IRIS Accounts Production v24.2.0.383 11504249 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh115042492023-02-28115042492024-02-29115042492023-03-012024-02-29115042492022-02-28115042492022-03-012023-02-28115042492023-02-2811504249ns15:EnglandWales2023-03-012024-02-2911504249ns14:PoundSterling2023-03-012024-02-2911504249ns10:Director12023-03-012024-02-2911504249ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911504249ns10:SmallEntities2023-03-012024-02-2911504249ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2911504249ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911504249ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911504249ns10:FullAccounts2023-03-012024-02-2911504249ns10:Director22023-03-012024-02-2911504249ns10:RegisteredOffice2023-03-012024-02-2911504249ns5:CurrentFinancialInstruments2024-02-2911504249ns5:CurrentFinancialInstruments2023-02-2811504249ns5:Non-currentFinancialInstruments2024-02-2911504249ns5:Non-currentFinancialInstruments2023-02-2811504249ns5:ShareCapital2024-02-2911504249ns5:ShareCapital2023-02-2811504249ns5:RetainedEarningsAccumulatedLosses2024-02-2911504249ns5:RetainedEarningsAccumulatedLosses2023-02-2811504249ns5:PlantMachinery2023-02-2811504249ns5:PlantMachinery2023-03-012024-02-2911504249ns5:PlantMachinery2024-02-2911504249ns5:PlantMachinery2023-02-2811504249ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2911504249ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 11504249 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Pegler Relocations Limited

Pegler Relocations Limited (Registered number: 11504249)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pegler Relocations Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs T A Pegler
M D Pegler





REGISTERED OFFICE: 16 Beaufort Court
Admirals Way
Docklands
London
E14 9XL





REGISTERED NUMBER: 11504249 (England and Wales)





ACCOUNTANTS: RBS Accountants Limited
16 Beaufort Court
Admirals Way
London
Docklands
London
E14 9XL

Pegler Relocations Limited (Registered number: 11504249)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,498 92,941

CURRENT ASSETS
Debtors 5 325,373 202,886
Cash at bank - 1,271
325,373 204,157
CREDITORS
Amounts falling due within one year 6 372,882 242,336
NET CURRENT LIABILITIES (47,509 ) (38,179 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,989

54,762

CREDITORS
Amounts falling due after more than one
year

7

12,500

54,389
NET ASSETS 489 373

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 389 273
489 373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Pegler Relocations Limited (Registered number: 11504249)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





M D Pegler - Director


Pegler Relocations Limited (Registered number: 11504249)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Pegler Relocations Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 25 ) .

Pegler Relocations Limited (Registered number: 11504249)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 210,548
DEPRECIATION
At 1 March 2023 117,607
Charge for year 32,443
At 29 February 2024 150,050
NET BOOK VALUE
At 29 February 2024 60,498
At 28 February 2023 92,941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 29,705 12,294
Amounts owed by group undertakings 127,218 74,542
Other debtors 168,450 116,050
325,373 202,886

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 11,654 -
Hire purchase contracts 23,151 24,934
Trade creditors 58,471 64,686
Amounts owed to group undertakings 174,553 68,933
Taxation and social security 95,053 73,783
Other creditors 10,000 10,000
372,882 242,336

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 12,500 22,500
Hire purchase contracts - 31,889
12,500 54,389

8. SECURED DEBTS

HSBC UK has a fixed and floating charge over the assets of the company. The charge was registered on 23 May 2019.

Pegler Relocations Limited (Registered number: 11504249)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. RELATED PARTY DISCLOSURES

During the year the company declared dividends of £125,000 to Pegler Group Limited

10. ULTIMATE CONTROLLING PARTY

The controlling party is Pegler Group Limited.

The ultimate controlling party is Mr M Pegler & Mrs T Pegler.