REGISTERED NUMBER: 12328779 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PEEWIT PRODUCE LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mrs C L Bailey

D P Cummings

P Witts

REGISTERED OFFICE:

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

REGISTERED NUMBER:

12328779 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

639,059

688,459

Cost of sales

532,798

585,857

GROSS PROFIT

106,261

102,602

Administrative expenses

71,118

57,978

OPERATING PROFIT

4

35,143

44,624

Interest receivable and similar income

178

371

PROFIT BEFORE TAXATION

35,321

44,995

Tax on profit

6,711

8,810

PROFIT FOR THE FINANCIAL YEAR

28,610

36,185

Retained earnings at beginning of year

39,845

44,060

Dividends

(32,625

)

(40,400

)

RETAINED EARNINGS AT END OF YEAR

35,830

39,845

FIXED ASSETS

Intangible assets

5

16,000

20,000

Tangible assets

6

6,021

916

22,021

20,916

CURRENT ASSETS

Debtors

7

75,752

54,992

Cash at bank and in hand

32,937

32,568

108,689

87,560

CREDITORS

Amounts falling due within one year

8

93,676

68,397

NET CURRENT ASSETS

15,013

19,163

TOTAL ASSETS LESS CURRENT LIABILITIES

37,034

40,079

PROVISIONS FOR LIABILITIES

1,144

174

NET ASSETS

35,890

39,905

CAPITAL AND RESERVES

Called up share capital

60

60

Retained earnings

35,830

39,845

35,890

39,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

D P Cummings - Director

1.	STATUTORY INFORMATION

Peewit Produce 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 4 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2026

2025

£

£

Depreciation - owned assets

1,104

458

Goodwill amortisation

4,000

4,000

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

40,000

AMORTISATION

At 1 April 2025

20,000

Amortisation for year

4,000

At 31 March 2026

24,000

NET BOOK VALUE

At 31 March 2026

16,000

At 31 March 2025

20,000

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

1,048

2,872

1,304

5,224

Additions

-

6,500

-

6,500

Disposals

(1,048

)

-

-

(1,048

)

At 31 March 2026

-

9,372

1,304

10,676

DEPRECIATION

At 1 April 2025

757

2,247

1,304

4,308

Charge for year

-

1,104

-

1,104

Eliminated on disposal

(757

)

-

-

(757

)

At 31 March 2026

-

3,351

1,304

4,655

NET BOOK VALUE

At 31 March 2026

-

6,021

-

6,021

At 31 March 2025

291

625

-

916

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

73,859

55,461

Other debtors

400

400

Customer overpayments

(2,389

)

(2,389

)

VAT

1,142

1,038

Prepayments

2,740

482

75,752

54,992

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

85,496

56,888

Corporation tax

5,741

8,636

Social security and other taxes

422

722

Net wages creditor

795

940

Pension creditor

19

18

Directors' current accounts

403

393

Accrued expenses

800

800

93,676

68,397