REGISTERED NUMBER: 02035139 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Pejep Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Watts

J H Mason

S M Rogers

REGISTERED OFFICE:

20a High Street

Glastonbury

Somerset

BA6 9DU

REGISTERED NUMBER:

02035139 (England and Wales)

ACCOUNTANTS:

Edward Howells Associates Limited

Chartered Certified Accountants

20a High Street

Glastonbury

Somerset

BA6 9DU

BANKERS:

National Westminster Bank

7 High Street

Wells

Somerset

BA5 2AD

FIXED ASSETS

Tangible assets

4

1,160,000

1,160,000

CURRENT ASSETS

Debtors

5

2,895

4,333

Cash at bank

28,503

24,706

31,398

29,039

CREDITORS

Amounts falling due within one year

6

54,038

48,967

NET CURRENT LIABILITIES

(22,640

)

(19,928

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,137,360

1,140,072

PROVISIONS FOR LIABILITIES

70,635

70,635

NET ASSETS

1,066,725

1,069,437

CAPITAL AND RESERVES

Called up share capital

123

123

Undistributable reserve

7

552,058

552,058

Retained earnings

514,544

517,256

SHAREHOLDERS' FUNDS

1,066,725

1,069,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

J H Mason - Director

1.	STATUTORY INFORMATION

Pejep 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

The company's freehold properties are held at their current market value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 October 2024

and 30 September 2025

1,160,000

NET BOOK VALUE

At 30 September 2025

1,160,000

At 30 September 2024

1,160,000

Cost or valuation at 30 September 2025 is represented by:

Freehold

property

£

Valuation in 2024

622,693

Cost

537,307

1,160,000

If freehold properties had not been revalued they would have been included at the following historical cost:

30.9.25

30.9.24

£

£

Cost

537,307

537,307

Freehold properties were valued on an open market basis on 30 September 2024 by Messrs. Symonds & Sampson .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

495

2,860

Prepayments

2,400

1,473

2,895

4,333

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Tax

18,649

11,513

Payments on account

29,556

33,556

Accrued expenses

5,833

3,898

54,038

48,967

7.

RESERVES

The undistributable reserve relates to the revaluation of the freehold properties, less the provision for the potential tax liability if they were sold. The reserve is not available for the purposes of dividend distributions.