REGISTERED NUMBER: 06358223 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Peachy Belts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs Z C Gibson

SECRETARY:

Mr R G Gibson

REGISTERED OFFICE:

Furze Hill Farm

Knossington

Oakham

Leicestershire

LE15 8LX

REGISTERED NUMBER:

06358223 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

848

1,176

848

1,176

CURRENT ASSETS

Stocks

85,305

82,497

Debtors

6

36,004

37

Cash at bank

9,007

15,403

130,316

97,937

CREDITORS

Amounts falling due within one year

7

107,168

93,761

NET CURRENT ASSETS

23,148

4,176

TOTAL ASSETS LESS CURRENT LIABILITIES

23,996

5,352

CREDITORS

Amounts falling due after more than one year

8

-

(3,703

)

PROVISIONS FOR LIABILITIES

(212

)

(294

)

NET ASSETS

23,784

1,355

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

23,782

1,353

SHAREHOLDERS' FUNDS

23,784

1,355

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2026 and were signed by:

Mrs Z C Gibson - Director

1.	STATUTORY INFORMATION

Peachy Belts 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

87,300

AMORTISATION

At 1 January 2025

and 31 December 2025

87,300

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

11,742

558

12,300

DEPRECIATION

At 1 January 2025

10,985

139

11,124

Charge for year

189

139

328

At 31 December 2025

11,174

278

11,452

NET BOOK VALUE

At 31 December 2025

568

280

848

At 31 December 2024

757

419

1,176

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

35,963

-

Prepayments and accrued income

41

37

36,004

37

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,700

6,209

Trade creditors

27,031

14,945

Tax

5,348

4,886

Social security and other taxes

2

5

VAT

13,772

9,386

Other creditors

1,123

-

Wages

868

650

Directors' loan accounts

53,674

56,110

Accruals and deferred income

1,650

1,570

107,168

93,761

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

3,703

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2