REGISTERED NUMBER: 08749899 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Pegasus Plastering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr Paul Robert Suckley

Mr Stephen Farrell

REGISTERED OFFICE:

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

REGISTERED NUMBER:

08749899 (England and Wales)

ACCOUNTANTS:

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

FIXED ASSETS

Tangible assets

4

42,383

55,990

Investments

5

-

648

42,383

56,638

CURRENT ASSETS

Stocks

4,500

4,000

Debtors

6

388,158

381,787

Cash at bank

15,481

30,882

408,139

416,669

CREDITORS

Amounts falling due within one year

7

232,252

225,942

NET CURRENT ASSETS

175,887

190,727

TOTAL ASSETS LESS CURRENT LIABILITIES

218,270

247,365

CREDITORS

Amounts falling due after more than one year

8

(23,299

)

(27,657

)

PROVISIONS FOR LIABILITIES

(21,336

)

(13,214

)

NET ASSETS

173,635

206,494

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

173,633

206,492

SHAREHOLDERS' FUNDS

173,635

206,494

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 July 2026 and were signed on its behalf by:

Mr Paul Robert Suckley - Director

Mr Stephen Farrell - Director

1.	STATUTORY INFORMATION

Pegasus Plastering 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

6,889

6,234

111,188

3,919

128,230

Additions

-

-

-

389

389

At 31 October 2025

6,889

6,234

111,188

4,308

128,619

DEPRECIATION

At 1 November 2024

6,202

3,517

59,684

2,837

72,240

Charge for year

171

679

12,876

270

13,996

At 31 October 2025

6,373

4,196

72,560

3,107

86,236

NET BOOK VALUE

At 31 October 2025

516

2,038

38,628

1,201

42,383

At 31 October 2024

687

2,717

51,504

1,082

55,990

5.	FIXED ASSET INVESTMENTS

Other

loans

£

At 1 November 2024

648

New in year

(648

)

At 31 October 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

202,770

202,440

Retentions

190,536

195,024

Deferred Retention

(40,273

)

(56,075

)

Directors' loan accounts

2

2

VAT

35,123

40,396

388,158

381,787

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

22,643

29,492

Hire purchase contracts

4,358

4,358

Trade creditors

124,897

104,807

Tax

39,650

44,579

Social security and other taxes

8,235

8,243

Pensions

339

-

Other creditors

341

7,074

Credit card

26,192

22,399

Directors' current accounts

607

-

Directors' loan accounts

4,990

4,990

232,252

225,942

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

23,299

27,657

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 November 2024

206,492

Profit for the year

108,944

Dividends

(141,803

)

At 31 October 2025

173,633

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

21 July 2026