Peter Posh Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02505295

Peter Posh Limited

Filleted Unaudited Abridged Financial Statements

30 November 2025

Peter Posh Limited

Abridged Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	298,316	294,882

Current assets

Stocks		385,329	506,488
Debtors	6	342,873	274,807
Cash at bank and in hand		2,858,590	3,003,998
		------------	------------
		3,586,792	3,785,293

Creditors: amounts falling due within one year	7	1,586,367	1,754,895
		------------	------------
Net current assets		2,000,425	2,030,398
		------------	------------
Total assets less current liabilities		2,298,741	2,325,280

Provisions

Taxation including deferred tax	61,600	61,700
	------------	------------
Net assets	2,237,141	2,263,580
	------------	------------

Capital and reserves

Called up share capital	10,000	10,000
Profit and loss account	2,227,141	2,253,580
	------------	------------
Shareholders funds	2,237,141	2,263,580
	------------	------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 30 November 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 abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Peter Posh Limited

Abridged Statement of Financial Position (continued)

30 November 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 24 August 2026 , and are signed on behalf of the board by:

P Williams
Director

Company registration number: 02505295

Peter Posh Limited

Notes to the Abridged Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit D3, Stafford Park 11, Telford, Shropshire, TF3 3AY.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

(c) Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(d) Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

(e) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

(f) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	straight line over the life of the lease
Plant & machinery	-	over 3-10 years
Fixtures & fittings	-	over 5 years
Motor vehicles	-	over 5 years

(g) Impairment of fixed assets

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

(h) Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

(i) Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

(j) Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 66 (2024: 61 ).

5. Tangible assets

	Leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 December 2024	194,198	643,683	99,188	279,459	1,216,528
Additions	–	58,964	21,524	–	80,488
Disposals	–	( 45,578)	( 494)	–	( 46,072)
	---------	---------	---------	---------	------------
At 30 November 2025	194,198	657,069	120,218	279,459	1,250,944
	---------	---------	---------	---------	------------
Depreciation
At 1 December 2024	194,198	507,278	91,246	128,924	921,646
Charge for the year	–	34,565	5,704	36,111	76,380
Disposals	–	( 44,905)	( 493)	–	( 45,398)
	---------	---------	---------	---------	------------
At 30 November 2025	194,198	496,938	96,457	165,035	952,628
	---------	---------	---------	---------	------------
Carrying amount
At 30 November 2025	–	160,131	23,761	114,424	298,316
	---------	---------	---------	---------	------------
At 30 November 2024	–	136,405	7,942	150,535	294,882
	---------	---------	---------	---------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	159,274	167,517
Other debtors	183,599	107,290
	---------	---------
	342,873	274,807
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	59,658	117,634
Accruals and deferred income	295,143	430,493
Corporation tax	131,459	185,865
Social security and other taxes	132,234	107,077
Director loan accounts	964,759	911,038
Other creditors	3,114	2,788
	------------	------------
	1,586,367	1,754,895
	------------	------------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	401,206	393,672
Later than 1 year and not later than 5 years	1,243,810	1,367,893
Later than 5 years	734,667	1,013,867
	------------	------------
	2,379,683	2,775,432
	------------	------------

9. Related party transactions

At the year end the directors loan account with Mr P and Mrs V WIlliams was overdrawn by £128,729 (2024 : £54,047 overdrawn). Interest of £3,427 (2024 : £594) has been charged at a rate of 3.75% (2024 : 2.25%). The balance has been repaid to the company since the year end.