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REGISTERED NUMBER: 14823231 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st August 2024

for

Peregal Property Limited

Peregal Property Limited (Registered number: 14823231)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Peregal Property Limited (Registered number: 14823231)

Balance Sheet
31st August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Investments 4 1,000 1,000
Cash at bank 968 -
1,968 1,000
CREDITORS
Amounts falling due within one year 5 2,998 1,098
NET CURRENT LIABILITIES (1,030 ) (98 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,030

)

(98

)

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings (2,030 ) (1,098 )
SHAREHOLDERS' FUNDS (1,030 ) (98 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th March 2025 and were signed by:





Dr R K Mohindra - Director


Peregal Property Limited (Registered number: 14823231)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. COMPANY INFORMATION

Peregal Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14823231

Registered office: Second Floor
The Lexicon
Mount Street
Manchester
M2 5NT

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investment
Interest in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CURRENT ASSET INVESTMENTS

On 14 June 2023, Peregal Property Limited acquired the entire issued share capital of Emedlaw Limited as part of a share for share exchange. This investment is recognised in the financial statements at cost.

Peregal Property Limited (Registered number: 14823231)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other creditors 1,588 -
Directors' current accounts 816 504
Accrued expenses 594 594
2,998 1,098

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1,000 Ordinary A £1 1,000 1,000

The A Shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31st August 2024 and the period ended 31st August 2023:

31.8.24 31.8.23
£    £   
Dr R K Mohindra
Balance outstanding at start of year (504 ) -
Amounts advanced - 1
Amounts repaid (312 ) (505 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (816 ) (504 )

8. RELATED PARTY DISCLOSURES

Included in Other creditors is a balance of £1,588 due to Emedlaw Limited, a company in which Dr Mohindra has a controlling interest. All transactions were made on an arms length basis.

9. CONTROLLING PARTY

The controlling party is Dr R K Mohindra.