Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30truefalse2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false22022-07-01No description of principal activity 06544895 2022-07-01 2023-06-30 06544895 2021-07-01 2022-06-30 06544895 2023-06-30 06544895 2022-06-30 06544895 c:Director1 2022-07-01 2023-06-30 06544895 d:CurrentFinancialInstruments 2023-06-30 06544895 d:CurrentFinancialInstruments 2022-06-30 06544895 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06544895 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 06544895 d:ShareCapital 2023-06-30 06544895 d:ShareCapital 2022-06-30 06544895 d:RetainedEarningsAccumulatedLosses 2023-06-30 06544895 d:RetainedEarningsAccumulatedLosses 2022-06-30 06544895 c:FRS102 2022-07-01 2023-06-30 06544895 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 06544895 c:FullAccounts 2022-07-01 2023-06-30 06544895 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

06544895







PENCILWEIGHT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED
30 JUNE 2023

PENCILWEIGHT LIMITED
REGISTERED NUMBER:06544895

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

  

Creditors: amounts falling due within one year
 4 
(38,708)
(36,108)

Total assets less current liabilities
  
 
 
(38,708)
 
 
(36,108)

Net liabilities
  
(38,708)
(36,108)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(38,709)
(36,109)

  
(38,708)
(36,108)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M J Queen
Director

Date: 5 February 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

PENCILWEIGHT LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Pencilweight Limited ('the company') is a private limited company, limited by shares and domiciled and incorporated in England and Wales.
The address of its registered office is 25 Broad Highway, Cobham, Surrey, KT11 2RR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

Monetary amounts in these financial statements are stated in sterling and rounded to the nearest whole £1. 

The following principal accounting policies have been applied:

 
2.2

Going concern

The company meets its day to day working capital requirements through the support of the directors.
As the directors have pledged their ongoing support for the company, it is considered appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of the directors' support.

 
2.3

Creditors

Short term creditors are measured at the transaction price. 

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 -2).

Page 2

PENCILWEIGHT LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
36,108
33,228

Accruals and deferred income
2,600
2,880

38,708
36,108



5.


Related party transactions

At the balance sheet date the company owed the directors £26,396 (2022: £23,516). This is an interest free loan which is repayable on demand. 

 
Page 3