Company Registration No. 09987975 (England and Wales)
Pegasus Property Group Limited
Unaudited accounts
for the year ended 28 February 2025
Pegasus Property Group Limited
Unaudited accounts
Contents
Pegasus Property Group Limited
Company Information
for the year ended 28 February 2025
Company Number
09987975 (England and Wales)
Registered Office
Jsm
Brightfield Business Hub Bakewell Road
Orton Southgate
Peterborough
PE2 6XU
United Kingdom
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
Pegasus Property Group Limited
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
6,614
10,086
Creditors: amounts falling due within one year
(35,552)
(33,283)
Net current assets
156,691
157,947
Total assets less current liabilities
156,941
158,197
Creditors: amounts falling due after more than one year
(33,557)
(33,350)
Net assets
123,384
124,847
Called up share capital
100
100
Profit and loss account
123,284
124,747
Shareholders' funds
123,384
124,847
For the year ending 28 February 2025 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 14 April 2025 and were signed on its behalf by
John Colclough
Director
Company Registration No. 09987975
Pegasus Property Group Limited
Notes to the Accounts
for the year ended 28 February 2025
Pegasus Property Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09987975. The registered office is Jsm, Brightfield Business Hub Bakewell Road, Orton Southgate, Peterborough, PE2 6XU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 March 2024
250
Valuation at 28 February 2025
250
Amounts falling due within one year
Amounts due from group undertakings etc.
140,323
107,495
Other debtors
45,306
73,649
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
5,555
Taxes and social security
3,284
3,284
Loans from directors
23,868
23,868
7
Creditors: amounts falling due after more than one year
2025
2024
Pegasus Property Group Limited
Notes to the Accounts
for the year ended 28 February 2025
During the year loans totalling £23,868 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).