Pete Allibone Limited - Filleted accounts

Registered number

06076061

Pete Allibone Limited

Filleted Accounts

31 January 2026

Pete Allibone Limited
Registered number:		06076061
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		210,083			262,383
Investments	4		1			1
			210,084			262,384

Current assets
Debtors	5	23,574			11,982
Cash at bank and in hand		108,721			96,753
		132,295			108,735

Creditors: amounts falling due within one year	6	(105,511)			(94,331)

Net current assets			26,784			14,404

Total assets less current liabilities			236,868			276,788


Provisions for liabilities			(18,386)			(16,573)


Net assets			218,482			260,215

Capital and reserves
Called up share capital			1			1
Profit and loss account			218,481			260,214

Shareholders' funds			218,482			260,215

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P J Allibone
Director
Approved by the board on 28 October 2026

Pete Allibone Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	2,384		719,264		41,104		762,752
	Additions	5,542		29,898		-		35,440
	Disposals	(2,384)		-		-		(2,384)
	At 31 January 2026	5,542		749,162		41,104		795,808

	Depreciation
	At 1 February 2025	525		470,168		29,676		500,369
	Charge for the year	-		75,871		10,010		85,881
	On disposals	(525)		-		-		(525)
	At 31 January 2026	-		546,039		39,686		585,725

	Net book value
	At 31 January 2026	5,542		203,123		1,418		210,083
	At 31 January 2025	1,859		249,096		11,428		262,383


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 February 2025							1

	At 31 January 2026							1


5	Debtors					2026		2025
£							£

	Trade debtors					19,029		4,097
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					4,545		3,845
	Other debtors					-		4,040
						23,574		11,982


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					-		(22,805)
	Taxation and social security costs					26,166		21,628
	Other creditors					79,345		95,508
						105,511		94,331


7	Controlling party

	The company considers the director to be its controlling party.


8	Other information

	Pete Allibone Limited is a private company limited by shares and incorporated in England. Its registered office is:
	81 Hyperion Walk
	Horley
	Surrey
	RH6 7DB