Company registration number: 13534294
Annual report and unaudited financial statements
for the year ended 31 July 2025
for
Peace Lily's Ltd
Pages for filing with the Registrar
Company registration number: 13534294
Peace Lily's Ltd
Balance sheet
as at 31 July 2025
31 Jul 25 31 Jul 24
Note £ £ £ £
Fixed assets
Tangible assets 4 40,157 44,427
40,157 44,427
Current assets
Stocks 3,000 3,000
Debtors 327 782
Cash at bank and in hand 49,655 24,084
52,982 27,866
Creditors: amounts falling due within one year
(27,197) (31,679)
Net current assets/(liabilities) 25,785 (3,813)
Total assets less current liabilities 65,942 40,614
Creditors: Amounts falling due after more than one year
(13,867) (21,629)
NET ASSETS 52,075 18,985
Capital and reserves
Called up share capital 1 1
Other reserves - (4,048)
Profit and loss account 52,074 23,032
TOTAL EQUITY 52,075 18,985
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13534294
Peace Lily's Ltd
Balance sheet - continued
as at 31 July 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs A Larking, Director
15 July 2026
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Peace Lily's Ltd
Notes to the financial statements
for the year ended 31 July 2025
1 Company information
Peace Lily's Ltd is a private company registered in England and Wales. Its registered number is 13534294. The company is limited by shares. Its registered office is Woolcott Farm, Shirwell, Barnstaple, EX31 4JZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Changes in accounting policies
The company acts as an agent in respect of certain services [e.g., veterinary services] incurred on behalf of its clients. These disbursements are charged and reimbursed at cost and are excluded from both turnover and administrative expenses.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Leasehold:
Leasehold - 5% reducing balance
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Peace Lily's Ltd
Notes to the financial statements - continued
for the year ended 31 July 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 1).
4 Tangible fixed assets
Leasehold Plant and machinery etc.

Totals
£ £ £
Cost
At 1 August 2024 16,983 46,278 63,261
Additions - 3,801 3,801
At 31 July 2025 16,983 50,079 67,062
Depreciation
At 1 August 2024 1,538 17,296 18,834
Charge for year 773 7,298 8,071
At 31 July 2025 2,311 24,594 26,905
Net book value
At 31 July 2025 14,672 25,485 40,157
At 31 July 2024 15,445 28,982 44,427
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