IRIS Accounts Production v23.3.0.418 13762047 Board of Directors 24.11.21 30.11.22 30.11.22 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137620472021-11-23137620472022-11-30137620472021-11-242022-11-30137620472021-11-2313762047ns10:Originalns15:EnglandWales2021-11-242022-11-3013762047ns14:PoundSterlingns10:Original2021-11-242022-11-3013762047ns10:Originalns10:Director12021-11-242022-11-3013762047ns10:Original2021-11-242022-11-3013762047ns10:Original2022-11-3013762047ns10:Originalns10:PrivateLimitedCompanyLtd2021-11-242022-11-3013762047ns10:Originalns10:SmallEntities2021-11-242022-11-3013762047ns10:Originalns10:AuditExempt-NoAccountantsReport2021-11-242022-11-3013762047ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-11-242022-11-3013762047ns10:SmallCompaniesRegimeForAccountsns10:Original2021-11-242022-11-3013762047ns10:Originalns10:FullAccounts2021-11-242022-11-3013762047ns10:Originalns10:Director22021-11-242022-11-3013762047ns10:Originalns10:RegisteredOffice2021-11-242022-11-3013762047ns10:Originalns5:CurrentFinancialInstruments2022-11-3013762047ns5:ShareCapitalns10:Original2022-11-3013762047ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-11-3013762047ns10:Originalns5:AdditionsToInvestments2022-11-3013762047ns10:Originalns5:DisposalsRepaymentsInvestments2022-11-3013762047ns10:Originalns5:CostValuation2022-11-30
REGISTERED NUMBER: 13762047 (England and Wales)












Unaudited Financial Statements

for the Period

24 November 2021 to 30 November 2022

for

Penson Architecture Holdings Limited

Penson Architecture Holdings Limited (Registered number: 13762047)






Contents of the Financial Statements
for the Period 24 November 2021 to 30 November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Penson Architecture Holdings Limited

Company Information
for the Period 24 November 2021 to 30 November 2022







DIRECTORS: Mrs L I Penson
L J Penson





REGISTERED OFFICE: Bennett House
The Dean
Alresford
Hampshire
SO24 9BH





REGISTERED NUMBER: 13762047 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
Bennett House
The Dean
Alresford
Hampshire
SO24 9BH

Penson Architecture Holdings Limited (Registered number: 13762047)

Balance Sheet
30 November 2022

Notes £    £   
FIXED ASSETS
Investments 4 10,620,000

CURRENT ASSETS
Cash in hand 1

CREDITORS
Amounts falling due within one year 5 750
NET CURRENT LIABILITIES (749 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,619,251

CAPITAL AND RESERVES
Called up share capital 6 10,620,001
Retained earnings (750 )
10,619,251

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:





L J Penson - Director


Penson Architecture Holdings Limited (Registered number: 13762047)

Notes to the Financial Statements
for the Period 24 November 2021 to 30 November 2022

1. STATUTORY INFORMATION

Penson Architecture Holdings 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.

2. ACCOUNTING POLICIES

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

The financial statements for the period under review have been prepared on a going concern basis. The directors have considered a period of twelve months from the period of approval of these financial statements. On the basis of the above, the directors believe that it is prudent to prepare the accounts on a going concern basis.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 11,150,001
Disposals (530,001 )
At 30 November 2022 10,620,000
NET BOOK VALUE
At 30 November 2022 10,620,000

Penson Architecture Holdings Limited (Registered number: 13762047)

Notes to the Financial Statements - continued
for the Period 24 November 2021 to 30 November 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 750

6. CALLED UP SHARE CAPITAL

During the year the company allotted 11,149,999 ordinary £1 shares and 1 ordinary B £1 shares as part of a group reorganisation. The consideration received was the entire share capital of Penson Architecture Limited.

During the year the company passed a special resolution to adopt new articles and redesignate their share capital. The company redesignated 530,000 Ordinary A £1 shares to Ordinary B £1 shares, and redesignated 1 Ordinary B £1 share to 1 Ordinary A1 50p share and I Ordinary B1 50p share.

During the year a special resolution was passed for the company to reduce it's share capital. There was a reduction of 530,000 ordinary B £1 shares and 1 ordinary B1 50p share

At the period end the share holdings consisted of 10,620,000 A Ordinary Shares with a nominal value of £1 and 1 A1 Ordinary Share with a nominal value of £0.50. 10,620,000 A Ordinary shares are held by Mr L J Penson and 1 A1 Ordinary Share is held by Mrs L I Penson.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr L J Penson, by virtue of his position as director and controlling shareholding.