Complex sentence: Along with Jonny Buckland, Pegg is godfather to Apple, daughter of close friends Chris Martin and Gwyneth Paltrow in return Martin is godfather to Pegg's daughter.
Split into simpler sentences: Along with Jonny Buckland, Pegg is godfather to Apple, daughter of close friends Chris Martin and Gwyneth Paltrow. In return Martin is godfather to Pegg's daughter.