Company Registration No. 14503806 (England and Wales)
Pepper Castle Ltd
Unaudited accounts
for the period from 24 November 2022 to 30 November 2023
Pepper Castle Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
7
Creditors: amounts falling due within one year
(27,635)
Net current liabilities
(22,028)
Capital contribution reserve
86,850
Profit and loss account
(85,679)
For the period ending 30 November 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 15 November 2024 and were signed on its behalf by
Anes Mezhukatil Kunjumuhammed
Director
Company Registration No. 14503806
Pepper Castle Ltd
Notes to the Accounts
for the period from 24 November 2022 to 30 November 2023
Pepper Castle Ltd is a private company, limited by shares, registered in England and Wales, registration number 14503806.
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 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.
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 to write off the assets over their estimated useful lives:
The assets residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of comprehensive income.
Plant & Machinery: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20%
Fixtures & Fittings: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20%
Computer Equipment: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 24 November 2022
-
-
-
-
Additions
16,700
8,050
1,600
26,350
At 30 November 2023
16,700
8,050
1,600
26,350
Charge for the period
2,100
900
150
3,150
At 30 November 2023
2,100
900
150
3,150
At 30 November 2023
14,600
7,150
1,450
23,200
Pepper Castle Ltd
Notes to the Accounts
for the period from 24 November 2022 to 30 November 2023
Amounts falling due within one year
Accrued income and prepayments
5,600
6
Creditors: amounts falling due within one year
2023
Taxes and social security
4,745
Loans from directors
22,250
7
Average number of employees
During the period the average number of employees was 2.