Registration number: 07063763

Pegasus Site Security Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Pegasus Site Security Limited

(Registration number: 07063763)
Balance Sheet as at 31 March 2025

	Note	2025 £		2024 £
Fixed assets
Tangible assets	4		33,645		41,769
Current assets
Debtors	5	687,151		493,642
Cash at bank and in hand		124,989		146,123
		812,140		639,765
Creditors: Amounts falling due within one year	6	(836,350)		(675,811)
Net current liabilities			(24,210)		(36,046)
Total assets less current liabilities			9,435		5,723
Provisions for liabilities			(4,579)		(5,068)
Net assets			4,856		655
Capital and reserves
Called up share capital		101		101
Profit and loss account		4,755		554
Total equity			4,856		655

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 October 2025 and signed on its behalf by:
 

......................................... Mr R.L. Chessman Director

Pegasus Site Security Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 11, Fusion Court
Aberford Road
Garforth
Leeds
LS25 2GH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the company.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Pegasus Site Security Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	10% Straight line
Plant and equipment	15% Straight line

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Tangible assets

	Land and buildings £	Plant and equipment £	Total £
Cost or valuation
At 1 April 2024	28,328	35,706	64,034
At 31 March 2025	28,328	35,706	64,034
Depreciation
At 1 April 2024	10,232	12,033	22,265
Charge for the year	2,768	5,356	8,124
At 31 March 2025	13,000	17,389	30,389
Carrying amount
At 31 March 2025	15,328	18,317	33,645
At 31 March 2024	18,096	23,673	41,769

Pegasus Site Security Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		531,749	367,694
Amounts owed by related parties		149,000	-
Prepayments		6,402	5,486
Other debtors		-	120,462
		687,151	493,642

Amounts owed by related parties refers to a loan to a company under common control. The loan is interest free and repayable on demand. Included in Other debtors is an amount of £Nil (£120,462 2024) owed by the director of the company.

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	594,982	369,226
Owed by/(from) related parties	3,259	36,536
Taxation and social security	232,208	265,179
Other creditors	5,901	4,870
	836,350	675,811

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £38,418 (2024 - £Nil).