Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08926884 Mr David Nichols Mrs Dawn Nichols iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08926884 2024-03-31 08926884 2025-03-31 08926884 2024-04-01 2025-03-31 08926884 frs-core:CurrentFinancialInstruments 2025-03-31 08926884 frs-core:Non-currentFinancialInstruments 2025-03-31 08926884 frs-core:ComputerEquipment 2025-03-31 08926884 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08926884 frs-core:ComputerEquipment 2024-03-31 08926884 frs-core:PlantMachinery 2025-03-31 08926884 frs-core:PlantMachinery 2024-04-01 2025-03-31 08926884 frs-core:PlantMachinery 2024-03-31 08926884 frs-core:ShareCapital 2025-03-31 08926884 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08926884 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08926884 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08926884 frs-bus:SmallEntities 2024-04-01 2025-03-31 08926884 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08926884 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08926884 frs-bus:Director1 2024-04-01 2025-03-31 08926884 frs-bus:Director2 2024-04-01 2025-03-31 08926884 frs-countries:EnglandWales 2024-04-01 2025-03-31 08926884 2023-03-31 08926884 2024-03-31 08926884 2023-04-01 2024-03-31 08926884 frs-core:CurrentFinancialInstruments 2024-03-31 08926884 frs-core:Non-currentFinancialInstruments 2024-03-31 08926884 frs-core:ShareCapital 2024-03-31 08926884 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08926884
Pegasus Domestic Appliance Repair Limited
Financial Statements
For The Year Ended 31 March 2025
Pegasus Domestic Appliance Repair Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Pegasus Domestic Appliance Repair Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08926884

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 866 |  | 829
|  |  | 866 |  | 829
CURRENT ASSETS
Stocks | 5 | 400 |  | 350 |
Debtors | 6 | 17,110 |  | 18,807 |
Cash at bank and in hand |  | 5,136 |  | 7,142 |
|  | 22,646 |  | 26,299 |
Creditors: Amounts Falling Due Within One Year | 7 | (15,577 ) |  | (13,587 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 7,069 |  | 12,712
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,935 |  | 13,541
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (7,602 ) |  | (12,942 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (165 ) |  | (158 )
NET ASSETS |  |  | 168 |  | 441
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 68 |  | 341
SHAREHOLDERS' FUNDS |  |  | 168 |  | 441

Page 1
Page 2
Pegasus Domestic Appliance Repair Limited
Balance Sheet (continued)
As At 31 March 2025
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mrs Dawn Nichols Director
12/02/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Pegasus Domestic Appliance Repair Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Pegasus Domestic Appliance Repair Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08926884 . The registered office is 1 Doves Close, Bromley, Kent, BR2 8PJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents invoiced sales of goods and services which relate to the period under review. Where sales relating to the period were invoiced in a different year, appropriate adjustments have been made through trade debtors.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Tools and Equipment | 25% on reducing balance
Computer Equipment | 25% on reducing balance

2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
Pegasus Domestic Appliance Repair Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Tools and Equipment | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 3,494 | 423 | 3,917
Additions | - | 270 | 270
Disposals | - | (180 ) | (180 )
As at 31 March 2025 | 3,494 | 513 | 4,007
Depreciation
As at 1 April 2024 | 2,743 | 345 | 3,088
Provided during the period | 188 | 24 | 212
Disposals | - | (159 ) | (159 )
As at 31 March 2025 | 2,931 | 210 | 3,141
Net Book Value
As at 31 March 2025 | 563 | 303 | 866
As at 1 April 2024 | 751 | 78 | 829

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 400 |  | 350

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 523 |  | 732
Other debtors | 16,587 |  | 18,075
| 17,110 |  | 18,807

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 5,340 |  | 4,870
Other creditors | 3,656 |  | 4,166
Taxation and social security | 6,581 |  | 4,551
| 15,577 |  | 13,587

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 7,602 |  | 12,942

Page 4
Page 5
Pegasus Domestic Appliance Repair Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Related Party Transactions
Included within debtors was a loan to directors David and Dawn Nichols totalling £12,789. This loan was unsecured, interest free and repayable on demand.
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