Company Registration No. 12015096 (England and Wales)
96 Pendra's Limited
Unaudited accounts
for the year ended 30 September 2022
96 Pendra's Limited
Company Information
for the year ended 30 September 2022
Company Number
12015096 (England and Wales)
Registered Office
1 Parrett Close
Langport
Somerset
TA10 9PG
Accountants
LJW Accountants Limited
27 Hardy Avenue
Dartford
Kent
DA1 2FE
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
96 Pendra's Limited
for the year ended 30 September 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
96 Pendra's Limited for the year ended
30 September 2022 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
LJW Accountants Limited
Chartered Certified Accountants
27 Hardy Avenue
Dartford
Kent
DA1 2FE
16 April 2023
96 Pendra's Limited
Statement of financial position
as at 30 September 2022
Intangible assets
123,075
135,383
Tangible assets
8,455
10,760
Cash at bank and in hand
10,513
11,483
Creditors: amounts falling due within one year
(120,068)
(122,092)
Net current liabilities
(109,305)
(109,884)
Called up share capital
100
100
Profit and loss account
22,125
36,159
Shareholders' funds
22,225
36,259
For the year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 April 2023 and were signed on its behalf by
Wai Han Wong
Director
Company Registration No. 12015096
96 Pendra's Limited
Notes to the Accounts
for the year ended 30 September 2022
96 Pendra's Limited is a private company, limited by shares, registered in England and Wales, registration number 12015096. The registered office is 1 Parrett Close, Langport, Somerset, TA10 9PG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight line method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
96 Pendra's Limited
Notes to the Accounts
for the year ended 30 September 2022
4
Intangible fixed assets
Goodwill
At 30 September 2022
159,999
Charge for the year
12,308
At 30 September 2022
36,924
At 30 September 2022
123,075
At 30 September 2021
135,383
5
Tangible fixed assets
Fixtures & fittings
At 30 September 2022
15,370
At 30 September 2022
6,915
At 30 September 2022
8,455
At 30 September 2021
10,760
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
377
7,314
Loans from directors
116,346
98,494
7
Average number of employees
During the year the average number of employees was 6 (2021: 6).