May 2024 to 31 May 2025
6
Creditors: amounts falling due after more than one year
2025
£
Loans from directors
319
7
Average number of employees
During the period the average number of employees was 2.
- 6 -