Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08763829 2023-05-01 2024-04-30 08763829 2022-05-01 2023-04-30 08763829 2024-04-30 08763829 2023-04-30 08763829 c:Director1 2023-05-01 2024-04-30 08763829 d:CurrentFinancialInstruments 2024-04-30 08763829 d:CurrentFinancialInstruments 2023-04-30 08763829 d:Non-currentFinancialInstruments 2024-04-30 08763829 d:Non-currentFinancialInstruments 2023-04-30 08763829 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08763829 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08763829 d:ShareCapital 2024-04-30 08763829 d:ShareCapital 2023-04-30 08763829 d:RevaluationReserve 2024-04-30 08763829 d:RevaluationReserve 2023-04-30 08763829 d:OtherMiscellaneousReserve 2024-04-30 08763829 d:OtherMiscellaneousReserve 2023-04-30 08763829 d:RetainedEarningsAccumulatedLosses 2024-04-30 08763829 d:RetainedEarningsAccumulatedLosses 2023-04-30 08763829 c:OrdinaryShareClass2 2023-05-01 2024-04-30 08763829 c:OrdinaryShareClass2 2024-04-30 08763829 c:OrdinaryShareClass2 2023-04-30 08763829 c:OrdinaryShareClass3 2023-05-01 2024-04-30 08763829 c:OrdinaryShareClass3 2024-04-30 08763829 c:OrdinaryShareClass3 2023-04-30 08763829 c:FRS102 2023-05-01 2024-04-30 08763829 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08763829 c:FullAccounts 2023-05-01 2024-04-30 08763829 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08763829 2 2023-05-01 2024-04-30 08763829 5 2023-05-01 2024-04-30 08763829 6 2023-05-01 2024-04-30 08763829 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08763829










A D PEGG LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
A D PEGG LIMITED
REGISTERED NUMBER: 08763829

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
542,980
386,729

  
542,980
386,729

Current assets
  

Debtors: amounts falling due after more than one year
 5 
273,446
691,047

Cash at bank and in hand
 6 
45,633
20,033

  
319,079
711,080

Creditors: amounts falling due within one year
 7 
(103,285)
(57,404)

Net current assets
  
 
 
215,794
 
 
653,676

Total assets less current liabilities
  
758,774
1,040,405

  

Net assets
  
758,774
1,040,405


Capital and reserves
  

Called up share capital 
 8 
3
3

Revaluation reserve
  
6,121
6,525

Other reserves
  
271,885
689,081

Profit and loss account
  
480,765
344,796

  
758,774
1,040,405


Page 1

 
A D PEGG LIMITED
REGISTERED NUMBER: 08763829
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with 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 by: 




A D Pegg
Director

Date: 23 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
A D PEGG LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

A D Pegg Limited, 08763829, is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Lanyon Bowdler, Kendal Court, Ironmasters Way, Telford, Shropshire, TF3 4DT. 

2.Accounting policies

 
2.1

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

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:

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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.


Page 3

 
A D PEGG LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.7

Valuation of investments

Investments held as fixed assets are shown as cost less provision for impairment. Investments are stated at cost, plus allocated profits, less drawings to date, plus any revaluations. 

 
2.8

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.

 
2.9

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.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
A D PEGG LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 May 2023
386,730


Additions
156,249



At 30 April 2024
542,979





5.


Debtors

2024
2023
£
£

Due after more than one year

Due from participating interests
273,446
691,047

273,446
691,047



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
45,633
20,033

45,633
20,033


Page 5

 
A D PEGG LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
85,094
37,899

Other creditors
17,423
18,761

Accruals and deferred income
768
744

103,285
57,404


A D Pegg Limited entered into a loan agreement with Barclays Bank UK PLC on 12 October 2015. Barclays Bank UK PLC have a fixed and floating charge over all undertakings and assets of the company as a result of this agreement.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



270 (2023 - 270) Ordinary A shares of £0.01 each
2.70
2.70
30 (2023 - 30) Ordinary B shares of £0.01 each
0.30
0.30

3.00

3.00


 
Page 6