Peligro Industries Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04943651

Peligro Industries Limited

Filleted Unaudited Financial Statements

31 October 2025

Peligro Industries Limited

Financial Statements

Year ended 31 October 2025

Contents	Pages

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 8

Peligro Industries Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Peligro Industries Limited

Year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peligro Industries Limited for the year ended 31 October 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Peligro Industries Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Peligro Industries Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peligro Industries Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Peligro Industries Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Peligro Industries Limited. You consider that Peligro Industries Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Peligro Industries Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

29 July 2026

Peligro Industries Limited

Statement of Financial Position

31 October 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	1,313,554	1,382,933
Investments	6	102	102
		------------	------------
		1,313,656	1,383,035

Current assets

Work in progress		–	1,300
Debtors	7	620,179	515
Cash at bank and in hand		22,201	71,863
		---------	--------
		642,380	73,678

Creditors: amounts falling due within one year	8	92,979	88,179
		---------	--------
Net current assets/(liabilities)		549,401	( 14,501)
		------------	------------
Total assets less current liabilities		1,863,057	1,368,534

Creditors: amounts falling due after more than one year	9	1,415,023	1,032,130
		------------	------------
Net assets		448,034	336,404
		------------	------------

Peligro Industries Limited

Statement of Financial Position (continued)

31 October 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	2	2
Profit and loss account	448,032	336,402
	---------	---------
Shareholders funds	448,034	336,404
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

Mr D P Flowers

Director

Company registration number: 04943651

Peligro Industries Limited

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 25 Stewart Road, Sheffield, S11 8XS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Deferred tax

The company has a policy of not providing for deferred tax.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the sum of the tax currently payable. The taxation currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Tangible assets

Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised at cost, which includes the purchase costs and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

The gain or loss arising from the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, as is credited or charged to the profit and loss account.

Investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in the profit and loss account.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Investment property	Plant and machinery	Total
	£	£	£
Cost
At 1 November 2024	1,328,692	110,973	1,439,665
Disposals	( 55,820)	–	( 55,820)
	------------	---------	------------
At 31 October 2025	1,272,872	110,973	1,383,845
	------------	---------	------------
Depreciation
At 1 November 2024	–	56,732	56,732
Charge for the year	–	13,559	13,559
	------------	---------	------------
At 31 October 2025	–	70,291	70,291
	------------	---------	------------
Carrying amount
At 31 October 2025	1,272,872	40,682	1,313,554
	------------	---------	------------
At 31 October 2024	1,328,692	54,241	1,382,933
	------------	---------	------------

Investment properties are held at cost which the directors believe approximates to fair value by reference to market evidence of transaction prices for similar properties.

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery
	£
At 31 October 2025	40,679
	--------
At 31 October 2024	54,238
	--------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 November 2024 and 31 October 2025	102
	----
Impairment
At 1 November 2024 and 31 October 2025	–
	----

Carrying amount
At 31 October 2025	102
	----
At 31 October 2024	102
	----

Fixed asset investments are held at cost.

7. Debtors

	2025	2024
	£	£
Trade debtors	948	515
Amounts owed by group undertakings and undertakings in which the company has a participating interest	529,231	–
Other debtors	90,000	–
	---------	----
	620,179	515
	---------	----

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	9,227	12,022
Corporation tax	42,440	40,285
Social security and other taxes	9,580	10,761
Other creditors	31,732	25,111
	--------	--------
	92,979	88,179
	--------	--------

Included within other creditors are hire purchase liabilities amounting to £18,695 (2024: £18,696).The amounts are secured against the assets to which they relate.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	500,000	–
Other creditors	915,023	1,032,130
	------------	------------
	1,415,023	1,032,130
	------------	------------

Included within other creditors are hire purchase liabilities amounting to £33,754 (2024: £52,449). The amounts are secured against the assets to which they relate.

10. Bank security

The above bank borrowings are secured by reference to a debenture and fixed charge over the assets of the company

11. Related party transactions