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Company Registration No. 01319355 (England and Wales)
Pevgate Properties Limited Unaudited accounts for the year ended 31 August 2025
Pevgate Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pevgate Properties Limited Company Information for the year ended 31 August 2025
Director
ADSHEAD, Matthew John & ADSHEAD, Jennifer Mary
Secretary
ADSHEAD, Matthew John
Company Number
01319355 (England and Wales)
- 3 -
Pevgate Properties Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,414,864
1,423,834
Current assets
Debtors
5
713,257
764,530
Cash at bank and in hand
394,075
547,931
1,107,332
1,312,461
Creditors: amounts falling due within one year
6
(349,566)
(693,175)
Net current assets
757,766
619,286
Net assets
2,172,630
2,043,120
Capital and reserves
Called up share capital
7
21,046
21,046
Revaluation reserve
691,756
691,756
Profit and loss account
1,459,828
1,330,318
Shareholders' funds
2,172,630
2,043,120
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 26 February 2026 and were signed on its behalf by
ADSHEAD, Matthew John & ADSHEAD, Jennifer Mary Director Company Registration No. 01319355
- 4 -
Pevgate Properties Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Pevgate Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 01319355.
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
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 represents the fees charged for the year including those of outstanding debts. It also includes other income for activities such as School trips and uniforms.
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% on cost
Fixtures & fittings
10% on cost
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.
- 5 -
Pevgate Properties Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2024
1,395,000
97,992
110,704
10,657
1,614,353
Additions
-
-
-
953
953
At 31 August 2025
1,395,000
97,992
110,704
11,610
1,615,306
Depreciation
At 1 September 2024
-
94,037
85,825
10,657
190,519
Charge for the year
-
2,261
7,642
20
9,923
At 31 August 2025
-
96,298
93,467
10,677
200,442
Net book value
At 31 August 2025
1,395,000
1,694
17,237
933
1,414,864
At 31 August 2024
1,395,000
3,955
24,879
-
1,423,834
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
7,895
-
Trade debtors
18,296
182,578
Amounts due from group undertakings etc.
83,112
83,112
Accrued income and prepayments
28,315
-
Other debtors
575,639
498,840
713,257
764,530
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
201,669
6,079
Taxes and social security
112,216
100,585
Other creditors
3,755
586,511
Accruals
925
-
Deferred income
31,001
-
349,566
693,175
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
6,500 Ordinary shares of £1 each
6,500
6,500
14,523 Ordinary shares B of £1 each
14,523
14,523
23 Ordinary shares C of £1 each
23
23
21,046
21,046
- 6 -
Pevgate Properties Limited Notes to the Accounts for the year ended 31 August 2025
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
ADSHEAD, Matthew John & ADSHEAD, Jennifer Mary
379,236
59,444
-
438,680
379,236
59,444
-
438,680
9
Controlling party
The ultimate parent undertaking is Craftfactor Limited which is company registered in England and Wales.
10
Average number of employees
During the year the average number of employees was 24 (2024: 25).
- 7 -