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Company Registration No. 04493185 (England and Wales)
Pegmar Limited Unaudited accounts for the year ended 31 March 2025
Pegmar Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pegmar Limited Company Information for the year ended 31 March 2025
Directors
Christopher Imonikhe Kathryn Imonikhe Robert Imonikhe
Company Number
04493185 (England and Wales)
Registered Office
C/O Power Accountax Ltd Mailbox 3 Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW United Kingdom
Accountants
Power Accountax Limited Mailbox 3, Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW
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Pegmar Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
134,597
24,875
Current assets
Debtors
5
1,105,288
18,200
Cash at bank and in hand
114,661
416,842
1,219,949
435,042
Creditors: amounts falling due within one year
6
(256,680)
726,444
Net current assets
963,269
1,161,486
Total assets less current liabilities
1,097,866
1,186,361
Creditors: amounts falling due after more than one year
7
(2,433)
(13,266)
Provisions for liabilities
Deferred tax
(20,609)
(2,473)
Net assets
1,074,824
1,170,622
Capital and reserves
Called up share capital
10
10
Profit and loss account
1,074,814
1,170,612
Shareholders' funds
1,074,824
1,170,622
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by
Robert Imonikhe Director Company Registration No. 04493185
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Pegmar Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Pegmar Limited is a private company, limited by shares, registered in England and Wales, registration number 04493185. The registered office is C/O Power Accountax Ltd, Mailbox 3, Solent Business Centre, 343 Millbrook Road West, Southampton, SO15 0HW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in Â£ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance method
Motor vehicles
25% Reducing balance method
Fixtures & fittings
25% Reducing balance method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
-
150,050
17,200
416,301
583,551
Additions
16,409
22,057
-
110,652
149,118
At 31 March 2025
16,409
172,107
17,200
526,953
732,669
Depreciation
At 1 April 2024
-
138,601
17,200
402,875
558,676
Charge for the year
-
8,376
-
31,020
39,396
At 31 March 2025
-
146,977
17,200
433,895
598,072
Net book value
At 31 March 2025
16,409
25,130
-
93,058
134,597
At 31 March 2024
-
11,449
-
13,426
24,875
- 5 -
Pegmar Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
184,398
-
Amounts due from group undertakings etc.
909,930
-
Accrued income and prepayments
10,960
1,461
Other debtors
-
16,739
1,105,288
18,200
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,648
10,000
Trade creditors
115,257
-
Amounts owed to group undertakings and other participating interests
-
(858,214)
Taxes and social security
32,087
32,657
Other creditors
96,961
15,383
Loans from directors
1,727
22,982
Accruals
-
4,995
Deferred income
-
45,753
256,680
(726,444)
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,433
13,266
8
Average number of employees
During the year the average number of employees was 61 (2024: 45).
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