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REGISTERED NUMBER: 14465657 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Marc Pegg Limited

Marc Pegg Limited (Registered number: 14465657)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Marc Pegg Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr Marc Pegg





REGISTERED OFFICE: Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 14465657 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Marc Pegg Limited (Registered number: 14465657)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 545 643

CURRENT ASSETS
Debtors 5 28,311 21,922
Cash at bank 304 293
28,615 22,215
CREDITORS
Amounts falling due within one year 6 8,610 2,228
NET CURRENT ASSETS 20,005 19,987
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,550

20,630

CREDITORS
Amounts falling due after more than one
year

7

20,000

20,000
NET ASSETS 550 630

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 450 530
SHAREHOLDERS' FUNDS 550 630

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

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

Marc Pegg Limited (Registered number: 14465657)

Balance Sheet - continued
31 March 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 director and authorised for issue on 18 September 2024 and were signed by:





Mr Marc Pegg - Director


Marc Pegg Limited (Registered number: 14465657)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Marc Pegg 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 represents the company's share of the profits of the partnership

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 756
DEPRECIATION
At 1 April 2023 113
Charge for year 98
At 31 March 2024 211
NET BOOK VALUE
At 31 March 2024 545
At 31 March 2023 643

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Due from partnership 27,694 21,633
Directors' current accounts 617 289
28,311 21,922

Marc Pegg Limited (Registered number: 14465657)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 7,698 1,328
Accruals and deferred income 912 900
8,610 2,228

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 20,000 20,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 20,000 20,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2024 and the period ended 31 March 2023:

2024 2023
£    £   
Mr Marc Pegg
Balance outstanding at start of year 289 -
Amounts advanced 46,962 7,097
Amounts repaid (46,634 ) (6,808 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 617 289

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2% per annum to 5th April 2023 and 2.25% thereafter.