Simon Pegg Uses Pastries to Stay in Gwyneth Paltrow's Good Graces

08/26/2013 at 02:00 PM EDT

Gwyneth Paltrow Eats Pastries? Simon Pegg Jokes About Goddaughter's Consumption
From left: Simon Pegg; Apple Martin and Gwyneth Paltrow
Kevin Winter/Getty; Splash News Online
The British actor Simon Pegg is godfather to Chris Martin and Gwyneth Paltrow's 9-year-old daughter Apple. In turn, Martin is godfather to Pegg's 4-year-old daughter Matilda.

It's been a joy, Pegg tells PEOPLE, but sometimes difficult to reciprocate certain gestures.

"[Chris] sang a song for [Matilda] in Berlin when she was born," Pegg said, with still-apparent awe, last week at the Los Angeles premiere of his latest film, The World's End. "He dedicated one of the songs, and I was really chuffed about it."

And what does Pegg, 43, do for the Paltrow-Martin household?

"Muffins," he deadpanned. "Any kind of gift basket, maybe some toiletries ..."

In fact, food does work, he added. "They eat anything, believe me," Pegg says with a chuckle. "I go around there with a bag of éclairs every time I see them. They scoff 'em down, and I don't even get any."

While being a godfather has been amazing, Pegg adds that fatherhood to Matilda has been the most transformative experience in his life.

"She's amazing," he says. "She's the center of my life, and I value spending time with her more than anything. She's the best."

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