Pegham Services LLP

Pegham Services LLP
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Pegham Services LLP Accountants' Report For the year ended 31 March 2025
As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31st March 2025 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. Foredown Accountancy Ltd Office 3 148 Portland Road Hove Brighton BN3 5QL 04 December 2025 1

Pegham Services LLP
Accountants' Report
For the year ended 31 March 2025

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31st March 2025 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Foredown Accountancy Ltd
Office 3
148 Portland Road
Hove
Brighton
BN3 5QL
04 December 2025

1

Pegham Services LLP
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,600,052	2,600,069
		2,600,052	2,600,069
Current assets
Cash at bank and in hand		99,549	96,976
Creditors: amount falling due within one year		(19,031)	(14,950)
Net current assets		80,518	82,026

Total assets less current liabilities		2,680,570	2,682,095
Creditors: amount falling due after more than one year		(533,249)	(557,078)
Accruals and deferred income		(97,200)	(97,200)
Net assets		2,050,121	2,027,817

Represented by:
Members' other interest
Members' capital		1,199,025	1,264,671
Revaluation Reserves		578,092	578,092
Other reserves		273,004	185,054
		2,050,121	2,027,817
		2,050,121	2,027,817

Total members' interests
Members' other interests		2,050,121	2,027,817
		2,050,121	2,027,817

For the period ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:

.............................................................................
Sarah Noar
Designated Member
Date approved by the members: 04 December 2025

2

Pegham Services LLP
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Pegham Services LLP is a limited liability partnership, registered in England & Northern Ireland, registration number OC304293, registration address 31 Lewes Road, Ditchling, Hassocks, West Sussex, BN6 8TT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Office Equipment

25 %

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and buildings	Plant and machinery etc	Total
	£	£	£
At 01 April 2024	2,600,000	16,050	2,616,050
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	2,600,000	16,050	2,616,050
Depreciation
At 01 April 2024	-	15,981	15,981
Charge for year	-	17	17
On disposals	-	-	-
At 31 March 2025	-	15,998	15,998
Net book values
Closing balance as at 31 March 2025	2,600,000	52	2,600,052
Opening balance as at 01 April 2024	2,600,000	69	2,600,069

4.

Members' Interests

	Members' capital	Revaluation reserve	Other reserves	Total

Balance at 01 April 2024	1,022,011	578,092	0	1,600,103
Profit for the period available for discretionary division among members	0	0	273,004	273,004
Members' interests after profit for the period	1,022,011	578,092	273,004	1,873,107
Introduced by members	1,088,157	0	0	1,088,157
Repaid to members	(911,143)	0	0	(911,143)
Balance at 31 March 2025	1,199,025	578,092	273,004	2,050,121

3

Registered Number: OC304293
England & Northern Ireland
PEGHAM SERVICES LLP

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025