Peggy Limited - Accounts to registrar (filleted) - small 18.2
Peggy Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| FOR |
| PEGGY LIMITED |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PEGGY LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| BALANCE SHEET |
| 30 SEPTEMBER 2019 |
| 30/9/19 | 31/12/18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 3 |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| BALANCE SHEET - continued |
| 30 SEPTEMBER 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| 1. | STATUTORY INFORMATION |
| Peggy Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Patents & licenses |
| 10 years amortisation on straight line basis. |
| Tangible fixed assets |
| Short leasehold | - |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the period 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 period 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. |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| 3. | INTANGIBLE FIXED ASSETS |
| Patents |
| and |
| licences |
| £ |
| COST |
| At 1 January 2019 |
| Disposals | ( |
) |
| At 30 September 2019 |
| AMORTISATION |
| At 1 January 2019 |
| Eliminated on disposal | ( |
) |
| At 30 September 2019 |
| NET BOOK VALUE |
| At 30 September 2019 |
| At 31 December 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| Short | to | Plant and |
| leasehold | property | machinery |
| £ | £ | £ |
| COST |
| At 1 January 2019 |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30 September 2019 |
| DEPRECIATION |
| At 1 January 2019 |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 30 September 2019 |
| NET BOOK VALUE |
| At 30 September 2019 |
| At 31 December 2018 |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2019 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30 September 2019 |
| DEPRECIATION |
| At 1 January 2019 |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 30 September 2019 |
| NET BOOK VALUE |
| At 30 September 2019 |
| At 31 December 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/19 | 31/12/18 |
| £ | £ |
| Trade debtors |
| Greedy PYG Ltd | - | 277,500 |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/19 | 31/12/18 |
| £ | £ |
| Bank loans and overdrafts (see note 8) |
| Trade creditors |
| VAT | - | 18,362 |
| Lasan Restaurant Ltd |
| PAYG Ltd | - | 300,000 |
| Other creditors | - | 553,000 |
| Directors' current accounts | - | 5,633 |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30/9/19 | 31/12/18 |
| £ | £ |
| Bank loans (see note 8) |
| PEGGY LIMITED (REGISTERED NUMBER: 07883980) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2019 TO 30 SEPTEMBER 2019 |
| 8. | LOANS |
| An analysis of the maturity of loans is given below: |
| 30/9/19 | 31/12/18 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Amounts falling due between one and two years: |
| Bank loans - 1-2 years |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30/9/19 | 31/12/18 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2019 |
| Deficit for the period | ( |
) |
| At 30 September 2019 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The company is under the control of Mr J Khan through his shareholdings in Khan Holdings (UK) Ltd where he |
| holds majority of the share. |