Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07556019 Mr James Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07556019 2022-12-31 07556019 2023-12-31 07556019 2023-01-01 2023-12-31 07556019 frs-core:CurrentFinancialInstruments 2023-12-31 07556019 frs-core:Non-currentFinancialInstruments 2023-12-31 07556019 frs-core:FurnitureFittings 2023-12-31 07556019 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07556019 frs-core:FurnitureFittings 2022-12-31 07556019 frs-core:ShareCapital 2023-12-31 07556019 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07556019 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07556019 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07556019 frs-bus:SmallEntities 2023-01-01 2023-12-31 07556019 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07556019 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07556019 frs-bus:Director1 2023-01-01 2023-12-31 07556019 frs-countries:EnglandWales 2023-01-01 2023-12-31 07556019 2021-12-31 07556019 2022-12-31 07556019 2022-01-01 2022-12-31 07556019 frs-core:CurrentFinancialInstruments 2022-12-31 07556019 frs-core:Non-currentFinancialInstruments 2022-12-31 07556019 frs-core:ShareCapital 2022-12-31 07556019 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07556019
PEGASUS MEDICAL LOCUMS LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2023
More Than Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07556019
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 61,465 77,265
Cash at bank and in hand 2,889 6,292
64,354 83,557
Creditors: Amounts Falling Due Within One Year 6 (738 ) (11,737 )
NET CURRENT ASSETS (LIABILITIES) 63,616 71,820
TOTAL ASSETS LESS CURRENT LIABILITIES 63,616 71,820
Creditors: Amounts Falling Due After More Than One Year 7 (39,661 ) (43,383 )
NET ASSETS 23,955 28,437
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 23,953 28,435
SHAREHOLDERS' FUNDS 23,955 28,437
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Walker
Director
21/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PEGASUS MEDICAL LOCUMS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 07556019 . The registered office is Townend House, 3rd Floor, Park Street, Walsall, WS1 1NS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 0%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 24,552
As at 31 December 2023 24,552
Depreciation
As at 1 January 2023 24,552
As at 31 December 2023 24,552
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 -
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by group undertakings 61,465 77,265
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1
Director's loan account 738 11,736
738 11,737
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 39,661 43,383
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 4