PETER GREGSON LIMITED

Company Registration Number:
SC350686 (Scotland)

Unaudited abridged accounts for the year ended 31 October 2025

Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

PETER GREGSON LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Notes

PETER GREGSON LIMITED

Balance sheet

As at 31 October 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 21,534 21,392
Total fixed assets: 21,534 21,392
Current assets
Debtors: 4 82,370 60,044
Cash at bank and in hand: 38,675 63,588
Total current assets: 121,045 123,632
Creditors: amounts falling due within one year: 5 (64,001) (63,558)
Net current assets (liabilities): 57,044 60,074
Total assets less current liabilities: 78,578 81,466
Total net assets (liabilities): 78,578 81,466
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 78,576 81,464
Shareholders funds: 78,578 81,466

The notes form part of these financial statements

PETER GREGSON LIMITED

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 July 2026
and signed on behalf of the board by:

Name: Peter Gregson
Status: Director

The notes form part of these financial statements

PETER GREGSON LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and equipment 33% straight line Motor vehicles 25% reducing balance method The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

Other accounting policies

Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Basic financial liabilities Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Taxation The tax expense represents the sum of the tax currently payable and deferred tax. Current tax The tax 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. Foreign exchange Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

PETER GREGSON LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

PETER GREGSON LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible Assets

Total
Cost £
At 01 November 2024 169,873
Additions 22,852
Disposals (29,729)
At 31 October 2025 162,996
Depreciation
At 01 November 2024 148,481
Charge for year 17,335
On disposals (24,354)
At 31 October 2025 141,462
Net book value
At 31 October 2025 21,534
At 31 October 2024 21,392

PETER GREGSON LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Debtors

Amounts falling due within one year: . Trade debtors 2025 - 2,567. 2024 - 1,1517. . Other debtors 2025 - 79,803. 2024 - 58,527. . Total 2025 - 82,370. 2024 - 60,044.

PETER GREGSON LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts 2025 - 1,325. 2024 - 284. Trade creditors 2025 - 1,823. 2024 - 4,295. Corporation tax 2025 - 33,214. 2024 - 26,666. Other taxation and social security 2025 - 3,089. 2024 - 4,558. Other creditors 2025 - 24,550. 2024 - 27,755. Total 2025 - 64,001. 2024 -63,558.

PETER GREGSON LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2025

6. Loans to directors

Name of director receiving advance or credit: Peter Gregson
Description of the loan: Advance
£
Balance at 01 November 2024 0
Advances or credits made: 9,224
Advances or credits repaid: 9,224
Balance at 31 October 2025 0