Peak Machine Services Ltd 11047844 false 2025-04-01 2026-05-31 2026-05-31 The principal activity of the company is the repair of machinery. Digita Accounts Production Advanced 6.30.9574.0 true 11047844 2025-04-01 2026-05-31 11047844 2026-05-31 11047844 core:RetainedEarningsAccumulatedLosses 2026-05-31 11047844 core:ShareCapital 2026-05-31 11047844 core:CurrentFinancialInstruments core:WithinOneYear 2026-05-31 11047844 core:MotorVehicles 2026-05-31 11047844 bus:SmallEntities 2025-04-01 2026-05-31 11047844 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-05-31 11047844 bus:FilletedAccounts 2025-04-01 2026-05-31 11047844 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-05-31 11047844 bus:Director1 2025-04-01 2026-05-31 11047844 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-05-31 11047844 core:MotorVehicles 2025-04-01 2026-05-31 11047844 countries:AllCountries 2025-04-01 2026-05-31 11047844 2025-03-31 11047844 core:MotorVehicles 2025-03-31 11047844 2024-04-01 2025-03-31 11047844 2025-03-31 11047844 core:RetainedEarningsAccumulatedLosses 2025-03-31 11047844 core:ShareCapital 2025-03-31 11047844 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11047844 core:MotorVehicles 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 11047844

Peak Machine Services Ltd
Annual Report and Unaudited Financial Statements
For The Period from 1 April 2025 to 31 May 2026

Peak Machine Services Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Peak Machine Services Ltd

(Registration number: 11047844)
Balance Sheet as at 31 May 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |  |  |
Tangible assets | 3 |  | - |  | 15,503
Current assets |  |  |  |  |
Debtors | 4 | 11,904 |  | 4,066 |
Cash at bank and in hand |  | - |  | 19,272 |
|  | 11,904 |  | 23,338 |
Creditors: Amounts falling due within one year | 5 | (5,672) |  | (8,043) |
Net current assets |  |  | 6,232 |  | 15,295
Total assets less current liabilities |  |  | 6,232 |  | 30,798
Provisions for liabilities |  |  | - |  | (2,947)
Net assets |  |  | 6,232 |  | 27,851
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 6,132 |  | 27,751 |
Total equity |  |  | 6,232 |  | 27,851

For the financial period ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 June 2026 and signed on its behalf by:

......................................... Mr G. Oldroyd Director

Peak Machine Services Ltd

Notes to the Unaudited Financial Statements For The Period from 1 April 2025 to 31 May 2026

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises current and deferred 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 25% Reducing Balance

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Peak Machine Services Ltd

Notes to the Unaudited Financial Statements For The Period from 1 April 2025 to 31 May 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2025 - 2).

3 | Tangible assets

| Motor vehicles £ | Total £
Cost or valuation
At 1 April 2025 | 36,748 | 36,748
Disposals | (36,748) | (36,748)
At 31 May 2026 | - | -
Depreciation
At 1 April 2025 | 21,245 | 21,245
Charge for the period | 3,876 | 3,876
Eliminated on disposal | (25,121) | (25,121)
At 31 May 2026 | - | -
Carrying amount
At 31 May 2026 | - | -
At 31 March 2025 | 15,503 | 15,503

4 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | - | 4,066
Other debtors | 11,904 | -
| 11,904 | 4,066

Peak Machine Services Ltd

Notes to the Unaudited Financial Statements For The Period from 1 April 2025 to 31 May 2026

5 | Creditors

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | - | 1,195
Taxation and social security | 4,672 | 4,139
Other creditors | 1,000 | 2,709
| 5,672 | 8,043