REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 |
FOR |
PENNINE TELECOM LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 |
FOR |
PENNINE TELECOM LIMITED |
PENNINE TELECOM LIMITED (REGISTERED NUMBER: 05652829) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31st December 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
PENNINE TELECOM LIMITED |
COMPANY INFORMATION |
for the Year Ended 31st December 2021 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 City Road East |
Manchester |
M15 4PN |
PENNINE TELECOM LIMITED (REGISTERED NUMBER: 05652829) |
BALANCE SHEET |
31st December 2021 |
2021 | 2020 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
PENNINE TELECOM LIMITED (REGISTERED NUMBER: 05652829) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31st December 2021 |
1. | STATUTORY INFORMATION |
Pennine Telecom Limited is a private company limited by share capital, incorporated in England and Wales, registration number 05652829. The address of the registered office and principal place of business is Pennine House, Salford Street, Bury, BL9 6YA |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Trade and other debtors |
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the trade debtors and other debtors are stated at cost less impairment losses for bad and doubtful debts. |
Trade and other creditors |
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. |
Cash and cash equivalents |
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2020 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Amounts owed by group undertakings |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
Ordinary shares | £1 | 1,000 | 1,000 |
PENNINE TELECOM LIMITED (REGISTERED NUMBER: 05652829) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31st December 2021 |
6. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party are the directors of the ultimate parent company by virtue of their controlling |
interest in the ultimate parent, Nycomm Holdings Limited. |
The parent company of the largest and smallest group that includes the company and for which group financial statements are prepared is Nycomm Holdings Limited. Copies of Nycomm Holdings Limited financial statements can be obtained from the registered office at Pennine House, Salford Street, Bury, BL9 6YA. |