REGISTERED NUMBER: 04129846 (England and Wales)

PEGGRAM CONTRACTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

M C Peggram

Mrs L M Peggram

Secretary:

Mrs L M Peggram

Registered office:

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Registered number:

04129846 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Tangible assets

4

57,758

44,447

Current assets

Stocks

-

9,154

Debtors

5

11,060

9,916

Cash at bank

18,926

36,934

29,986

56,004

Creditors

Amounts falling due within one year

6

21,891

85,435

Net current assets/(liabilities)

8,095

(29,431

)

Total assets less current liabilities

65,853

15,016

Creditors

Amounts falling due after more than one year

7

(40,785

)

-

Provisions for liabilities

(10,974

)

-

Net assets

14,094

15,016

Capital and reserves

Called up share capital

8

100

100

Retained earnings

13,994

14,916

Shareholders' funds

14,094

15,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by:

M C Peggram - Director

Mrs L M Peggram - Director

1.	Statutory information

Peggram Contracts 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

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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	Employees and directors

The average number of employees during the year was 3 (2023 - 1 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2024

78,354

Additions

74,313

Disposals

(55,667

)

At 31 December 2024

97,000

Depreciation

At 1 January 2024

33,907

Charge for year

19,252

Eliminated on disposal

(13,917

)

At 31 December 2024

39,242

Net book value

At 31 December 2024

57,758

At 31 December 2023

44,447

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

-

9,621

Other debtors

11,060

295

11,060

9,916

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

4,671

12,651

Hire purchase contracts

10,876

39,914

Trade creditors

-

1,557

Taxation and social security

2,191

24,670

Other creditors

4,153

6,643

21,891

85,435

7.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Hire purchase contracts

40,785

-

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

9.	Ultimate controlling party

The ultimate controlling party is M C Peggram.