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Registered Number: 13352241


 

 

 

PEGASYS INFORMATION TECHNOLOGIES LTD


Abridged Accounts
 


Period of accounts

Start date: 22 April 2021

End date: 31 March 2022
 
 
Notes
 
2022
£
Current assets    
Debtors 21 
Cash at bank and in hand 9,654 
9,675 
Creditors: amount falling due within one year (12,043)
Net current liabilities (2,368)
 
Total assets less current liabilities (2,368)
Net liabilities (2,368)
 

Capital and reserves
   
Profit and loss account (2,368)
Shareholder's funds (2,368)
 


For the period ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. 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.
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 the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 30 August 2022 and were signed by:


--------------------------------
Suman Rao BALUMURI
Director
1
General Information
PEGASYS INFORMATION TECHNOLOGIES LTD is a private company, limited by shares, registered in , registration number 13352241, registration address 47 Kent View Road, Basildon, Basildon, England, SS16 4JX

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.

Average number of employees

Average number of employees during the period was 3.
3.

Share Capital

Allotted, called up and fully paid
2022
£
100 Ordinary shares of £1.00 each 100 
100 

2