Company registration number 13563029 (England and Wales)
CONISTON PEAK (WP) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
CONISTON PEAK (WP) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
CONISTON PEAK (WP) LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
5
7,688,028
6,033,482
Current assets
Debtors
6
2,943
2,943
Cash at bank and in hand
395,304
-
0
398,247
2,943
Creditors: amounts falling due within one year
7
(518,927)
(890,185)
Net current liabilities
(120,680)
(887,242)
Total assets less current liabilities
7,567,348
5,146,240
Creditors: amounts falling due after more than one year
8
(4,130,810)
(1,985,598)
Net assets
3,436,538
3,160,642
Capital and reserves
Called up share capital
982,941
982,941
Share premium account
181,250
181,250
Profit and loss reserves
2,272,347
1,996,451
Total equity
3,436,538
3,160,642

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 15 July 2026
Mr A J Glasner
Director
Company registration number 13563029 (England and Wales)
CONISTON PEAK (WP) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Coniston Peak (WP) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 Chalton Drive, London, England, N2 0QW.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

CONISTON PEAK (WP) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
1.4
Financial instruments

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

The methods and significant assumptions used to ascertain the fair value and fair value movement included in the profit / loss for the year / period are as follows:

Investments in joint ventures / associates are measured at cost less impairment.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

CONISTON PEAK (WP) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Dividends
2025
2024
£
£
Interim paid
130,308
118,462

Preference dividends unpaid as at 31 October 202 5 amount to £454,364 (202 4:£324,056).

5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
7,688,028
6,033,482
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 November 2024
6,033,482
Additions
1,654,546
At 31 October 2025
7,688,028
Carrying amount
At 31 October 2025
7,688,028
At 31 October 2024
6,033,482
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,943
2,943
CONISTON PEAK (WP) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
-
0
485,630
Trade creditors
-
0
1,500
Other creditors
510,000
401,855
Accruals and deferred income
8,927
1,200
518,927
890,185
8
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
2,040,000
661,542
Other borrowings
1,636,446
1,000,000
Preference dividends payable
454,364
324,056
4,130,810
1,985,598

The loans from HSBC are secured by fixed and floating charges over all the property or undertakings of the company.

The charges from the loans on Growth Lending 2021 Limited and Helen Richardson, Anne Wright and Andrew Richardson have now been satisfied.

2025-10-31 2024-11-01 false false false CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr Glasner 13563029 2024-11-01 2025-10-31 13563029 2025-10-31 13563029 2024-10-31 13563029 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 13563029 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 13563029 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 13563029 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 13563029 core:Non-currentFinancialInstruments 2025-10-31 13563029 core:Non-currentFinancialInstruments 2024-10-31 13563029 core:ShareCapital 2025-10-31 13563029 core:ShareCapital 2024-10-31 13563029 core:SharePremium 2025-10-31 13563029 core:SharePremium 2024-10-31 13563029 core:RetainedEarningsAccumulatedLosses 2025-10-31 13563029 core:RetainedEarningsAccumulatedLosses 2024-10-31 13563029 bus:Director1 2024-11-01 2025-10-31 13563029 2023-11-01 2024-10-31 13563029 core:CurrentFinancialInstruments 2025-10-31 13563029 core:CurrentFinancialInstruments 2024-10-31 13563029 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 13563029 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 13563029 bus:FRS102 2024-11-01 2025-10-31 13563029 bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 13563029 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP