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REGISTERED NUMBER: 09908149 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

PETEGRIFF CONSULTING LTD

PETEGRIFF CONSULTING LTD (REGISTERED NUMBER: 09908149)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PETEGRIFF CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: Mr P Griffin





REGISTERED OFFICE: Langdowns DFK
Clifton House
Bunnian Place
Basingstoke
Hampshire
RG21 7JE





REGISTERED NUMBER: 09908149 (England and Wales)






PETEGRIFF CONSULTING LTD (REGISTERED NUMBER: 09908149)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 438,012 414,775
Investment property 5 433,000 435,000
871,012 849,775

CURRENT ASSETS
Cash at bank 14,650 18,760

CREDITORS
Amounts falling due within one year 6 518,578 548,364
NET CURRENT LIABILITIES (503,928 ) (529,604 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

367,084

320,171

CAPITAL AND RESERVES
Called up share capital 7 1 1
Revaluation reserve 8 133,451 135,451
Retained earnings 233,632 184,719
SHAREHOLDERS' FUNDS 367,084 320,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 2nd August 2024 and were signed by:





Mr P Griffin - Director


PETEGRIFF CONSULTING LTD (REGISTERED NUMBER: 09908149)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Petegriff Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Investment property
Investment property is carried at fair value, derived from the current market prices for the comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments
Investments in shares are included at fair value.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

PETEGRIFF CONSULTING LTD (REGISTERED NUMBER: 09908149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


2. ACCOUNTING POLICIES - continued

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2023 414,775
Additions 29,479
Disposals (43,364 )
Revaluations 37,122
At 31st March 2024 438,012
NET BOOK VALUE
At 31st March 2024 438,012
At 31st March 2023 414,775

Cost or valuation at 31st March 2024 is represented by:

Other
investments
£   
Valuation in 2024 438,012

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023 435,000
Revaluations (2,000 )
At 31st March 2024 433,000
NET BOOK VALUE
At 31st March 2024 433,000
At 31st March 2023 435,000

Fair value at 31st March 2024 is represented by:
£   
Valuation in 2021 299,549
Valuation in 2022 120,451
Valuation in 2023 15,000
Valuation in 2024 (2,000 )
433,000

PETEGRIFF CONSULTING LTD (REGISTERED NUMBER: 09908149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,434 1,926
Other creditors 516,144 546,438
518,578 548,364

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Revaluation
reserve
£   
At 1st April 2023 135,451
Revaluation reserve (2,000 )

At 31st March 2024 133,451