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Company Registration No. 13823189 (England and Wales)
Pegs2006 Limited Unaudited accounts for the year ended 31 December 2024
Pegs2006 Limited Unaudited accounts Contents
Page
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Pegs2006 Limited Company Information for the year ended 31 December 2024
Director
Georgi SEMENLIEV
Company Number
13823189 (England and Wales)
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Pegs2006 Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
87,934 
31,402 
Current assets
Cash at bank and in hand
33,646 
12,449 
Creditors: amounts falling due within one year
(25,658)
(12,321)
Net current assets
7,988 
128 
Total assets less current liabilities
95,922 
31,530 
Creditors: amounts falling due after more than one year
(87,065)
(27,107)
Net assets
8,857 
4,423 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,856 
4,422 
Shareholders' funds
8,857 
4,423 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 5 March 2025 and were signed on its behalf by
Georgi SEMENLIEV Director Company Registration No. 13823189
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Pegs2006 Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Pegs2006 Limited is a private company, limited by shares, registered in England and Wales, registration number 13823189.
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.
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
38,267 
Additions
76,084 
At 31 December 2024
114,351 
Depreciation
At 1 January 2024
6,865 
Charge for the year
19,552 
At 31 December 2024
26,417 
Net book value
At 31 December 2024
87,934 
At 31 December 2023
31,402 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,214 
11,413 
Taxes and social security
2,340 
908 
Other creditors
1,356 
- 
Loans from directors
8,748 
- 
25,658 
12,321 
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Pegs2006 Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
47,565 
27,107 
Obligations under finance leases and hire purchase contracts
39,500 
- 
87,065 
27,107 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
- 
Shares issued during the period:
1 Ordinary shares of £1 each
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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