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Company Registration No. 11843581 (England and Wales)
Peregrine Services (Bristol) Ltd Unaudited accounts for the year ended 31 May 2024
Peregrine Services (Bristol) Ltd Unaudited accounts Contents
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Peregrine Services (Bristol) Ltd Company Information for the year ended 31 May 2024
Directors
D Fellick C Hamilton
Company Number
11843581 (England and Wales)
Registered Office
145-147 EAST STREET BEDMINSTER BRISTOL BS3 4EJ ENGLAND
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Peregrine Services (Bristol) Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,824 
41,749 
Current assets
Debtors
312 
3,726 
Cash at bank and in hand
9,136 
6,366 
9,448 
10,092 
Creditors: amounts falling due within one year
(38,907)
(55,899)
Net current liabilities
(29,459)
(45,807)
Total assets less current liabilities
(635)
(4,058)
Creditors: amounts falling due after more than one year
(13,141)
(18,758)
Provisions for liabilities
Deferred tax
(7,206)
(10,437)
Net liabilities
(20,982)
(33,253)
Capital and reserves
Called up share capital
120 
120 
Profit and loss account
(21,102)
(33,373)
Shareholders' funds
(20,982)
(33,253)
For the year ending 31 May 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 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 24 October 2024 and were signed on its behalf by
D Fellick Director Company Registration No. 11843581
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Peregrine Services (Bristol) Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Peregrine Services (Bristol) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11843581. The registered office is 145-147 EAST STREET, BEDMINSTER, BRISTOL, BS3 4EJ, 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
over 5 years on a straight line basis
Motor vehicles
25% on a reducing balance basis
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
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. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Peregrine Services (Bristol) Ltd Notes to the Accounts for the year ended 31 May 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
19,409 
57,590 
76,999 
At 31 May 2024
19,409 
57,590 
76,999 
Depreciation
At 1 June 2023
13,830 
21,420 
35,250 
Charge for the year
3,882 
9,043 
12,925 
At 31 May 2024
17,712 
30,463 
48,175 
Net book value
At 31 May 2024
1,697 
27,127 
28,824 
At 31 May 2023
5,579 
36,170 
41,749 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
121 
248 
Other debtors
191 
3,478 
312 
3,726 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,335 
1,222 
Obligations under finance leases and hire purchase contracts
5,617 
5,211 
Trade creditors
5,293 
4,876 
Taxes and social security
76 
- 
Other creditors
739 
2,018 
Loans from directors
24,097 
40,822 
Accruals
1,750 
1,750 
38,907 
55,899 
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Peregrine Services (Bristol) Ltd Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
13,141 
18,758 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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