PELOTAN LIMITED


Director	T Austen


Registered Address	Bg Futures
	Longdales Road
	Lincoln
	LN1 3DY


Registered Number	11087933 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		58,264		-
Tangible assets	4		183		244
			58,447		244
Current assets
Stocks	5	22,140		24,300
Debtors	6	12,959		14,941
Cash at bank and on hand		923		765
		36,022		40,006
Creditors amounts falling due within one year	7	(67,059)		(46,946)
Net current assets (liabilities)			(31,037)		(6,940)
Total assets less current liabilities			27,410		(6,696)
Creditors amounts falling due after one year	8		(198)		(1,404)
Net assets			27,212		(8,100)
Capital and reserves
Called up share capital			124		100
Share premium			61,858		17,400
Profit and loss account			(34,770)		(25,600)
Shareholders' funds			27,212		(8,100)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 19 December 2025, and are signed on its behalf by:

T Austen
Director
Registered Company No. 11087933

PELOTAN LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
Additions	64,738	64,738
At 31 March 25	64,738	64,738
Amortisation and impairment
Charge for year	6,474	6,474
At 31 March 25	6,474	6,474
Net book value
At 31 March 25	58,264	58,264
At 31 March 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 24	1,027	1,027
At 31 March 25	1,027	1,027
Depreciation and impairment
At 01 April 24	783	783
Charge for year	61	61
At 31 March 25	844	844
Net book value
At 31 March 25	183	183
At 31 March 24	244	244

5.	Stocks

	2025	2024
	£	£
Other stocks	22,140	24,300
Total	22,140	24,300

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	12,959	14,941
Total	12,959	14,941

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,800	1,800
Bank borrowings and overdrafts	4,754	8,038
Amounts owed to related parties	50,271	31,771
Other creditors	8,806	3,910
Accrued liabilities and deferred income	1,428	1,427
Total	67,059	46,946


	The bank borrowings are a secured creditor.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	198	1,404
Total	198	1,404


	The bank borrowings are a secured creditor.

9.	Related party transactions
	Summary of transactions with all related parties A loan account exists between the company and Talent Matters Consulting Limited, a company of which the director, T Austen, is also a director. At the balance sheet date, the amount owed to Talent Matters Consulting Limited was £50,271 (2024 - £31,771).