Pegasus Waste Management Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03279206 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Pegasus Waste Management Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr JW Merrylees

Mrs S J Norris

SECRETARY:

Mrs S J Norris

REGISTERED OFFICE:

Unit 4, The Alpha Centre

Armstrong Way

Yate

Bristol

BS37 5NG

REGISTERED NUMBER:

03279206 (England and Wales)

ACCOUNTANTS:

The P I Partnership

Suite 2

Bath Brewery

Tollbridge Road

Bath

Somerset

BA1 7DE

FIXED ASSETS

Tangible assets

2

302,301

284,113

CURRENT ASSETS

Debtors

152,797

131,947

Cash at bank

301,814

292,816

454,611

424,763

CREDITORS

Amounts falling due within one year

(115,731

)

(125,217

)

NET CURRENT ASSETS

338,880

299,546

TOTAL ASSETS LESS CURRENT LIABILITIES

641,181

583,659

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

641,179

583,657

SHAREHOLDERS' FUNDS

641,181

583,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 August 2015 and were signed on its behalf by:

Mr JW Merrylees - Director

Mrs S J Norris - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

359,908

Additions

47,872

Disposals

(30,325

)

At 30 November 2014

377,455

DEPRECIATION

At 1 December 2013

75,795

Charge for year

20,797

Eliminated on disposal

(21,438

)

At 30 November 2014

75,154

NET BOOK VALUE

At 30 November 2014

302,301

At 30 November 2013

284,113

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

100

Ordinary

2p

2

2