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Company Registration No. 08962243 (England and Wales)
Pegasus Lift Truck Training Ltd Unaudited accounts for the year ended 31 May 2024
Pegasus Lift Truck Training Ltd Unaudited accounts Contents
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Pegasus Lift Truck Training Ltd Company Information for the year ended 31 May 2024
Directors
Giuseppe Girardi Dawn Girardi
Company Number
08962243 (England and Wales)
Registered Office
15 MALLARD CLOSE HIGHAM FERRERS RUSHDEN NN10 8JG ENGLAND
Accountants
Kate Brown The Annexe, Rectory Farm Cranford Road Great Addington, Kettering Northants NN14 4BQ
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Pegasus Lift Truck Training Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,247 
3,397 
Current assets
Debtors
70,152 
51,445 
Cash at bank and in hand
160,442 
127,414 
230,594 
178,859 
Creditors: amounts falling due within one year
(60,608)
(25,591)
Net current assets
169,986 
153,268 
Net assets
173,233 
156,665 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
173,133 
156,565 
Shareholders' funds
173,233 
156,665 
For the year ending 31 May 2024 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 6 February 2025 and were signed on its behalf by
Dawn Girardi Director Company Registration No. 08962243
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Pegasus Lift Truck Training Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Pegasus Lift Truck Training Ltd is a private company, limited by shares, registered in England and Wales, registration number 08962243. The registered office is 15 MALLARD CLOSE, HIGHAM FERRERS, RUSHDEN, NN10 8JG, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
33% reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Pegasus Lift Truck Training Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
9,877 
2,219 
12,096 
Additions
1,280 
- 
1,280 
At 31 May 2024
11,157 
2,219 
13,376 
Depreciation
At 1 June 2023
7,112 
1,587 
8,699 
Charge for the year
1,335 
95 
1,430 
At 31 May 2024
8,447 
1,682 
10,129 
Net book value
At 31 May 2024
2,710 
537 
3,247 
At 31 May 2023
2,765 
632 
3,397 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
70,152 
51,445 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,266 
(6,818)
Trade creditors
9,825 
5,054 
Taxes and social security
31,958 
25,899 
Other creditors
564 
565 
Loans from directors
415 
331 
Accruals
580 
560 
60,608 
25,591 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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