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Company Registration No. 09909056 (England and Wales)
PEGLEY GROUNDWORKS LIMITED Unaudited accounts for the year ended 31 December 2024
PEGLEY GROUNDWORKS LIMITED Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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PEGLEY GROUNDWORKS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
216,131 
224,567 
Current assets
Inventories
1,260,000 
400,000 
Debtors
5
636,415 
347,097 
Cash at bank and in hand
145,956 
459,157 
2,042,371 
1,206,254 
Creditors: amounts falling due within one year
6
(1,399,211)
(572,743)
Net current assets
643,160 
633,511 
Total assets less current liabilities
859,291 
858,078 
Provisions for liabilities
Deferred tax
(51,872)
(42,668)
Net assets
807,419 
815,410 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
807,319 
815,310 
Shareholders' funds
807,419 
815,410 
For the year ending 31 December 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 September 2025 and were signed on its behalf by
DJ Pegley Director Company Registration No. 09909056
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PEGLEY GROUNDWORKS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PEGLEY GROUNDWORKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09909056. The registered office is Jays Barn, Newpound Lane, Wisborough Green, Billingshurst, W.Sussex, RH14 0EG, UK.
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:
Land & buildings
3% straight line
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
281,223 
At 31 December 2024
281,223 
Depreciation
At 1 January 2024
56,656 
Charge for the year
8,436 
At 31 December 2024
65,092 
Net book value
At 31 December 2024
216,131 
At 31 December 2023
224,567 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
623,355 
334,037 
Other debtors
13,060 
13,060 
636,415 
347,097 
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PEGLEY GROUNDWORKS LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(153,926)
17,325 
Taxes and social security
28,858 
27,553 
Other creditors
3,912 
12,475 
Loans from directors
1,520,367 
515,390 
1,399,211 
572,743 
7
Transactions with related parties
In the ordinary course of business, the company purchased goods and services during the year amounting to £ 1,281,417 from an unincorporated entity of the director, Mr DJ Pegley. At 31st December 2024, the company owed £ 1,520,367 (2023: £ 513,390) to this entity
8
Average number of employees
During the year the average number of employees was 6 (2023: 1).
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