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REGISTERED NUMBER: 10297289 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

PEPPER GROUP LIMITED

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEPPER GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: T M Pepper
Mrs G M Pepper





SECRETARY: T M Pepper





REGISTERED OFFICE: The Old Grainbarn
Hill Green
Clavering
Saffron Walden
Essex
CB11 4QS





REGISTERED NUMBER: 10297289 (England and Wales)





ACCOUNTANTS: Solazzo & Co Ltd
Chartered Accountants
Woodlands,
27 Ferney Road
Cheshunt
Hertfordshire
EN7 6XQ

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 67,009 72,292

CURRENT ASSETS
Stocks 20,000 25,000
Debtors 5 196,207 70,955
Cash at bank 107,788 115,605
323,995 211,560
CREDITORS
Amounts falling due within one year 6 235,941 127,676
NET CURRENT ASSETS 88,054 83,884
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,063

156,176

CREDITORS
Amounts falling due after more than one
year

7

(65,228

)

(57,487

)

PROVISIONS FOR LIABILITIES 8 (16,753 ) -
NET ASSETS 73,082 98,689

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 72,982 98,589
73,082 98,689

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

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

The directors acknowledge their 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.

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

BALANCE SHEET - continued
31 JULY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by:





T M Pepper - Director


PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Pepper Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 63,112 - 62,665 5,374 131,151
Additions 9,434 400 25,200 287 35,321
Disposals (21,000 ) - - - (21,000 )
At 31 July 2024 51,546 400 87,865 5,661 145,472
DEPRECIATION
At 1 August 2023 35,093 - 19,979 3,787 58,859
Charge for year 7,120 100 16,972 662 24,854
Eliminated on disposal (5,250 ) - - - (5,250 )
At 31 July 2024 36,963 100 36,951 4,449 78,463
NET BOOK VALUE
At 31 July 2024 14,583 300 50,914 1,212 67,009
At 31 July 2023 28,019 - 42,686 1,587 72,292

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023 48,000
Additions 25,200
At 31 July 2024 73,200
DEPRECIATION
At 1 August 2023 15,469
Charge for year 14,433
At 31 July 2024 29,902
NET BOOK VALUE
At 31 July 2024 43,298
At 31 July 2023 32,531

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 46,236 31,672
Other debtors 59,591 19
Directors' current accounts 77,591 29,582
Corporation tax recoverable - 1,687
Prepayments and accrued income 12,789 7,995
196,207 70,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 5,556 5,556
Hire purchase contracts 10,715 5,869
Trade creditors 64,581 9,159
Corporation tax 84,974 35,800
Social security and other taxes 48,400 50,349
Other creditors 479 9,313
Accruals and deferred income 21,236 11,630
235,941 127,676

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans - 1-2 years 5,556 5,556
Bank loans - 2-5 years 16,667 16,667
Bank loans more 5 yr by instal 6,018 11,574
Hire purchase contracts 36,987 23,690
65,228 57,487

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,018 11,574

8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 16,753 -

Deferred
tax
£   
Accelerated capital allowances 16,753
Balance at 31 July 2024 16,753

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mrs G M Pepper and T M Pepper
Balance outstanding at start of year 29,582 21,372
Amounts advanced 416,030 223,178
Amounts repaid (368,021 ) (214,968 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 77,591 29,582

PEPPER GROUP LIMITED (REGISTERED NUMBER: 10297289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

10. RELATED PARTY DISCLOSURES

Included within debtors is a loan due from Tom Pepper Estates Ltd amounting to £53,641. The loans are interest free and repayable on demand. Tom Pepper Estates Ltd is a company wholly controlled by T M Pepper.