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REGISTERED NUMBER: 03270294 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

PEP Claims Management Limited

PEP Claims Management Limited (Registered number: 03270294)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEP Claims Management Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: I K Anthony





SECRETARY: G C Reid





REGISTERED OFFICE: C/O Cansdales Business Advisers Limited
St Mary'S Court
The Broadway
Old Amersham
Bucks
HP7 0UT





REGISTERED NUMBER: 03270294 (England and Wales)





ACCOUNTANTS: Cansdales Business Advisers Limited
St Mary's Court
The Broadway
Old Amersham
Bucks
HP7 0UT

PEP Claims Management Limited (Registered number: 03270294)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,721 1,559
1,721 1,559

CURRENT ASSETS
Stocks 58,500 47,937
Debtors 6 44,687 45,572
Cash at bank 859 5,032
104,046 98,541
CREDITORS
Amounts falling due within one year 7 (77,180 ) (80,744 )
NET CURRENT ASSETS 26,866 17,797
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,587

19,356

CREDITORS
Amounts falling due after more than one
year

8

(12,992

)

(15,495

)

PROVISIONS FOR LIABILITIES (1,765 ) (4,126 )
NET ASSETS/(LIABILITIES) 13,830 (265 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 13,730 (365 )
SHAREHOLDERS' FUNDS 13,830 (265 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

PEP Claims Management Limited (Registered number: 03270294)

Balance Sheet - continued
30 September 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 director and authorised for issue on 26 June 2025 and were signed by:





I K Anthony - Director


PEP Claims Management Limited (Registered number: 03270294)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

PEP Claims Management 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
Revenue is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other sales related taxes . The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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

PEP Claims Management Limited (Registered number: 03270294)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 5,000
AMORTISATION
At 1 October 2023
and 30 September 2024 5,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 8,489 1,471 21,602 16,947 48,509
Additions - 736 - - 736
At 30 September 2024 8,489 2,207 21,602 16,947 49,245
DEPRECIATION
At 1 October 2023 8,489 1,471 21,328 15,662 46,950
Charge for year - 184 69 321 574
At 30 September 2024 8,489 1,655 21,397 15,983 47,524
NET BOOK VALUE
At 30 September 2024 - 552 205 964 1,721
At 30 September 2023 - - 274 1,285 1,559

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,187 13,400
Other debtors 7,789 7,789
Directors' current accounts 23,711 23,900
Prepayments - 483
44,687 45,572

PEP Claims Management Limited (Registered number: 03270294)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,498 2,436
Trade creditors (2,580 ) (2,413 )
Corporation tax 12,398 10,921
Social security and other tax 46,809 56,215
VAT 15,850 11,380
Accrued expenses 2,205 2,205
77,180 80,744

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 2,561 2,498
Bank loans - 2-5 years 10,431 12,997
12,992 15,495

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary share capital 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 October 2023 (365 )
Profit for the year 14,095
At 30 September 2024 13,730

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
I K Anthony
Balance outstanding at start of year 23,900 23,317
Amounts advanced 1,020 583
Amounts repaid (1,210 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,710 23,900

The interest on Director's Loan account is charged at 2.5% p.a.