Pegasus Staff Services Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04693784 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Pegasus Staff Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Colder

SECRETARY:

Midlands Secretarial Services Limited

REGISTERED OFFICE:

29C The Derwent Business Centre

Clark Street

Derby

DE1 2BU

REGISTERED NUMBER:

04693784 (England and Wales)

ACCOUNTANTS:

Hunter Jones Alton

36 Bridge Street

Belper

Derbyshire

DE56 1AX

FIXED ASSETS

Intangible assets

4

1,500

3,000

Tangible assets

5

7,132

5,949

8,632

8,949

CURRENT ASSETS

Debtors

6

607,198

646,297

Cash at bank

285,583

316,976

892,781

963,273

CREDITORS

Amounts falling due within one year

7

663,750

619,019

NET CURRENT ASSETS

229,031

344,254

TOTAL ASSETS LESS CURRENT LIABILITIES

237,663

353,203

CREDITORS

Amounts falling due after more than one year

8

(223,967

)

(250,000

)

PROVISIONS FOR LIABILITIES

(1,640

)

(1,130

)

NET ASSETS

12,056

102,073

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

12,054

102,071

SHAREHOLDERS' FUNDS

12,056

102,073

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

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

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.

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 14 March 2023 and were signed by:

C Colder - Director

1.	STATUTORY INFORMATION

Pegasus Staff Services Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2021 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2021

and 31 March 2022

30,000

AMORTISATION

At 1 April 2021

27,000

Charge for year

1,500

At 31 March 2022

28,500

NET BOOK VALUE

At 31 March 2022

1,500

At 31 March 2021

3,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

49,592

Additions

3,561

At 31 March 2022

53,153

DEPRECIATION

At 1 April 2021

43,643

Charge for year

2,378

At 31 March 2022

46,021

NET BOOK VALUE

At 31 March 2022

7,132

At 31 March 2021

5,949

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

602,541

637,632

Other debtors

4,657

8,665

607,198

646,297

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

12,664

3,607

Taxation and social security

53,155

120,621

Other creditors

597,931

494,791

663,750

619,019

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Other creditors

223,967

250,000