PE Advisory Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 08591805 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

PE ADVISORY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P E Kelly

E Kelly

REGISTERED OFFICE:

7a Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

REGISTERED NUMBER:

08591805 (England and Wales)

FIXED ASSETS

Investments

4

4,000

4,000

CURRENT ASSETS

Debtors

75,000

65,324

Cash at bank

1,308,917

1,200,611

1,383,917

1,265,935

CREDITORS

Amounts falling due within one year

131,806

100,795

NET CURRENT ASSETS

1,252,111

1,165,140

TOTAL ASSETS LESS CURRENT LIABILITIES

1,256,111

1,169,140

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,256,011

1,169,040

SHAREHOLDERS' FUNDS

1,256,111

1,169,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 16 December 2022 and were signed on its behalf by:

P E Kelly - Director

1.	STATUTORY INFORMATION

PE Advisory 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

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of management and consultancy services, excluding value added tax, performed during the year. Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Investments

Investments in shares are included at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2021

and 31 December 2021

4,000

NET BOOK VALUE

At 31 December 2021

4,000

At 31 December 2020

4,000

5.	RELATED PARTY DISCLOSURES

During the year ended 31 December 2021, PE Advisory Limited entered into the following transactions with related undertakings:

PE Advisory Ltd received dividends amounting to £87,100 (2020 - £66,000).

PE Advisory Ltd invoiced for management charges amounting to £25,000 (2020 - £25,000).

As at 31 December 2021, amounts due from related undertakings totalled £54,000 (2020 - £12,500).