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REGISTERED NUMBER: 03279206 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Pegasus Waste Management Ltd

Pegasus Waste Management Ltd (Registered number: 03279206)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pegasus Waste Management Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Mr J Bale





REGISTERED OFFICE: Unit 4, The Alpha Centre
Armstrong Way
Yate
Bristol
BS37 5NG





REGISTERED NUMBER: 03279206 (England and Wales)





ACCOUNTANTS: The P I Partnership
Chartered Certified Accountants
Suite 2
Bath Brewery
Tollbridge Road
Bath
BANES
BA1 7DE

Pegasus Waste Management Ltd (Registered number: 03279206)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 57,399 443,143

CURRENT ASSETS
Debtors 5 1,046,704 140,741
Cash at bank 245,050 402,516
1,291,754 543,257
CREDITORS
Amounts falling due within one year 6 (256,103 ) (116,447 )
NET CURRENT ASSETS 1,035,651 426,810
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,093,050

869,953

PROVISIONS FOR LIABILITIES (14,350 ) (27,779 )
NET ASSETS 1,078,700 842,174

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,078,698 842,172
SHAREHOLDERS' FUNDS 1,078,700 842,174

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

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

Pegasus Waste Management Ltd (Registered number: 03279206)

Balance Sheet - continued
30 November 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 28 August 2025 and were signed by:





Mr J Bale - Director


Pegasus Waste Management Ltd (Registered number: 03279206)

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

1. STATUTORY INFORMATION

Pegasus Waste Management Ltd 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 represents the value of services provided under contracts net of VAT, to the extent that there is a right to consideration and recorded at fair value. Where a contract has only been partly completed at the balance sheet date, turnover represents the value of the service provided to date based upon the proportion of total expected consideration at completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

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 9 (2023 - 8 ) .

Pegasus Waste Management Ltd (Registered number: 03279206)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023 400,600 174,001 574,601
Additions - 705 705
Disposals (400,600 ) (28,130 ) (428,730 )
At 30 November 2024 - 146,576 146,576
DEPRECIATION
At 1 December 2023 40,060 91,398 131,458
Charge for year - 19,134 19,134
Eliminated on disposal (40,060 ) (21,355 ) (61,415 )
At 30 November 2024 - 89,177 89,177
NET BOOK VALUE
At 30 November 2024 - 57,399 57,399
At 30 November 2023 360,540 82,603 443,143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 150,023 140,741
Amounts owed by group undertakings 896,681 -
1,046,704 140,741

Included in debtors is an interest free intercompany loan to the parent company repayable on demand.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 88,860 30,828
Taxation and social security 109,379 68,882
Other creditors 57,864 16,737
256,103 116,447

7. RELATED PARTY DISCLOSURES

During the year the company sold two properties to an entity of which Mr James Bale is both member and trustee. The total amount paid was £450,000. No amounts were outstanding at the balance sheet date.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Fleetwood ES Holdings Ltd.