Company Registration No. 06319711 (England and Wales)
Peacefield Properties Limited
Unaudited accounts
for the year ended 31 July 2026
Peacefield Properties Limited
Unaudited accounts
Contents
Peacefield Properties Limited
Company Information
for the year ended 31 July 2026
Secretary
Peter Charles Matthews
Company Number
06319711 (England and Wales)
Registered Office
Unit 15 Nickerson Way
Holton-le-Clay
Grimsby
South Humberside
DN36 5HS
England
Accountants
D H Tuck & Co Limited
Fiveways Business Centre
167 Park Street
Cleethorpes
North East Lincolnshire
DN35 7LX
Peacefield Properties Limited
Statement of financial position
as at 31 July 2026
Tangible assets
31,074
23,747
Investment property
1,500,092
1,500,092
Cash at bank and in hand
57,614
37,841
Creditors: amounts falling due within one year
(789,997)
(834,420)
Net current liabilities
(691,092)
(758,355)
Total assets less current liabilities
840,074
765,484
Creditors: amounts falling due after more than one year
(471)
(7,222)
Net assets
839,603
758,262
Called up share capital
1
1
Profit and loss account
839,602
758,261
Shareholders' funds
839,603
758,262
For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2026 and were signed on its behalf by
Brynley Ilsley
Director
Company Registration No. 06319711
Peacefield Properties Limited
Notes to the Accounts
for the year ended 31 July 2026
Peacefield Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06319711. The registered office is Unit 15 Nickerson Way, Holton-le-Clay, Grimsby, South Humberside, DN36 5HS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Motor vehicles
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Peacefield Properties Limited
Notes to the Accounts
for the year ended 31 July 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2025
20,129
31,750
3,687
55,566
Additions
2,100
12,500
1,800
16,400
At 31 July 2026
22,229
44,250
5,487
71,966
At 1 August 2025
19,933
8,677
3,209
31,819
Charge for the year
409
7,937
727
9,073
At 31 July 2026
20,342
16,614
3,936
40,892
At 31 July 2026
1,887
27,636
1,551
31,074
At 31 July 2025
196
23,073
478
23,747
Fair value at 1 August 2025
1,500,092
Peacefield Properties Limited
Notes to the Accounts
for the year ended 31 July 2026
Amounts falling due within one year
Accrued income and prepayments
1,335
1,286
8
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
8,332
Obligations under finance leases and hire purchase contracts
6,667
6,667
Trade creditors
12,337
15,106
Taxes and social security
64,756
32,864
Other creditors
6,745
5,979
Loans from directors
681,510
757,349
9
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
471
7,222
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).