Pink Pepper Insights Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 12413181 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2022

for

Pink Pepper Insights Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs M Beetschen

REGISTERED OFFICE:

1 Carrick Road

Chester

CH4 8AN

REGISTERED NUMBER:

12413181 (England and Wales)

ACCOUNTANTS:

Adbell Advisory Ltd

Birchin Court

20 Birchin Lane

London

EC3V 9DJ

FIXED ASSETS

Tangible assets

4

770

1,156

CURRENT ASSETS

Debtors

5

15,164

51,103

Cash at bank

151,260

40,363

166,424

91,466

CREDITORS

Amounts falling due within one year

6

(64,457

)

(39,491

)

NET CURRENT ASSETS

101,967

51,975

TOTAL ASSETS LESS CURRENT LIABILITIES

102,737

53,131

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

102,736

53,130

SHAREHOLDERS' FUNDS

102,737

53,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28 October 2022 and were signed by:

Mrs M Beetschen - Director

1.	STATUTORY INFORMATION

Pink Pepper Insights Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The principal accounting policies adopted in the preparation of the financial statements are set out below. The accounting policies have been consistently applied within the financial statements.

Turnover

Turnover represents income generated by management consultancy services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2021

and 31 January 2022

1,541

DEPRECIATION

At 1 February 2021

385

Charge for year

386

At 31 January 2022

771

NET BOOK VALUE

At 31 January 2022

770

At 31 January 2021

1,156

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.22

31.1.21

£

£

Trade debtors

14,800

51,103

Other debtors

364

-

15,164

51,103

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.22

31.1.21

£

£

Tax

19,701

12,192

VAT

2,299

-

Other creditors

1,657

1,499

Accrued expenses

40,800

25,800

64,457

39,491

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.22

31.1.21

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 February 2021

53,130

Profit for the year

83,606

Dividends

(34,000

)

At 31 January 2022

102,736

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs M Beetschen.