REGISTERED NUMBER: 04032929 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Pegasus Industrial Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Rawle

SECRETARY:

Miss M Allen

REGISTERED OFFICE:

Unit 8, First Avenue

Pensnett Trading Estate

Kingswinford

DY6 7TG

REGISTERED NUMBER:

04032929 (England and Wales)

ACCOUNTANTS:

Briants Limited

Maritime House

Discovery Quay

Falmouth

Cornwall

TR11 3XA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

358,892

292,313

358,892

292,313

CURRENT ASSETS

Stocks

255,000

185,000

Debtors

6

287,815

348,529

Cash at bank and in hand

50,516

68,242

593,331

601,771

CREDITORS

Amounts falling due within one year

7

679,968

770,918

NET CURRENT LIABILITIES

(86,637

)

(169,147

)

TOTAL ASSETS LESS CURRENT LIABILITIES

272,255

123,166

CREDITORS

Amounts falling due after more than one year

8

(200,462

)

(4,140

)

PROVISIONS FOR LIABILITIES

(61,673

)

(55,539

)

NET ASSETS

10,120

63,487

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

10,116

63,483

SHAREHOLDERS' FUNDS

10,120

63,487

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 May 2026 and were signed by:

G Rawle - Director

1.	STATUTORY INFORMATION

Pegasus Industrial Services 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

6,236

AMORTISATION

At 1 September 2024

and 31 August 2025

6,236

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

869,900

Additions

143,147

At 31 August 2025

1,013,047

DEPRECIATION

At 1 September 2024

577,587

Charge for year

76,568

At 31 August 2025

654,155

NET BOOK VALUE

At 31 August 2025

358,892

At 31 August 2024

292,313

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

116,832

174,861

Other debtors

170,983

173,668

287,815

348,529

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,241

47,739

Hire purchase contracts

56,973

31,361

Trade creditors

399,409

501,819

Taxation and social security

62,995

72,994

Other creditors

110,350

117,005

679,968

770,918

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

200,462

4,140

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

**UNKNOWN DIRECTOR 1** and G Rawle

Balance outstanding at start of year

-

-

Amounts advanced

309,437

-

Amounts repaid

(153,046

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

156,391

-

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.