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Company Registration No. 09123435 (England and Wales)
Peggy Porschen Group Limited Unaudited accounts for the year ended 31 December 2023
Peggy Porschen Group Limited Unaudited accounts Contents
Page
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Peggy Porschen Group Limited Company Information for the year ended 31 December 2023
Directors
Bryn Robert Gwyn Morrow Peggy Maria Blandine Morrow
Secretary
Bryn Robert Gwyn Morrow
Company Number
09123435 (England and Wales)
Registered Office
32 Madison Studios 101 Amies St London SW11 2JW England
Accountants
Williams Stanley and Co
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Peggy Porschen Group Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
293 
1,008 
Current assets
Debtors
1,311,335 
875,178 
Cash at bank and in hand
- 
351 
1,311,335 
875,529 
Creditors: amounts falling due within one year
(11,033)
(31,713)
Net current assets
1,300,302 
843,816 
Total assets less current liabilities
1,300,595 
844,824 
Creditors: amounts falling due after more than one year
(1,440,225)
(941,771)
Net liabilities
(139,630)
(96,947)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(139,730)
(97,047)
Shareholders' funds
(139,630)
(96,947)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by
Bryn Robert Gwyn Morrow Director Company Registration No. 09123435
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Peggy Porschen Group Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Peggy Porschen Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09123435. The registered office is 32 Madison Studios, 101 Amies St, London, SW11 2JW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% - Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
3,576 
At 31 December 2023
3,576 
Depreciation
At 1 January 2023
2,568 
Charge for the year
715 
At 31 December 2023
3,283 
Net book value
At 31 December 2023
293 
At 31 December 2022
1,008 
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Peggy Porschen Group Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
188 
812 
Trade debtors
7,884 
5,499 
Other debtors
31,815 
202 
39,887 
6,513 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,271,448 
868,665 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,953 
- 
Trade creditors
2,593 
1,736 
Loans from directors
3,487 
28,977 
Accruals
1,000 
1,000 
11,033 
31,713 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
574,760 
161,985 
Amounts owed to group undertakings and other participating interests
865,465 
779,786 
1,440,225 
941,771 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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