Pedal Properties Limited SC748918 false 2022-11-01 2023-06-30 2023-06-30 The principal activity of the company is that of a holding company Digita Accounts Production Advanced 6.30.9574.0 true true SC748918 2022-11-01 2023-06-30 SC748918 2023-06-30 SC748918 bus:OrdinaryShareClass1 2023-06-30 SC748918 core:CurrentFinancialInstruments 2023-06-30 SC748918 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 SC748918 bus:SmallEntities 2022-11-01 2023-06-30 SC748918 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-06-30 SC748918 bus:FullAccounts 2022-11-01 2023-06-30 SC748918 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-06-30 SC748918 bus:RegisteredOffice 2022-11-01 2023-06-30 SC748918 bus:Director1 2022-11-01 2023-06-30 SC748918 bus:OrdinaryShareClass1 2022-11-01 2023-06-30 SC748918 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-06-30 SC748918 countries:NorthernIreland 2022-11-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC748918

Pedal Properties Limited

Unaudited Filleted Financial Statements

for the Period from 1 November 2022 to 30 June 2023

 

Pedal Properties Limited

(Registration number: SC748918)
Balance Sheet as at 30 June 2023

Note

2023
£

Current assets

 

Debtors

4

150

Capital and reserves

 

Called up share capital

5

150

Shareholders' funds

 

150

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 November 2023
 

.........................................
Mr Peter Andrew McKeown
Director

 

Pedal Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 6 Chapelton Gardens, Bearsden, Glasgow, G61 2DH.

These financial statements were authorised for issue by the director on 10 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Pedal Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 November 2022 to 30 June 2023

4

Debtors

Current

Note

2023
£

Amounts owed by related parties

150

   

150

5

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary shares of £1 of £1 each

150

150