IRIS Accounts Production v24.2.0.383 08591805 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085918052022-12-31085918052023-12-31085918052023-01-012023-12-31085918052021-12-31085918052022-01-012022-12-31085918052022-12-3108591805ns15:EnglandWales2023-01-012023-12-3108591805ns14:PoundSterling2023-01-012023-12-3108591805ns10:Director12023-01-012023-12-3108591805ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108591805ns10:SmallEntities2023-01-012023-12-3108591805ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108591805ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108591805ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108591805ns10:AbridgedAccounts2023-01-012023-12-3108591805ns10:Director22023-01-012023-12-3108591805ns10:RegisteredOffice2023-01-012023-12-3108591805ns5:CurrentFinancialInstruments2023-12-3108591805ns5:CurrentFinancialInstruments2022-12-3108591805ns5:ShareCapital2023-12-3108591805ns5:ShareCapital2022-12-3108591805ns5:RetainedEarningsAccumulatedLosses2023-12-3108591805ns5:RetainedEarningsAccumulatedLosses2022-12-31
REGISTERED NUMBER: 08591805 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

PE ADVISORY LIMITED

PE ADVISORY LIMITED (REGISTERED NUMBER: 08591805)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


PE ADVISORY LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2023







DIRECTORS: P E Kelly
E Kelly





REGISTERED OFFICE: 7a Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 08591805 (England and Wales)

PE ADVISORY LIMITED (REGISTERED NUMBER: 08591805)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 4,000 4,000

CURRENT ASSETS
Debtors 43,000 70,000
Cash at bank 1,130,514 1,259,684
1,173,514 1,329,684
CREDITORS
Amounts falling due within one year 11,179 177,560
NET CURRENT ASSETS 1,162,335 1,152,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,166,335

1,156,124

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,166,235 1,156,024
SHAREHOLDERS' FUNDS 1,166,335 1,156,124

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:





P E Kelly - Director


PE ADVISORY LIMITED (REGISTERED NUMBER: 08591805)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

PE Advisory 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of management and consultancy services, excluding value added tax, performed during the year. Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Investments
Investments in shares are included at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2023
and 31 December 2023 4,000
NET BOOK VALUE
At 31 December 2023 4,000
At 31 December 2022 4,000

PE ADVISORY LIMITED (REGISTERED NUMBER: 08591805)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


5. RELATED PARTY DISCLOSURES

During the year ended 31 December 2023, PE Advisory Limited entered into the following transactions with related undertakings:

PE Advisory Ltd received dividends amounting to £137,800 (2022 - £149,800).
PE Advisory Ltd invoiced for management charges amounting to £35,000 (2022 - £26,500).

As at 31 December 2023, amounts due from related undertakings totalled £48,000 (2022 - £28,000).