PENGUIN HOT TUBS LIMITED

Company Registration Number:
SC442528 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

PENGUIN HOT TUBS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PENGUIN HOT TUBS LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Kieth John McKay
Michelle Mckay
Registered office: Thornhome House
Yieldshields
Carluke
Lanarkshire
ML8 4QD
Company Registration Number: SC442528 (Scotland)

PENGUIN HOT TUBS LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Kieth John McKay
Michelle Mckay

This report was approved by the board of directors on 4 March 2024
And Signed On Behalf Of The Board By:

Name: Kieth John McKay
Status: Director

Name: Michelle Mckay
Status: Director

PENGUIN HOT TUBS LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 189,798 262,741
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 49,334 ) ( 115,875 )
Operating Profit or (Loss) 140,464 146,866
Profit or (Loss) Before Tax 140,464 146,866
Profit or (Loss) for Period 140,464 146,866

The notes form part of these financial statements

PENGUIN HOT TUBS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 41,461 41,461
Total fixed assets: 41,461 41,461
Current assets
Stocks: 498,512 356,341
Debtors: 587 0
Cash at bank and in hand: 0 4,020
Total current assets: 499,099 360,361
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 22,449 ) ( 14,928 )
Net current assets (liabilities): 476,650 345,433
Total assets less current liabilities: 518,111 386,894
Creditors: amounts falling due after more than one year: ( 33,046 ) ( 42,014 )
Total net assets (liabilities): 485,065 344,880

The notes form part of these financial statements

PENGUIN HOT TUBS LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 5 0 0
Profit and loss account: 485,064 344,879
Shareholders funds: 485,065 344,880

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 March 2024
And Signed On Behalf Of The Board By:

Name: Kieth John McKay
Status: Director

Name: Michelle Mckay
Status: Director

The notes form part of these financial statements

PENGUIN HOT TUBS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PENGUIN HOT TUBS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

PENGUIN HOT TUBS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

PENGUIN HOT TUBS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible Assets

Total
Cost £
At 01 March 2022 41,461
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2023 41,461
Depreciation
At 01 March 2022 -
Charge for year -
On disposals -
Other adjustments -
At 28 February 2023 -
Net book value
At 28 February 2023 41,461
At 28 February 2022 41,461

PENGUIN HOT TUBS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Revaluation reserve


2023
£
Balance at 01 March 2022 0
Surplus or deficit after revaluation 0
Balance at 28 February 2023 0