Pedalo Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04184214 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

PEDALO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J C Newall

A Basso

SECRETARY:

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

04184214 (England and Wales)

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

143 Station Road

Hampton

Middlesex

TW12 2AL

FIXED ASSETS

Tangible assets

4

1,166

289

CURRENT ASSETS

Debtors

5

113,929

103,451

Cash at bank

240,698

288,364

354,627

391,815

CREDITORS

Amounts falling due within one year

6

(160,033

)

(186,245

)

NET CURRENT ASSETS

194,594

205,570

TOTAL ASSETS LESS CURRENT
LIABILITIES

195,760

205,859

CAPITAL AND RESERVES

Called up share capital

7

15,750

Capital redemption reserve

5,250

Retained earnings

174,760

184,859

SHAREHOLDERS' FUNDS

195,760

205,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 14 October 2025 and were signed on its behalf by:

J C Newall - Director

1.	STATUTORY INFORMATION

Pedalo 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.

Computer equipment

-

25% on cost

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

1,348

Additions

1,320

At 31 March 2025

2,668

DEPRECIATION

At 1 April 2024

1,059

Charge for year

443

At 31 March 2025

1,502

NET BOOK VALUE

At 31 March 2025

1,166

At 31 March 2024

289

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

40,605

38,126

Other debtors

73,324

65,325

113,929

103,451

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

3,986

1,594

Taxation and social security

59,496

85,700

Other creditors

96,551

98,951

160,033

186,245

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

157,500

Ordinary

10p

15,750

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

A Basso

Balance outstanding at start of year

17,625

15,000

Amounts advanced

-

2,625

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

17,625

J C Newall

Balance outstanding at start of year

17,625

15,000

Amounts advanced

-

2,625

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

17,625