Company Registration No. 13489918 (England and Wales)
PENUEL HOLDINGS LIMITED
Unaudited accounts
for the year ended 31 July 2023
PENUEL HOLDINGS LIMITED
Unaudited accounts
Contents
PENUEL HOLDINGS LIMITED
Company Information
for the year ended 31 July 2023
Director
FATIMILEHIN, Adegboyega
Company Number
13489918 (England and Wales)
Registered Office
C/O 10 BALFE STREET
LONDON
N1 9EG
UNITED KINGDOM
PENUEL HOLDINGS LIMITED
Statement of financial position
as at 31 July 2023
Investment property
810,793
810,793
Cash at bank and in hand
191,892
215,036
Net current assets
191,892
215,036
Total assets less current liabilities
1,002,685
1,025,829
Creditors: amounts falling due after more than one year
(1,029,670)
(1,031,569)
Net liabilities
(26,985)
(5,740)
Called up share capital
100
100
Profit and loss account
(27,085)
(5,840)
Shareholders' funds
(26,985)
(5,740)
For the year ending 31 July 2023 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 his 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 11 April 2024 and were signed on its behalf by
FATIMILEHIN, Adegboyega
Director
Company Registration No. 13489918
PENUEL HOLDINGS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
PENUEL HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13489918. The registered office is C/O 10 BALFE STREET, LONDON, N1 9EG, UNITED KINGDOM.
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.
Fair value at 1 August 2022
810,793
5
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
322,089
364,547
Other creditors
113,131
72,572
Loans from directors
594,450
594,450
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).