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REGISTERED NUMBER: 02247823 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

PEMBROOK DESIGN LIMITED

PEMBROOK DESIGN LIMITED (REGISTERED NUMBER: 02247823)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEMBROOK DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: C G Harding





SECRETARY: C G Harding





REGISTERED OFFICE: Jackson House
Station Road
Chingford
London
E4 7BU





REGISTERED NUMBER: 02247823 (England and Wales)





ACCOUNTANTS: Barrow LLP
Chartered Accountants
Jackson House
Station Road
Chingford
London
E4 7BU

PEMBROOK DESIGN LIMITED (REGISTERED NUMBER: 02247823)

BALANCE SHEET
31 DECEMBER 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 20,787 23,004

CURRENT ASSETS
Debtors 6 233,838 244,287
Cash at bank and in hand 42 42
233,880 244,329
CREDITORS
Amounts falling due within one year 7 246,130 204,966
NET CURRENT (LIABILITIES)/ASSETS (12,250 ) 39,363
TOTAL ASSETS LESS CURRENT LIABILITIES 8,537 62,367

CREDITORS
Amounts falling due after more than one year 8 111,833 166,833
NET LIABILITIES (103,296 ) (104,466 )

CAPITAL AND RESERVES
Called up share capital 10 49,998 49,998
Retained earnings (153,294 ) (154,464 )
SHAREHOLDERS' FUNDS (103,296 ) (104,466 )

PEMBROOK DESIGN LIMITED (REGISTERED NUMBER: 02247823)

BALANCE SHEET - continued
31 DECEMBER 2022


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





C G Harding - Director


PEMBROOK DESIGN LIMITED (REGISTERED NUMBER: 02247823)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Pembrook Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sale of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 15% on reducing balance and 10% on cost

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 7 ) .

PEMBROOK DESIGN LIMITED (REGISTERED NUMBER: 02247823)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 30,323
Additions 1,846
At 31 December 2022 32,169
DEPRECIATION
At 1 January 2022 7,319
Charge for year 4,063
At 31 December 2022 11,382
NET BOOK VALUE
At 31 December 2022 20,787
At 31 December 2021 23,004

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 221,142 231,940
Other debtors 12,696 12,347
233,838 244,287

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 81,684 53,827
Trade creditors 32,724 36,008
Taxation and social security 65,152 54,542
Other creditors 66,570 60,589
246,130 204,966

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans 111,833 166,833

PEMBROOK DESIGN LIMITED (REGISTERED NUMBER: 02247823)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.22 31.12.21
£    £   
Bank overdrafts 37,684 9,827
Bank loans 155,833 210,833
193,517 220,660

The bank loan is secured by a debenture over the company's assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
49,998 Ordinary £1 49,998 49,998

11. FINANCIAL COMMITMENTS AND OFF BALANCE SHEET ARRANGEMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £41,091 (2021 - £37,826), being operating lease commitments payable.