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Company Registration No. 05084012 (England and Wales)
Peggy Porschen Cakes Ltd Unaudited accounts for the year ended 31 December 2023
Peggy Porschen Cakes Ltd Unaudited accounts Contents
Page
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Peggy Porschen Cakes Ltd Company Information for the year ended 31 December 2023
Directors
Peggy Maria Blandine Morrow Bryn Robert Gwyn Morrow
Secretary
Peggy Maria Blandine Morrow
Company Number
05084012 (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 Cakes Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,927 
31,166 
Current assets
Inventories
32,472 
32,472 
Debtors
153,810 
508,414 
186,282 
540,886 
Creditors: amounts falling due within one year
(174,523)
(269,389)
Net current assets
11,759 
271,497 
Total assets less current liabilities
16,686 
302,663 
Creditors: amounts falling due after more than one year
(476,577)
(726,908)
Net liabilities
(459,891)
(424,245)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(459,991)
(424,345)
Shareholders' funds
(459,891)
(424,245)
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 10 September 2024 and were signed on its behalf by
Peggy Maria Blandine Morrow Director Company Registration No. 05084012
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Peggy Porschen Cakes Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Peggy Porschen Cakes Ltd is a private company, limited by shares, registered in England and Wales, registration number 05084012. 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:
Land & buildings
Over the remaining terms of the lease
Plant & machinery
20% Straight line
Fixtures & fittings
25% Straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
186,873 
210,150 
397,023 
At 31 December 2023
186,873 
210,150 
397,023 
Depreciation
At 1 January 2023
163,259 
202,598 
365,857 
Charge for the year
18,687 
7,552 
26,239 
At 31 December 2023
181,946 
210,150 
392,096 
Net book value
At 31 December 2023
4,927 
- 
4,927 
At 31 December 2022
23,614 
7,552 
31,166 
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Peggy Porschen Cakes Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,478 
11,692 
Trade debtors
45,967 
59,509 
Amounts due from group undertakings etc.
17,751 
- 
Accrued income and prepayments
34,608 
405 
Other debtors
53,006 
53,106 
153,810 
124,712 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
383,702 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
48,989 
53,902 
Trade creditors
60,120 
72,993 
Taxes and social security
48,046 
124,257 
Other creditors
13,594 
6,902 
Loans from directors
- 
9,335 
Accruals
3,774 
2,000 
174,523 
269,389 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
390,671 
657,540 
Amounts owed to group undertakings and other participating interests
85,906 
69,368 
476,577 
726,908 
8
Average number of employees
During the year the average number of employees was 13 (2022: 0).
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