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Registered number: 12953286
Peover Property Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Michael Price Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12953286
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,251 13,231
Investments 5 977,374 701,374
994,625 714,605
CURRENT ASSETS
Debtors 6 2,712 2,164
Cash at bank and in hand 20,577 21,939
23,289 24,103
Creditors: Amounts Falling Due Within One Year 7 (127,680 ) (20,130 )
NET CURRENT ASSETS (LIABILITIES) (104,391 ) 3,973
TOTAL ASSETS LESS CURRENT LIABILITIES 890,234 718,578
Creditors: Amounts Falling Due After More Than One Year 8 (434,739 ) (263,796 )
NET ASSETS 455,495 454,782
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 455,295 454,582
SHAREHOLDERS' FUNDS 455,495 454,782
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Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S O Morrisey
Director
01/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Peover Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12953286 . The registered office is 1 Knutsford Business Centre Cranford House, Cranford Drive Knutsford Business Park, Knutsford, Cheshire, WA16 8ZR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Straight Line
Fixtures & Fittings 5 Years Straight Line
Computer Equipment 3 Years Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2024 11,890 3,975 15,865
Additions 8,829 - 8,829
As at 31 October 2025 20,719 3,975 24,694
...CONTINUED
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Depreciation
As at 1 November 2024 1,602 1,032 2,634
Provided during the period 3,484 1,325 4,809
As at 31 October 2025 5,086 2,357 7,443
Net Book Value
As at 31 October 2025 15,633 1,618 17,251
As at 1 November 2024 10,288 2,943 13,231
5. Investments
Unlisted Other Total
£ £ £
Cost or Valuation
As at 1 November 2024 680,374 21,000 701,374
Additions 276,000 - 276,000
As at 31 October 2025 956,374 21,000 977,374
Provision
As at 1 November 2024 - - -
As at 31 October 2025 - - -
Net Book Value
As at 31 October 2025 956,374 21,000 977,374
As at 1 November 2024 680,374 21,000 701,374
Investements are as follows:
Unlisted - Property 
Other - Classic cars
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,858 1,802
Prepayments and accrued income 854 262
Called up share capital not paid - 100
2,712 2,164
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,024 2,387
Mortgage - Short-Term 14,048 13,515
VAT 1,250 2,559
Deferred Income 7,158 -
Accruals 1,200 550
Director's loan account 100,000 -
Amounts owed to related parties - 1,119
127,680 20,130
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Mortgage 434,739 263,796
9. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid - 100
Called Up Share Capital has been paid up 200 100
Amount of Allotted, Called Up Share Capital 200 200
10. Transition to FRS 102
These financial statements for the year ended 31st October 2025 are the first financial statements of Peover Property Limited that comply with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition is 01st November 2024.
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