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REGISTERED NUMBER: 02531773 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

PEPS INTERNATIONAL LTD

PEPS INTERNATIONAL LTD (REGISTERED NUMBER: 02531773)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEPS INTERNATIONAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R K Perry





REGISTERED OFFICE: 8 Sanders Close
Finedon Road Industrial Estate
Wellingborough
Northamptonshire
NN8 4HQ





REGISTERED NUMBER: 02531773 (England and Wales)





ACCOUNTANTS: 80K Limited
59a Day's Lane
Biddenham
Bedford
Bedfordshire
MK40 4AE

PEPS INTERNATIONAL LTD (REGISTERED NUMBER: 02531773)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 514,761 383,787
Investments 5 3,501 4,501
518,262 388,288

CURRENT ASSETS
Stocks 647,457 692,214
Debtors 6 54,846 28,357
Cash at bank and in hand 170,119 121,407
872,422 841,978
CREDITORS
Amounts falling due within one year 7 (506,258 ) (510,144 )
NET CURRENT ASSETS 366,164 331,834
TOTAL ASSETS LESS CURRENT
LIABILITIES

884,426

720,122

CREDITORS
Amounts falling due after more than one
year

8

(266,457

)

(170,832

)
NET ASSETS 617,969 549,290

CAPITAL AND RESERVES
Called up share capital 7 7
Revaluation reserve 9 120,000 120,000
Retained earnings 497,962 429,283
SHAREHOLDERS' FUNDS 617,969 549,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PEPS INTERNATIONAL LTD (REGISTERED NUMBER: 02531773)

BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 May 2024 and were signed by:





R K Perry - Director


PEPS INTERNATIONAL LTD (REGISTERED NUMBER: 02531773)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

PEPS International Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on reducing balance, 25% on cost and 15% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 November 2022 280,000 286,990 566,990
Additions - 190,339 190,339
Disposals - (76,509 ) (76,509 )
At 31 October 2023 280,000 400,820 680,820
DEPRECIATION
At 1 November 2022 - 183,203 183,203
Charge for year - 40,880 40,880
Eliminated on disposal - (58,024 ) (58,024 )
At 31 October 2023 - 166,059 166,059
NET BOOK VALUE
At 31 October 2023 280,000 234,761 514,761
At 31 October 2022 280,000 103,787 383,787

PEPS INTERNATIONAL LTD (REGISTERED NUMBER: 02531773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 October 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2015 120,000 - 120,000
Cost 160,000 400,820 560,820
280,000 400,820 680,820

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 160,000 160,000

Value of land in freehold land and buildings 280,000 280,000

Freehold land and buildings were valued on an open market basis on 31 October 2023 by the director .

The net book value of tangible fixed assets includes £ 213,348 (2022 - £ 78,891 ) in respect of assets held under hire purchase contracts.

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 November 2022 4,501
Disposals (1,000 )
At 31 October 2023 3,501
NET BOOK VALUE
At 31 October 2023 3,501
At 31 October 2022 4,501

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 54,846 28,357

PEPS INTERNATIONAL LTD (REGISTERED NUMBER: 02531773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 32,020 22,983
Trade creditors 415,900 434,347
Taxation and social security 6,378 52,814
Other creditors 51,960 -
506,258 510,144

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 155,879 60,254
Other creditors 110,578 110,578
266,457 170,832

9. RESERVES
Revaluation
reserve
£   
At 1 November 2022
and 31 October 2023 120,000

10. ULTIMATE CONTROLLING PARTY

The controlling party is B K Perry.