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Registered number: 11856569
Pedal Pawn Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11856569
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,147 2,670
Tangible Assets 5 200,791 176,159
202,938 178,829
CURRENT ASSETS
Stocks 6 36,357 58,783
Debtors 7 5,250 12,109
Cash at bank and in hand 63,003 126,216
104,610 197,108
Creditors: Amounts Falling Due Within One Year 8 (3,968 ) (21,372 )
NET CURRENT ASSETS (LIABILITIES) 100,642 175,736
TOTAL ASSETS LESS CURRENT LIABILITIES 303,580 354,565
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,538 ) (6,128 )
NET ASSETS 300,042 348,437
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 299,942 348,337
SHAREHOLDERS' FUNDS 300,042 348,437
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Robinson
Director
07/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pedal Pawn Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11856569 . The registered office is 21 Orton Enterprise Centre, Bakewell Road, Peterborough, PE2 6XU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets include a trademark. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Building - straight line over 50 years
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Sales, marketing and distribution 3 3
3 3
4. Intangible Assets
Goodwill Intellectual Property Total
£ £ £
Cost
As at 1 April 2025 10,000 5,230 15,230
As at 31 March 2026 10,000 5,230 15,230
Amortisation
As at 1 April 2025 10,000 2,560 12,560
Provided during the period - 523 523
As at 31 March 2026 10,000 3,083 13,083
Net Book Value
As at 31 March 2026 - 2,147 2,147
As at 1 April 2025 - 2,670 2,670
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2025 126,322 113,398 4,642 244,362
Additions - 47,959 4,908 52,867
Disposals - (498 ) - (498 )
As at 31 March 2026 126,322 160,859 9,550 296,731
...CONTINUED
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Page 5
Depreciation
As at 1 April 2025 1,926 65,117 1,160 68,203
Provided during the period 1,927 24,010 2,098 28,035
Disposals - (298 ) - (298 )
As at 31 March 2026 3,853 88,829 3,258 95,940
Net Book Value
As at 31 March 2026 122,469 72,030 6,292 200,791
As at 1 April 2025 124,396 48,281 3,482 176,159
6. Stocks
2026 2025
£ £
Materials 12,891 32,913
Finished goods 23,466 25,870
36,357 58,783
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 1,503 10,603
Other debtors 3,747 1,506
5,250 12,109
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 346 62
Other taxes and social security 289 18,004
Other creditors 3,333 3,306
3,968 21,372
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
10. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £574.75 (2025: £279.70) were due to the fund. They are included in Other Creditors.
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