REGISTERED NUMBER: 12437092 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

FOR

PELOTON AGENCY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Creedy

REGISTERED OFFICE:

15 Burnell House

55 Peloton Avenue

London

E20 1GY

REGISTERED NUMBER:

12437092 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

FIXED ASSETS

Tangible assets

4

652

-

CURRENT ASSETS

Debtors

5

298,253

119,527

Investments

6

148,266

-

Cash at bank

100,643

338,979

547,162

458,506

CREDITORS

Amounts falling due within one year

7

537,578

367,014

NET CURRENT ASSETS

9,584

91,492

TOTAL ASSETS LESS CURRENT LIABILITIES

10,236

91,492

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

10,235

91,491

10,236

91,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

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 22 August 2025 and were signed by:

J M Creedy - Director

1.	STATUTORY INFORMATION

Peloton Agency 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 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.

Computer equipment

-

25% on cost

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

666

At 31 March 2025

666

DEPRECIATION

Charge for period

14

At 31 March 2025

14

NET BOOK VALUE

At 31 March 2025

652

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

15,168

Amounts owed by group undertakings

1,100

-

Other debtors

297,153

104,359

298,253

119,527

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

148,266

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

24,000

17,913

Taxation and social security

65,434

(60,973

)

Other creditors

448,144

410,074

537,578

367,014

8.	RELATED PARTY DISCLOSURES

During the period, total dividends of £21,000 were paid to the director .

The dividend declared to the parent company for the period ended 31 March 2025 is £340,000 (2024:

£nil).

The balance owing from the parent company, Meatball Header Limited, as at 31 March 2025 is £1,100

(2024: £nil). This loan is interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Meatball Header Limited.

The ultimate controlling party is J M Creedy.