Peek House Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05461343

PEEK HOUSE MANAGEMENT LIMITED

Company Limited by Guarantee

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

20 February 2025

PEEK HOUSE MANAGEMENT LIMITED

COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

YEAR ENDED 20th FEBRUARY 2025

CONTENTS	PAGE

Officers and professional advisers	1

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

PEEK HOUSE MANAGEMENT LIMITED

COMPANY LIMITED BY GUARANTEE

OFFICERS AND PROFESSIONAL ADVISERS

The Board of Directors	R T Roppestad
	N J A Shaw
	A J Cutler
	A J Taylor
	D Ioannou
	T J Bowsher

Company Secretary	N J A Shaw

Registered Office	3rd Floor
	78/79 Leadenhall Street
	London
	EC3A 3DH

Accountants	Colne Valley Business Services LLP t/a Cloke & Co
	Chartered Certified Accountants
	106-107 Dowgate Hill House
	14-16 Dowgate Hill
	London
	EC4R 2SU

Bankers	C Hoare & Co
	37 Fleet Street
	London
	EC4P 4DQ

PEEK HOUSE MANAGEMENT LIMITED

COMPANY LIMITED BY GUARANTEE

CHARTERED CERTIFIED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PEEK HOUSE MANAGEMENT LIMITED

YEAR ENDED 20th FEBRUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peek House Management Limited for the year ended 20th February 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of Peek House Management Limited, as a body, in accordance with the terms of our engagement letter dated 14th November 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Peek House Management Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peek House Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Peek House Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Peek House Management Limited. You consider that Peek House Management Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Peek House Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Colne Valley Business Services LLP t/a Cloke & Co Chartered Certified Accountants

106-107 Dowgate Hill House 14-16 Dowgate Hill London EC4R 2SU

PEEK HOUSE MANAGEMENT LIMITED

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL POSITION

20 February 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6		48,331	65,401

CURRENT ASSETS

Debtors	8	374,802	307,200
Cash at bank and in hand		232,751	268,337
		---------	---------
		607,553	575,537

CREDITORS: amounts falling due within one year	9	654,051		638,312
		---------		---------
NET CURRENT LIABILITIES			46,498	62,775
			--------	--------
TOTAL ASSETS LESS CURRENT LIABILITIES			1,833	2,626

PROVISIONS

Taxation including deferred tax	1,833	2,626
	-------	-------
NET LIABILITIES	–	–
	-------	-------

These 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 statement of income and retained earnings has not been delivered.

For the year ending 20th February 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 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 financial statements .

PEEK HOUSE MANAGEMENT LIMITED

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL POSITION (continued)

20 February 2025

These financial statements were approved by the board of directors and authorised for issue on 11 November 2025 , and are signed on behalf of the board by:

N J A Shaw
Director

Company registration number: 05461343

PEEK HOUSE MANAGEMENT LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 20th FEBRUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 3rd Floor, 78/79 Leadenhall Street, London, EC3A 3DH.

2. STATEMENT OF COMPLIANCE

These 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

BASIS OF PREPARATION

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

CONSOLIDATION

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

REVENUE RECOGNITION

The turnover shown in the profit and loss account represents the value of sales, exclusive of Value Added Tax.

INCOME TAX

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.

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.

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.

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:

Long leasehold property	-	Over the lease term
Fixtures and fittings	-	25% reducing balance
Equipment	-	33% straight line

INVESTMENTS

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

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 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.

FINANCIAL INSTRUMENTS

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments.

DEFINED CONTRIBUTION PLANS

Contributions are made by the company into independently administered defined contribution pension schemes.

4. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.

5. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 13 (2024: 12 ).

6. TANGIBLE ASSETS

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 21st February 2024	128,961	27,415	64,863	221,239
Additions	–	–	4,345	4,345
	---------	--------	--------	---------
At 20th February 2025	128,961	27,415	69,208	225,584
	---------	--------	--------	---------
Depreciation
At 21st February 2024	77,377	22,536	55,925	155,838
Charge for the year	12,896	1,220	7,299	21,415
	---------	--------	--------	---------
At 20th February 2025	90,273	23,756	63,224	177,253
	---------	--------	--------	---------
Carrying amount
At 20th February 2025	38,688	3,659	5,984	48,331
	---------	--------	--------	---------
At 20th February 2024	51,584	4,879	8,938	65,401
	---------	--------	--------	---------

7. INVESTMENTS

	Shares in group undertakings
	£
Cost
At 21st February 2024 and 20th February 2025	6,581
	-------
Impairment
At 21st February 2024 and 20th February 2025	6,581
	-------

Carrying amount
At 20th February 2025	–
	-------
At 20th February 2024	–
	-------

The company owns 100% of the issued share capital of Peek Private Trustee Co Ltd which is incorporated in Bermuda and is non-trading.

8. DEBTORS

	2025	2024
	£	£
Trade debtors	219,108	158,975
Other debtors	155,694	148,225
	---------	---------
	374,802	307,200
	---------	---------

9. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	361,643	349,958
Corporation tax	6,930	9,198
Social security and other taxes	59,689	64,645
Other creditors	225,789	214,511
	---------	---------
	654,051	638,312
	---------	---------

10. OPERATING LEASES

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

	2025	2024
	£	£
Not later than 1 year	146,300	146,300
Later than 1 year and not later than 5 years	377,408	523,708
	---------	---------
	523,708	670,008
	---------	---------