REGISTERED NUMBER: 03696604 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

PESKETT SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Peskett

Mrs J Peskett

SECRETARY:

Mrs J Peskett

REGISTERED OFFICE:

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

03696604 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

11,422

13,452

CURRENT ASSETS

Stocks

62,329

135,334

Debtors

5

73,449

127,418

Cash at bank

66,561

93,311

202,339

356,063

CREDITORS

Amounts falling due within one year

6

(213,090

)

(364,185

)

NET CURRENT LIABILITIES

(10,751

)

(8,122

)

TOTAL ASSETS LESS CURRENT LIABILITIES

671

5,330

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

571

5,230

SHAREHOLDERS' FUNDS

671

5,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

M Peskett - Director

1.	STATUTORY INFORMATION

Peskett Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 March 2024

6,920

106,780

16,062

129,762

Additions

-

1,725

-

1,725

At 28 February 2025

6,920

108,505

16,062

131,487

DEPRECIATION

At 1 March 2024

6,910

94,519

14,881

116,310

Charge for year

2

3,457

296

3,755

At 28 February 2025

6,912

97,976

15,177

120,065

NET BOOK VALUE

At 28 February 2025

8

10,529

885

11,422

At 29 February 2024

10

12,261

1,181

13,452

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

61,373

56,385

Other debtors

12,076

71,033

73,449

127,418

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,841

134,733

Amounts owed to group undertakings

170,295

214,438

Taxation and social security

30,019

1,160

Other creditors

7,935

13,854

213,090

364,185

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 March 2024

5,230

Profit for the year

35,341

Dividends

(40,000

)

At 28 February 2025

571

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

M Peskett

Balance outstanding at start of year

48,988

37,155

Amounts advanced

-

51,833

Amounts repaid

(50,000

)

(40,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,012

)

48,988

10.	RELATED PARTY DISCLOSURES

During the year, the company was charged £40,000 (2024 : £40,000) by Peskett Investments Limited for management services provided.