Company No: 05026224 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A J Giles
	P C Martin
	D S Walsh

SECRETARY

A J Giles

REGISTERED OFFICE	Waterloo Place
	Watson Square
	Stockport
	SK1 3AZ
	United Kingdom

COMPANY NUMBER

05026224 (England and Wales)

ACCOUNTANT	S&W Partners (Manchester) Limited
	Pall Mall
	1 Pollen Square
	59 King Street
	Manchester
	M2 4PD

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	150,000		180,000
Tangible assets	4	199		120
		150,199		180,120
Current assets
Debtors	5	191,165		66,851
Cash at bank and in hand		39,274		171,409
		230,439		238,260
Creditors: amounts falling due within one year	6	( 202,333)		( 283,591)
Net current assets/(liabilities)		28,106		(45,331)
Total assets less current liabilities		178,305		134,789
Net assets		178,305		134,789
Capital and reserves
Called-up share capital	7	33,334		33,334
Share premium account		199,542		199,542
Other reserves		444,000		444,000
Profit and loss account		( 498,571 )		( 542,087 )
Total shareholders' funds		178,305		134,789

For the financial year ending 31 December 2025 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Peach 20/20 Limited (registered number: 05026224) were approved and authorised for issue by the Board of Directors on 28 May 2026. They were signed on its behalf by:

A J Giles Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Peach 20/20 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Waterloo Place, Watson Square, Stockport, SK1 3AZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Peach 20/20 Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes. Advertising revenue is recognised upon publication of the magazine. Subscription
revenue is recognised in full upon invoice.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of employees	0		0

The staff costs are recharged from a related party.

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2025	300,000		300,000
At 31 December 2025	300,000		300,000
Accumulated amortisation
At 01 January 2025	120,000		120,000
Charge for the financial year	30,000		30,000
At 31 December 2025	150,000		150,000
Net book value
At 31 December 2025	150,000		150,000
At 31 December 2024	180,000		180,000

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	1,050		1,050
Additions	285		285
At 31 December 2025	1,335		1,335
Accumulated depreciation
At 01 January 2025	930		930
Charge for the financial year	206		206
At 31 December 2025	1,136		1,136
Net book value
At 31 December 2025	199		199
At 31 December 2024	120		120

5. Debtors

	2025		2024
	£		£
Trade debtors	155,610		26,601
Other debtors	35,555		40,250
	191,165		66,851

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	18,528		24,287
Amounts owed to Group undertakings	125,000		200,000
Taxation and social security	12,921		0
Other creditors	45,884		59,304
	202,333		283,591

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
33,334 Ordinary shares of £ 1.00 each	33,334		33,334