Pedu Fixing Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08831458

Unaudited Financial Statements for the Year Ended 31st December 2022

for

Pedu Fixing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P E D Uphill

REGISTERED OFFICE:

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

REGISTERED NUMBER:

08831458

ACCOUNTANTS:

Field & Co LLP

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

FIXED ASSETS

Tangible assets

4

161

215

CURRENT ASSETS

Debtors

5

13,433

13,278

Cash at bank and in hand

8,141

3,831

21,574

17,109

CREDITORS

Amounts falling due within one year

6

5,143

4,901

NET CURRENT ASSETS

16,431

12,208

TOTAL ASSETS LESS CURRENT LIABILITIES

16,592

12,423

PROVISIONS FOR LIABILITIES

7

16

23

NET ASSETS

16,576

12,400

CAPITAL AND RESERVES

Called up share capital

8

5

5

Retained earnings

9

16,571

12,395

SHAREHOLDERS' FUNDS

16,576

12,400

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6th September 2023 and were signed by:

Mr P E D Uphill - Director

1.	STATUTORY INFORMATION

Pedu Fixing Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st January 2022

and 31st December 2022

549

DEPRECIATION

At 1st January 2022

334

Charge for year

54

At 31st December 2022

388

NET BOOK VALUE

At 31st December 2022

161

At 31st December 2021

215

No fixed assets are subject to finance leases or hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/22

31/12/21

£

£

Other debtors

13,433

13,278

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/22

31/12/21

£

£

Trade creditors

(205

)

-

Taxation and social security

4,568

4,121

Other creditors

780

780

5,143

4,901

7.	PROVISIONS FOR LIABILITIES

31/12/22

31/12/21

£

£

Deferred tax

16

23

Deferred

tax

£

Balance at 1st January 2022

23

Provided during year

(7

)

Balance at 31st December 2022

16

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/22

31/12/21

value:

£

£

1

Ordinary Share

£1

1

1

1

Ordinary A Share

£1

1

1

1

Ordinary B Share

£1

1

1

1

Ordinary C Share

£1

1

1

1

Ordinary D Share

£1

1

1

5

5

9.

RESERVES

Retained

earnings

£

At 1st January 2022

12,395

Profit for the year

19,236

Dividends

(15,060

)

At 31st December 2022

16,571

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P E D Uphill.