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
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
Peggy Porschen Cakes Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
4,927
31,166
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)
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
Peggy Porschen Cakes Ltd
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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
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
At 31 December 2023
4,927
-
4,927
At 31 December 2022
23,614
7,552
31,166
Peggy Porschen Cakes Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
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
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
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
8
Average number of employees
During the year the average number of employees was 13 (2022: 0).