Company Registration No. 11233917 (England and Wales)
Pegasus Wellbeing Ltd
Unaudited accounts
for the year ended 31 March 2024
Pegasus Wellbeing Ltd
Unaudited accounts
Contents
Pegasus Wellbeing Ltd
Company Information
for the year ended 31 March 2024
Company Number
11233917 (England and Wales)
Registered Office
52 Kendrick Grove
Birmingham
B28 0GD
Pegasus Wellbeing Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
2,801
612
Creditors: amounts falling due within one year
(5,501)
(2,024)
Net current liabilities
(628)
(653)
Net assets/(liabilities)
50
(653)
Called up share capital
100
100
Profit and loss account
(50)
(753)
Shareholders' funds
50
(653)
For the year ending 31 March 2024 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 director acknowledges her 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 and authorised for issue on 14 October 2024 and were signed on its behalf by
Sobia Iqbal
Director
Company Registration No. 11233917
Pegasus Wellbeing Ltd
Notes to the Accounts
for the year ended 31 March 2024
Pegasus Wellbeing Ltd is a private company, limited by shares, registered in England and Wales, registration number 11233917. The registered office is 52 Kendrick Grove , Birmingham, B28 0GD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Fixtures & fittings
Straight line over 3 years
Computer equipment
Straight line over 5 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,627
-
1,627
At 31 March 2024
2,186
184
2,370
At 1 April 2023
1,627
-
1,627
Charge for the year
62
3
65
At 31 March 2024
1,689
3
1,692
At 31 March 2024
497
181
678
Pegasus Wellbeing Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
132
189
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
5,176
1,724
Limited company owes the director £5176.45 at 31/03/24 (31/03/23 - £1724.45). This is an interest free loan, repayable on demand.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).