1 June 2022 false No description of principal activity Taxfiler 2023.14 08962243business:PrivateLimitedCompanyLtd2022-06-012023-05-31 089622432022-05-31 089622432022-06-012023-05-31 08962243business:AuditExemptWithAccountantsReport2022-06-012023-05-31 08962243business:FilletedAccounts2022-06-012023-05-31 089622432023-05-31 08962243business:Director12022-06-012023-05-31 08962243business:Director22022-06-012023-05-31 08962243business:RegisteredOffice2022-06-012023-05-31 089622432022-05-31 08962243core:WithinOneYear2023-05-31 08962243core:WithinOneYear2022-05-31 08962243core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 08962243core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 08962243core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 08962243core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 08962243core:PreviouslyStatedAmount2023-05-31 08962243core:PreviouslyStatedAmount2022-05-31 08962243business:SmallEntities2022-06-012023-05-31 08962243countries:EnglandWales2022-06-012023-05-31 08962243core:FurnitureFittings2022-06-012023-05-31 08962243core:ComputerEquipment2022-06-012023-05-31 08962243core:PlantMachinery2022-05-31 08962243core:FurnitureFittings2022-05-31 08962243core:PlantMachinery2023-05-31 08962243core:FurnitureFittings2023-05-31 08962243core:PlantMachinery2022-06-012023-05-31 089622432021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 08962243 (England and Wales)
Pegasus Lift Truck Training Ltd Unaudited accounts for the year ended 31 May 2023
Pegasus Lift Truck Training Ltd Unaudited accounts Contents
Page
- 2 -
Pegasus Lift Truck Training Ltd Company Information for the year ended 31 May 2023
Directors
Giuseppe Girardi Dawn Girardi
Company Number
08962243 (England and Wales)
Registered Office
15 MALLARD CLOSE HIGHAM FERRERS RUSHDEN NN10 8JG ENGLAND
Accountants
Kate Brown The Annexe, Rectory Farm Cranford Road Great Addington, Kettering Northants NN14 4BQ
- 3 -
Pegasus Lift Truck Training Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,397 
4,871 
Current assets
Debtors
51,445 
52,856 
Cash at bank and in hand
127,414 
119,942 
178,859 
172,798 
Creditors: amounts falling due within one year
(25,591)
(55,459)
Net current assets
153,268 
117,339 
Net assets
156,665 
122,210 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
156,565 
122,110 
Shareholders' funds
156,665 
122,210 
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by
Dawn Girardi Director Company Registration No. 08962243
- 4 -
Pegasus Lift Truck Training Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Pegasus Lift Truck Training Ltd is a private company, limited by shares, registered in England and Wales, registration number 08962243. The registered office is 15 MALLARD CLOSE, HIGHAM FERRERS, RUSHDEN, NN10 8JG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
15% reducing balance
Computer equipment
33% reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
Pegasus Lift Truck Training Ltd Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
9,877 
2,219 
12,096 
At 31 May 2023
9,877 
2,219 
12,096 
Depreciation
At 1 June 2022
5,750 
1,475 
7,225 
Charge for the year
1,362 
112 
1,474 
At 31 May 2023
7,112 
1,587 
8,699 
Net book value
At 31 May 2023
2,765 
632 
3,397 
At 31 May 2022
4,127 
744 
4,871 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,445 
52,856 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(6,818)
(5,337)
Trade creditors
5,054 
31,337 
Taxes and social security
25,899 
23,943 
Other creditors
565 
4,730 
Loans from directors
331 
246 
Accruals
560 
540 
25,591 
55,459 
7
Average number of employees
During the year the average number of employees was 4 (2022: 3).
- 6 -