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REGISTERED NUMBER: 11460970 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Peppaco Limited

Peppaco Limited (Registered number: 11460970)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Abridged Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

Peppaco Limited (Registered number: 11460970)

Abridged Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 322,419 |  | 414,452 |  |

CURRENT ASSETS

Stocks | 838,904 |  | 243,505 |  |

Debtors | 6 | 3,231,379 |  | 2,595,342 |  |

Cash at bank | 758,108 |  | 883,543 |  |

4,828,391 |  | 3,722,390 |  |

CREDITORS

Amounts falling due within one year | 1,057,474 |  | 1,398,386 |  |

NET CURRENT ASSETS | 3,770,917 |  | 2,324,004 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,093,336 |  | 2,738,456 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (1,415,072 | ) | (1,301,072 | ) |

PROVISIONS FOR LIABILITIES | 10 | (80,604 | ) | (103,612 | ) |

NET ASSETS | 2,597,660 |  | 1,333,772 |  |

Peppaco Limited (Registered number: 11460970)

Abridged Balance Sheet - continued

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 11 | 1 |  | 1 |  |

Retained earnings | 2,597,659 |  | 1,333,771 |  |

SHAREHOLDERS' FUNDS | 2,597,660 |  | 1,333,772 |  |

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2025 and were signed on its behalf by:

Mr L Lubasinski - Director

Peppaco Limited (Registered number: 11460970)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Peppaco Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 11460970

| Registered office: | Wesley House

| Bull Hill

| Leatherhead

| Surrey

| KT22 7AH

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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.

| Improvements to property | - | 15% on cost

| Plant and machinery | - | 33% on cost and 15% on cost

| Fixtures and fittings | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Peppaco Limited (Registered number: 11460970)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

| Basic financial liabilities, including creditors, are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method. Financial liabilities classified as payable within one year are not amortised.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| 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.

| 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.

Peppaco Limited (Registered number: 11460970)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 16 (2023 - 14 ) .

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2024 | 575,736 |  |

| Additions | 3,318 |  |

| Disposals | (36,055 | ) |

| At 31 December 2024 | 542,999 |  |

| DEPRECIATION

| At 1 January 2024 | 161,284 |  |

| Charge for year | 82,493 |  |

| Eliminated on disposal | (23,197 | ) |

| At 31 December 2024 | 220,580 |  |

| NET BOOK VALUE

| At 31 December 2024 | 322,419 |  |

| At 31 December 2023 | 414,452 |  |

6. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Other debtors | 3,449 |  | - |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

| 31.12.24 |  | 31.12.23

£ | £ |

| Repayable otherwise than by instalments

| Loan from owner | - |  | 1,301,072 |  |

Peppaco Limited (Registered number: 11460970)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

8. | LOANS

| An analysis of the maturity of loans is given below:

| 31.12.24 |  | 31.12.23

£ | £ |

| Amounts falling due between one and two years:

| Other loans - 1-2 years | 1,415,072 |  | - |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Loan from owner | - |  | 1,301,072 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31.12.24 |  | 31.12.23 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 29,686 |  |

10. | PROVISIONS FOR LIABILITIES

| 31.12.24 |  | 31.12.23

£ | £ |

| Deferred tax | 80,604 |  | 103,612 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 103,612 |  |

| Credit to Statement of Income and Retained Earnings during year | (23,008 | ) |

| Balance at 31 December 2024 | 80,604 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 1 | Ordinary | 1 | 1 |  | 1 |  |

Peppaco Limited (Registered number: 11460970)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

| 31.12.24 |  | 31.12.23

£ | £ |

| Mr R F Baker

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 8,090 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 8,090 |  | - |  |