1 June 2022 false No description of principal activity Taxfiler 2023.12 12840656business:PrivateLimitedCompanyLtd2022-06-012023-05-31 128406562022-05-31 128406562022-06-012023-05-31 12840656business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 12840656business:FilletedAccounts2022-06-012023-05-31 128406562023-05-31 12840656business:Director12022-06-012023-05-31 12840656business:Director22022-06-012023-05-31 12840656business:Director32022-06-012023-05-31 12840656business:RegisteredOffice2022-06-012023-05-31 128406562022-05-31 12840656core:WithinOneYear2023-05-31 12840656core:WithinOneYear2022-05-31 12840656core:AfterOneYear2023-05-31 12840656core:AfterOneYear2022-05-31 12840656core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12840656core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 12840656core:RevaluationReservecore:PreviouslyStatedAmount2023-05-31 12840656core:RevaluationReservecore:PreviouslyStatedAmount2022-05-31 12840656core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12840656core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 12840656core:PreviouslyStatedAmount2023-05-31 12840656core:PreviouslyStatedAmount2022-05-31 12840656business:SmallEntities2022-06-012023-05-31 12840656countries:EnglandWales2022-06-012023-05-31 12840656core:FurnitureFittings2022-06-012023-05-31 12840656core:FurnitureFittings2022-05-31 12840656core:FurnitureFittings2023-05-31 128406562021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12840656 (England and Wales)
Off The Pegg Homes Ltd Unaudited accounts for the year ended 31 May 2023
Off The Pegg Homes Ltd Unaudited accounts Contents
Page
- 2 -
Off The Pegg Homes Ltd Company Information for the year ended 31 May 2023
Directors
Dr John Harrison Deborah Ruth Hudson Donna Marie Pegg
Company Number
12840656 (England and Wales)
Registered Office
126 BUXTON CRESCENT BROUGHTON ASTLEY LEICESTER LE9 6TD ENGLAND
- 3 -
Off The Pegg Homes Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,122 
- 
Investment property
731,890 
425,000 
740,012 
425,000 
Current assets
Debtors
26,236 
- 
Cash at bank and in hand
7,483 
112,556 
33,719 
112,556 
Creditors: amounts falling due within one year
(105,735)
(96,739)
Net current (liabilities)/assets
(72,016)
15,817 
Total assets less current liabilities
667,996 
440,817 
Creditors: amounts falling due after more than one year
(533,475)
(322,735)
Net assets
134,521 
118,082 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
150,364 
150,364 
Profit and loss account
(15,845)
(32,284)
Shareholders' funds
134,521 
118,082 
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 12 February 2024 and were signed on its behalf by
Donna Marie Pegg Director Company Registration No. 12840656
- 4 -
Off The Pegg Homes Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Off The Pegg Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 12840656. The registered office is 126 BUXTON CRESCENT, BROUGHTON ASTLEY, LEICESTER, LE9 6TD, 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.
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
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2022
- 
Additions
8,122 
At 31 May 2023
8,122 
Depreciation
At 31 May 2023
- 
Net book value
At 31 May 2023
8,122 
5
Investment property
2023 
£ 
Fair value at 1 June 2022
425,000 
Additions
306,890 
At 31 May 2023
731,890 
- 5 -
Off The Pegg Homes Ltd Notes to the Accounts for the year ended 31 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
26,236 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
104,761 
102,835 
Loans from directors
199 
(6,811)
Accruals
775 
715 
105,735 
96,739 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
533,475 
322,735 
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -