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Company Registration No. 10411241 (England and Wales)
PEP Energy Limited Unaudited accounts for the year ended 31 October 2024
PEP Energy Limited Unaudited accounts Contents
Page
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PEP Energy Limited Company Information for the year ended 31 October 2024
Director
David Miles
Company Number
10411241 (England and Wales)
Registered Office
53 Bellingham Road Kendal LA9 5JY
Accountants
Kate King Accountancy Services ltd 33a Market Place Kendal Cumbria LA9 4TP
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PEP Energy Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,282 
12,777 
Current assets
Debtors
34,059 
10,724 
Cash at bank and in hand
98,533 
103,352 
132,592 
114,076 
Creditors: amounts falling due within one year
(71,259)
(83,792)
Net current assets
61,333 
30,284 
Net assets
78,615 
43,061 
Capital and reserves
Profit and loss account
78,615 
43,061 
Shareholders' funds
78,615 
43,061 
For the year ending 31 October 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 26 March 2025 and were signed on its behalf by
David Miles Director Company Registration No. 10411241
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PEP Energy Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
PEP Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 10411241. The registered office is 53 Bellingham Road, Kendal, LA9 5JY.
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:
Plant & machinery
25% SL
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
16,542 
6,373 
22,915 
Additions
7,701 
- 
7,701 
At 31 October 2024
24,243 
6,373 
30,616 
Depreciation
At 1 November 2023
4,135 
6,003 
10,138 
Charge for the year
3,016 
180 
3,196 
At 31 October 2024
7,151 
6,183 
13,334 
Net book value
At 31 October 2024
17,092 
190 
17,282 
At 31 October 2023
12,407 
370 
12,777 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,954 
10,724 
Amounts due from group undertakings etc.
2,105 
- 
34,059 
10,724 
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PEP Energy Limited Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
16,441 
7,267 
Trade creditors
13,572 
6,247 
Taxes and social security
19,833 
7,019 
Loans from directors
19,913 
61,759 
Accruals
1,500 
1,500 
71,259 
83,792 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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