Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312017-05-102017-05-102024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity00falsefalsefalse 08966370 2023-04-01 2024-03-31 08966370 2022-04-01 2023-03-31 08966370 2024-03-31 08966370 2023-03-31 08966370 2022-04-01 08966370 2 2023-04-01 2024-03-31 08966370 2 2022-04-01 2023-03-31 08966370 d:CompanySecretary1 2023-04-01 2024-03-31 08966370 d:Director1 2023-04-01 2024-03-31 08966370 d:Director1 2024-03-31 08966370 d:Director2 2023-04-01 2024-03-31 08966370 d:Director2 2024-03-31 08966370 d:RegisteredOffice 2023-04-01 2024-03-31 08966370 e:Buildings 2023-04-01 2024-03-31 08966370 e:Buildings 2024-03-31 08966370 e:Buildings 2023-03-31 08966370 e:LandBuildings 2024-03-31 08966370 e:LandBuildings 2023-03-31 08966370 e:CurrentFinancialInstruments 2024-03-31 08966370 e:CurrentFinancialInstruments 2023-03-31 08966370 e:Non-currentFinancialInstruments 2024-03-31 08966370 e:Non-currentFinancialInstruments 2023-03-31 08966370 e:CurrentFinancialInstruments e:WithinOneYear 2024-03-31 08966370 e:CurrentFinancialInstruments e:WithinOneYear 2023-03-31 08966370 e:Non-currentFinancialInstruments e:AfterOneYear 2024-03-31 08966370 e:Non-currentFinancialInstruments e:AfterOneYear 2023-03-31 08966370 e:Non-currentFinancialInstruments e:MoreThanFiveYears 2024-03-31 08966370 e:Non-currentFinancialInstruments e:MoreThanFiveYears 2023-03-31 08966370 e:ShareCapital 2023-04-01 2024-03-31 08966370 e:ShareCapital 2024-03-31 08966370 e:ShareCapital 2022-04-01 2023-03-31 08966370 e:ShareCapital 2023-03-31 08966370 e:ShareCapital 2022-04-01 08966370 e:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 08966370 e:RetainedEarningsAccumulatedLosses 2024-03-31 08966370 e:RetainedEarningsAccumulatedLosses 2 2023-04-01 2024-03-31 08966370 e:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 08966370 e:RetainedEarningsAccumulatedLosses 2023-03-31 08966370 e:RetainedEarningsAccumulatedLosses 2022-04-01 08966370 e:RetainedEarningsAccumulatedLosses 2 2022-04-01 2023-03-31 08966370 d:FRS102 2023-04-01 2024-03-31 08966370 d:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08966370 d:FullAccounts 2023-04-01 2024-03-31 08966370 d:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08966370 e:ShareCapital 2 2023-04-01 2024-03-31 08966370 e:ShareCapital 2 2022-04-01 2023-03-31 08966370 f:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 08966370









PEGRAM PROPERTIES LIMITED







UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
PEGRAM PROPERTIES LIMITED
 
 
COMPANY INFORMATION


Directors
Alexander George Pegram (appointed 28 March 2014)
Katie Jane Pegram (appointed 10 May 2017)




Company secretary
No company secretary



Registered number
08966370



Registered office
10 Gloucester Way

Chichester

West Sussex

PO19 5DL





 
PEGRAM PROPERTIES LIMITED
 

CONTENTS



Page
Directors' Report
1
Accountants' Report
2
Statement of Comprehensive Income
3
Balance Sheet
4 - 5
Statement of Changes in Equity
6 - 7
Notes to the Financial Statements
8 - 11


 
PEGRAM PROPERTIES LIMITED
 
 
 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

Directors

The directors who served during the year were:

Alexander George Pegram (appointed 28 March 2014)
Katie Jane Pegram (appointed 10 May 2017)

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 20 December 2024 and signed on its behalf.
 





Alexander George Pegram
Director

Page 1

 
PEGRAM PROPERTIES LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PEGRAM PROPERTIES LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PEGRAM PROPERTIES LIMITED for the year ended 31 March 2024 which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants UKwe are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

It is your duty to ensure that PEGRAM PROPERTIES LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PEGRAM PROPERTIES LIMITED. You consider that PEGRAM PROPERTIES LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of PEGRAM PROPERTIES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kolade Andrew Alli ACMA
 
The ARK Financial Management Consultants Ltd
10 Gatcombe Gardens
West End Hampshire
SO18 3NA
20 December 2024
Page 2

 
PEGRAM PROPERTIES LIMITED
 
 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2024

2024
2023
Note
£
£

  

Turnover
  
40,975
36,622

Gross profit
  
40,975
36,622

Administrative expenses
  
(23,259)
(25,070)

Operating profit
  
17,716
11,552

Tax on profit
  
(3,543)
(2,195)

Profit for the financial year
  
14,173
9,357

Other comprehensive income for the year
  

Total comprehensive income for the year
  
14,173
9,357

The notes on pages 8 to 11 form part of these financial statements.

Page 3

 
PEGRAM PROPERTIES LIMITED
REGISTERED NUMBER: 08966370

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
691,247
691,247

  
691,247
691,247

Current assets
  

Cash at bank and in hand
 4 
903
450

  
903
450

Creditors: amounts falling due within one year
 5 
(3,543)
(2,195)

Net current liabilities
  
 
 
(2,640)
 
 
(1,745)

Total assets less current liabilities
  
688,607
689,502

Creditors: amounts falling due after more than one year
 6 
(600,139)
(618,679)

  

Net assets
  
88,468
70,823


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
88,368
70,723

  
88,468
70,823


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 December 2024.




Alexander George Pegram
Director

The notes on pages 8 to 11 form part of these financial statements.
Page 4

 
PEGRAM PROPERTIES LIMITED
REGISTERED NUMBER: 08966370
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


Page 5

 
PEGRAM PROPERTIES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
100
70,723
70,823


Comprehensive income for the year

Profit for the year

-
14,173
14,173


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
14,173
14,173


Contributions by and distributions to owners

Other movement type 1
-
3,472
3,472


Total transactions with owners
-
3,472
3,472


At 31 March 2024
100
88,368
88,468


The notes on pages 8 to 11 form part of these financial statements.

Page 6

 
PEGRAM PROPERTIES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022
100
57,472
57,572


Comprehensive income for the year

Profit for the year

-
9,357
9,357


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
9,357
9,357


Contributions by and distributions to owners

Other movement type 1
-
3,894
3,894


Total transactions with owners
-
3,894
3,894


At 31 March 2023
100
70,723
70,823


The notes on pages 8 to 11 form part of these financial statements.

Page 7

 
PEGRAM PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 8

 
PEGRAM PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
1.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-

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 profit or loss.

 
1.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


2.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

Page 9

 
PEGRAM PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 April 2023
691,247



At 31 March 2024

691,247






Net book value



At 31 March 2024
691,247



At 31 March 2023
691,247




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Freehold
691,247
691,247

691,247
691,247



4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
903
450

903
450



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
3,543
2,195

3,543
2,195


Page 10

 
PEGRAM PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
512,253
512,253

Other loans
87,886
106,426

600,139
618,679



7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
512,253
512,253

Other loans
87,886
106,426

600,139
618,679

600,139
618,679


Page 11